Climate & Energy

Climate & Energy

Upstream carbon prices will not substantially change downstream carbon-emitting behavior

With apologies to Little Milton. Good news: With the incoming Obama administration, we are finally going to get some sort of a greenhouse gas (GHG) bill. Bad news: We are still having an inane, economically uninformed conversation about GHG policy. …

Climate & Energy

Obama and McCain make nice and possibly talk climate and energy

Obama and McCain got together this morning in Chicago for their first post-election meeting, in which they discussed what they could work on together going forward. As many noted prior to the meeting, it’s likely that climate change and energy …

Climate & Energy

Will Democrats take the votes but ignore the voters in increasingly powerful Northern Virginia?

Northern Virginia voters solidified their reputation Nov. 4 as a virtual factory for Democratic victories. Collectively, the Virginia suburbs of D.C. broke for Obama in numbers exceeding 60 percent. The margin is comparable to such liberal bastions as California and …

Climate & Energy

Obama talks energy on 60 Minutes

President-elect Obama was interviewed on 60 Minutes last night about the election and how he is preparing for the presidency. Obama noted early in the conversation that he’s “talking to top economic advisers about how we’re gonna create jobs, how …

Climate & Energy

… in my head

News that Obama and McCain are meeting today, along with Obama chief of staff-pick Rahm Emanuel and Sen. Lindsey Graham (R-S.C.), got me to thinking … what might that conversation be like? Obama: John, thanks for meeting with me today. …

Climate & Energy

Dingell implores colleagues to side with him on climate bill

A vote on who will lead a committee key to writing any climate legislation could come as early as this week. With the vote on his chairmanship of the House Energy and Commerce panel looming, Michigan’s John Dingell — a …

Climate & Energy

A concentrated solar BACT for new coal?

I recently listed a bunch of Best Available Control Technologies (BACT) for limiting CO2 emissions from new coal plants, following the landmark ruling by the EPA Environmental Appeals Board. But a leading expert on solar thermal baseload power points out …

Climate & Energy

Q: Does Dingell-Boucher have meaningful auctioning of CO2 permits before 2026?

A: No. The Dingell-Boucher climate bill has been criticized by many for having weak targets over the next two decades (see here). And even moderate Senators have doubts about using offsets as a major cost-containment strategy: "The emissions don’t have …

Climate & Energy

Why should we assume that a carbon tax will be simple and transparent?

I keep hearing that a carbon tax is obviously superior to a cap-and-trade system because it is “simpler and more transparent.” This has always struck me as a classic case of petitio principii — Latin for starting your argument on …