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  • Polar-bear listing decision must be made by May 15, says judge

    The last time we checked in with the laggardly Interior Department, it was saying it needed until June 30 to decide whether to place polar bears on the endangered-species list. But the department had better find its Decider Pants soon, as a federal judge has sided with green groups to impose a new deadline of […]

  • Me on a podcast

    I am on this week’s podcast from PolticalAffairs.net. I’ll confess when the PA guy called me I didn’t know it was a record of “Marxist thought online,” but hey, let a thousand flowers bloom. As it happens I was talking about a market-based carbon policy, kind of an odd subject for a Marxist podcast, but […]

  • Two simple, effective, and diametrically opposed climate policy proposals

    This is the second in a series; see part one. I said in my previous post that of the three goals of climate policy — simplicity, political buy-in, and efficiency — it is possible to get only two at once. You can get simplicity and buy-in. You can get simplicity and efficiency. But when you […]

  • McCain, Clinton support summer gas-tax rollback

    Hillary Clinton. Photo: Marc Nozell U.S. presidential candidates Hillary Clinton and John McCain have said they support temporarily suspending the federal excise tax on gasoline and diesel fuel over the summer to ease the impacts of high fuel prices on consumers. McCain indicated he would shift revenue from other sources to cover the estimated $9 […]

  • U.S. should back off from biofuels to bring down food prices, says Texas guv

    Has the U.S. push for biofuels contributed to rising global food prices? Well, yes, Secretary of State Condoleezza Rice said Monday: “There has been apparently some effect, unintended consequence from the alternative fuels effort.” But, she hastened to add, “biofuels continue to be an extremely important piece of the alternative energy picture” and “we think […]

  • Biofuels loophole in 2007 energy bill grandfathers in pollution

    A recent report ($ub. req'd) by Greenwire's Ben Geman revealed a massive loophole in the 2007 energy bill that renders meaningless most of the climate safeguards for corn ethanol that Democrats have touted.

    The loophole exempts any ethanol refineries that have already been built or were under construction at the time the bill passed from meeting the global warming requirements. Those facilities have a combined production capacity of 13.7 billion gallons, just shy of the 15 billion gallons of production mandated in the bill -- meaning that the Democrat-vaunted greenhouse-gas safeguards will apply to only 11 percent of corn ethanol production.

    With recent studies in the journal Science and elsewhere revealing that corn ethanol takes 167 years to produce enough greenhouse-gas savings to make it as green as regular old oil, and with billions of people struggling with skyrocketing food prices, and millions more acres of forest and savanna being destroyed, that means disaster for the climate and the world's poor.

  • You can’t achieve the three goals of climate policy at once

    I’ve been thinking about carbon policy lately (shocker, I know), prompted by recent interactions with Monica Prasad, Peter Barnes, and our own Sean Casten. The more I think about it, the more one of the central tensions becomes clear to me. Here are three goals for good climate legislation: Simplicity: The bill should not be […]

  • Energy prices that tell the truth: the real presidential litmus test

    Calling all greens: Barack Obama, battling to remain the front-runner in the Democratic presidential primary, this weekend took on the most sacred cow in American politics: cheap gas.

    Campaigning in Indiana, Obama distanced himself from the gas tax "holiday" proposed by Sen. John McCain, saying it may not bring down prices and would require raising other taxes to pay for highway maintenance.

    "The only way we're going to lower gas prices over the long term is if we start using less oil," Obama said in Anderson.

    McCain pounced, saying through a campaign spokesman that "Americans need strong leadership that can deliver lower gas prices and a healthier economy, not Barack Obama's inexperience and indecision." Obama's Democratic rival, Sen. Hillary Clinton, did likewise, unveiling a new ad calling for suspension of the gasoline tax -- a proposal first advanced by McCain on April 15.

    As U.S. political campaigns go, the contrast between McCain-Clinton's playing the gas-tax card and Obama's brave clarity couldn't be clearer.

  • The thing you really never hear

    This column from Newsweek editor Evan Thomas is largely a witless recitation of conventional wisdom, but it does raise one point I want to make. It seems to me that every mainstream media figure in the world is out there saying a) tackling global warming is going to be horrendously expensive, involving great sacrifice and […]

  • Lieberman-Warner criticism, Part 2

    This is the second in a five-part series exploring the details of the Lieberman-Warner Climate Security Act. See part 1 here.

    With atmospheric GHG concentrations rising at a frightening rate, we need a full court press to change directions, using every possible tool at our disposal. From an economic perspective, this means that we not only need to impose financial penalties on polluters, but also provide financial incentives for those who act to lower GHG emissions. We need a market mechanism in place so that the costs of GHG emission -- or the revenue associated with GHG reduction -- factors into individual investment decisions immediately. In short, we need big sticks and big carrots. The Climate Stabilization Act (CSA), as the Lieberman-Warner Bill is known, is a small stick with no carrot. This post explains why.