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  • Raiding rainforest funds in climate legislation will turn cost projections into fantasy

    An endangered unicorn protected by one of the imaginary offsets created if Kerry-Graham-Lieberman raids funds for tropical rainforests.In the ongoing negotiations over the Kerry-Graham-Lieberman bill, different polluters are clamoring for cash to compensate them for not fouling the atmosphere quite so much. One of their targets: the legislation’s set-aside funds for reducing tropical deforestation, which […]

  • Illegal logging funding Taliban attacks on U.S. troops

    In case you didn’t have enough reasons to dislike the Taliban, The Wall Street Journal’s Yaroslav Trofimov looks at how they’re using revenue from illegal logging to finance attacks on U.S. troops (though, via some monumentally twisted logic, the article actually blames the logging ban, rather than the Taliban forces doing the logging and profiting […]

  • The problem with a green economy: economics hates the environment

    Cross-posted from the Wonk Room. Economics is critical to getting decent climate legislation passed, as Nobel Prize-winning economist Paul Krugman discusses in a extended piece for the New York Times. Economists like me have always suspected that this was true, but then we also suspect that economics is critical to pretty much everything. The problem […]

  • Pollution limits are essential for clean energy investments

    This piece was co-written by Kate Gordon, vice president for energy policy at American Progress. A critical element of President Obama’s domestic agenda is transforming the United States to a low-carbon-pollution economy, which would spur recovery, create jobs, and generate long-term prosperity. The president also made clear in his State of the Union address this […]

  • Outline of Kerry-Graham-Lieberman appears to hew to Obama’s clean energy principles

    Cross-posted from the Wonk Room. Photo: Wonk RoomDetails of the comprehensive green economy legislation being negotiated by a bipartisan trio of senators are leaking out, as draft language nears completion. In a meeting yesterday with a coalition of industry lobbyists, Sen. John Kerry (D-Mass.), Sen. Lindsey Graham (R-S.C.), and Sen. Joe Lieberman (I-Conn.) unveiled an […]

  • The other half of Kerry-Graham-Lieberman is weak too

      The second half could be enough to make you cry.Sens. John Kerry, Lindsey Graham, and Joe Lieberman (KGL) are supposedly going to unleash their long-awaited tripartisan climate/energy bill soon. Based on the (extremely tentative) information that’s gotten out so far, it looks like it will implement some sort of cap-and-trade system for electric utilities, […]

  • Why not structure climate bills to win popular support?

    Mainstream environmentalists tackling the climate crisis prioritize pricing greenhouse gas emissions over alternative policies to cool our fevered planet. The ACES climate bill that passed the House would weaken renewable rules, add massive offsets, and kill much existing EPA authority to fight climate change. The “simple” Cantwell-Collins cap-and-dividend bill focuses on an auctioned permit system […]

  • Stupid things senators are saying about the Kerry, Graham, and Lieberman proposal

    Over the weekend, Sens. John Kerry (D-Mass.), Lindsey Graham (R-S.C.), and Joe Lieberman (I-Conn.) released some details about their upcoming “tripartisan” energy/climate bill. (I wrote about it here.) This has prompted a flurry of press coverage, as various senators and interest groups react to the proposal. The result? A torrent of confusion, nonsense, and outright […]

  • Lindsey Graham’s dilemma, part two: Trying to deal a winning hand without ACES

    As we saw yesterday, Sen. Lindsey Graham is in a pickle. He wants a climate bill. He wants to put a price on carbon. He wants to bring diverse constituencies to the table. He wants to craft something the public can support. But he can’t use the bill that already did all that stuff! The […]