cap-and-trade
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Q: Does a climate bill have to be bipartisan?
I’m updating my previous answer to this important and complicated question, but sticking with “no” for four reasons: 1. Against all evidence, conservative Republicans have simply refused to budge on the global warming issue (see “House GOP pledge to fight all action on climate. “Why do conservatives hate your children?”). They would rather destroy the […]
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Myth: Unlike cap-and-trade, a carbon tax is simple, immune to manipulation, & politically palatable
A strange-bedfellows political coalition, everyone from the CEO of Exxon to climate scientist James Hansen, supports a carbon tax as an alternative to cap-and-trade. Tax proponents allege that cap-and-trade is too complicated; too friendly to financial industry tricks and manipulations; too open to loopholes, cheating, and special pleading; too weak to work. This is all […]
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Myth: Europe’s experience shows that cap-and-trade can’t work
It is now widely acknowledged that Europe’s carbon trading program — the ETS — made several key mistakes in its initial trial period. The system covered a narrow slice of the EU economy, yielding a relatively small market wherein price fluctuations could not be effectively smoothed out. The data on baseline emissions was poor and […]
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New climate legislation overlooks a major GHG source: industrial ag
Like many others in the climate movement, I have been waiting for weeks (well, years actually) for broad and sweeping climate change legislation. Back in January the economy captured Congressional attention and I knew global warming legislation would simply have to wait. Finally, yesterday, Representatives Markey and Waxman introduced their “American Clean Energy and Security […]
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Senate rules out using budget process to pass cap-and-trade
Prospects for using the Congress’s budget process to pass cap-and-trade legislation were extinguished on Wednesday night as the Senate voted overwhelmingly in favor of a measure to bar that option. The amendment, sponsored by Sen. Mike Johanns (R-Neb.), prohibits the “use of reconciliation in the Senate for climate change legislation involving a cap and trade […]
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Responding to the “energy tax” attack
I’ll get more into the specifics of the Waxman/Markey bill in a bit, but first let’s address something lots of people have been asking me about these past few days: how to respond to Republican attacks that Dem energy/climate legislation constitutes an “energy tax” that will cost every American family 178 katrillion dollars every time […]
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In defense of the Dems’ One Big Bill energy/climate strategy
As Kate reported, Reps. Waxman and Markey have released a discussion draft of their American Clean Energy and Security (ACES, heh) Act. You can read Kate’s post for details, the full 600-page(!) text if you’ve got the nerve, or a summary. As far as I can tell, this didn’t get much media, which is peculiar, […]
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Republicans claim carbon bill impact on families that is off by — no kidding — 98%
So Republicans have been going around saying that Obama’s cap-and-trade program will cost every American household $3,128 a year. Wait, did I say cap-and-trade program? I mean “light switch tax.” Because you’ll pay a tax every time you turn on your light! Get it?! And so comes the latest wet burp from the rotting corpse […]
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Key Democrats deal opening hand in climate debate
House Energy and Commerce Committee leaders released the much-anticipated draft of their climate and energy legislation on Tuesday, a proposal that includes emissions goals more ambitious than those proposed by the Obama White House but also leaves open many of the most contentious questions on climate policy. Sponsors Ed Markey (D-Mass.) and Henry Waxman (D-Calif.) […]
