carbon trading
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How carbon markets work in Europe
In spite of what you may have heard, Europe’s carbon market is working beautifully. The E.U.’s Emissions Trading Scheme (ETS) has been operational since 2005 and we’re now getting a good look at how it functions. It turns out, it’s a remarkable success story, both environmentally and economically. Let’s briefly review the major pieces of […]
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N.Y. Sen. Kirsten Gillibrand answers Grist’s questions on the Kerry-Boxer bill
Kirsten Gillibrand was in the midst of her second term in the U.S. House of Representatives, serving New York’s 20th District, when Gov. David Paterson selected her to replace Hillary Clinton in the U.S. Senate. (Clinton, you’ll recall, was chosen by Obama to serve as secretary of state.) Gillibrand will serve in the Senate at […]
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Giveway's in Climate Bill still unfair, inefficient
Peter Dorman, a strong cap-and-trade supporter points out why Stavins’ defense of giveways is wrong. The key paragraphs: To arrive at his judgment, Stavins lumps together the bulk of the free allocations and says, “about 80 percent of the value of allowances [accrue] to consumers, small business, and public purposes.” Hmmmm. So free handouts to […]
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Boxer-Kerry climate bill: what to watch for
Sens. Barbara Boxer (D-Calif.) and John Kerry (D-Mass.) plan to introduce their climate bill tomorrow. Here are a few brief notes on what to watch for. Just as a reminder, for the non-wonks, here’s how the process works: 1) House passes bill, 2) Senate passes bill, 3) House and Senate bills reconciled via conference committee, […]
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A big breakthrough on green jobs
The New York State Senate and Assembly, too often a model of corruption and dysfunctionality, rose above petty politics last week to pass forward-thinking legislation on climate and energy, setting a precedent for bipartisanship and a sensible cap and trade system. The State Senate passed the groundbreaking Green Job/Green New York Act, with strong support […]
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The Climate Post: Reality is the toughest wedge issue
First Things First: Research continues apace to find definitions of “clean tech” and “green jobs” that sound more meaningful than campaign rhetoric. In a new report [pdf], the Pew Charitable Trusts pinned down its working description of “clean energy economy” and analyzed 10 years of jobs data, through the 50 states, looking for trends. Analysts […]
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New Obama forest plan leaves roadless rule intact
The Obama administration will defend the Clinton roadless rule that has been ping-ponging in the courts for nearly a decade, Secretary of Agriculture Tom Vilsack said in Seattle on Friday. If courts can’t resolve the forest-protection conflict, the administration will create its own roadless rule, he said. Vilsack laid out a broad vision for the […]
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U.S.-Russia climate and energy efficiency cooperation: A neglected challenge
Enhancing cooperation on climate change and energy efficiency should be a major plank of U.S. Russia policy and should be discussed at the highest levels when President Obama meets with President Medvedev next week.This Center for American Progress post, by Senior Fellow Andrew Light, Senior Policy Analyst Julian L. Wong, and Fellow Samuel Charap, was […]
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Carbon trading: Worthy of Feinstein’s ire?
“Deregulation shifts the major burden of consumer protection to the competitive market, and therefore, in important measure, to the enforcement of antitrust laws.” – Alfred E. Kahn, Lessons for Deregulation: Telecommunications and Airlines after the Crunch. I’ve always found the above to be one of the wiser quotes about deregulation. (Kahn, for those who don’t […]
