legislation

A weekly roundup of greenish news from the capitol

• According to a new EPA analysis, the “value of a statistical life” is now worth $6.9 million, which is nearly $1 million less than it was five years ago. This is important politically because when government agencies create regulations about things like air pollution, they use this statistical value to weigh the costs against […]

Smart ideas for post Lieberman-Warner climate policy

Lieberman-Warner had many, many, many, many, many problems. Sen. Jeff Bingaman (D-N.M.) has just done a bit of musing ($ub. req'd) on what the next effort ought to look like; he has done a rather eloquent job outlining the problems with Lieberman-Warner and suggesting what lessons we ought to take from its failure as we advance to a better model.

From Restructuring Today:

Connecticut wants to hide carbon prices

The Regional Greenhouse Gas Initiative is far from a perfect GHG bill. It is heavily allocation loaded, focuses only on a small sector of the economy (power plants >25 MW), and doesn't have any direct carrots to go with sticks.

The good news, such as it is, is that RGGI leaves many details to the discretion of the states, such that they can provide state-level patches to correct those absences in the overarching model. They can also make it worse.

Earlier this week, Connecticut chose the latter. As Restructuring Today ($ub. req'd) reports, Connecticut Gov. Jodi Rell (R) has decided that if the price of carbon gets too high, she should rebate the money back to rate payers to make their energy cheaper.

In other words, rather than letting markets allocate capital in response to the price of carbon, we should hide that price from energy users. Yuck.

Story below the fold.

How local building codes can be adapted to meet the 2030 Challenge right now

Compared to cutting-edge technologies -- nanotechnology, coal with carbon capture and sequestration, biomimicry -- building codes seem downright stodgy and, dare I say it?, boring. Yet, much to the surprise of many, building codes are fast becoming the Titans in the battle against climate change. Able to fell with a single blow the giants on the other side of the battlefield -- out-of-control greenhouse-gas emissions, thoughtless energy consumption, and gross energy inefficiency -- building codes are beginning to look pretty darn sexy in their own right.

Bush administration, other G8 leaders agree to halve emissions by 2050

Today at the G8 summit, which began yesterday in Hokkaido, Japan, world leaders reached a landmark deal: agreeing to cut emissions in half by 2050. The leaders agreed to “seriously consider” this goal last year, and six of the eight leaders have been trying desperately to get George Bush and Canadian Prime Minister Stephen Harper […]

Minority leader proposes spending cuts to pay for renewables tax-credit extension

Yet another episode in the drama that is the renewable-energy tax-credit extensions. Last week, Senate Minority Leader Mitch McConnell (R-Ky.) sent a letter [PDF] to Majority Leader Harry Reid (D-Nev.) and House Speaker Nancy Pelosi asking that the Democrats agree to spending cuts in order to fund the extension of tax credits for renewable energy. […]

Sierra Club prompts voters to call legislators about energy bills over the holiday weekend

The Sierra Club began running radio ads this week in six states whose U.S. senators are key votes for energy legislation. Though both Republicans and Democrats were hoping to have accomplished something so they could go home for the holiday and claim victory, Congress went into recess for the 4th of July holiday this week […]

Climate policy isn’t a pill to swallow, it’s a way off a sinking ship

This Ezra Klein post echoes what has rather rapidly become conventional wisdom among progressives on climate legislation, and it makes me want to tear my hair out. The idea is that climate legislation will inevitably hurt people financially in the short-term, in order to secure environmental benefits in the distant future, so the only way […]

White House disses Supreme Court, kills $2 trillion savings

The following post is by Earl Killian, guest blogger at Climate Progress.

The Wall Street Journal published new material ($ub. req'd) on the White House's emasculation of last year's Supreme Court global warming decision: The court told the EPA that the Clean Air Act requires it to regulate greenhouse gas emissions.

The White House seeks to nullify that decision by stuffing the EPA document down a memory hole and substituting antithetical language. The WSJ has seen the EPA's draft document and reports:

The draft ... outlines how the government, under the Clean Air Act, could regulate greenhouse-gas emissions from mobile sources such as cars, trucks, trains, planes and boats, and from stationary sources such as power stations, chemical plants and refineries. The document is based on a multimillion-dollar study conducted over two years.