Tag Results for Lieberman-Warner (6)

  1. Is Cap and Trade the Only Path to Carbon Reduction?

    Ask an economist for the best way to reduce carbon emissions, and the answer almost always is a carbon tax: drive up the cost of emitting CO2, and then let free markets find the technologies to avoid or reduce emissions. Ask a politician, and the answer is almost always cap-and-trade: set annual ceilings for carbon emissions, sell or issue emissions allowances to the major emitters, and let them trade the allowances so that those best able to cut emissions do so first. Every half-wit knows that either scheme will drive up energy and electricity prices. But economists prefer the tax …

    • |
    • 0
  2. Is Cap and Trade the Only Path to Carbon Reduction?

    Ask an economist for the best way to reduce carbon emissions, and the answer almost always is a carbon tax: drive up the cost of emitting CO2, and then let free markets find the technologies to avoid or reduce emissions. Ask a politician, and the answer is almost always cap-and-trade: set annual ceilings for carbon emissions, sell or issue emissions allowances to the major emitters, and let them trade the allowances so that those best able to cut emissions do so first. Every half-wit knows that either scheme will drive up energy and electricity prices. But economists prefer the tax …

    • |
    • 0
  3. Climate Legislation Showdown

    This week, the U.S. Senate opened discussion of the Lieberman-Warner Climate Security Act, which would institute a system of carbon trading in which emitters would buy or sell allowances, having received an initial allotment partly for free, partly in an auction. Though the bill is not likely tp pass Congress this year and is sure to be vetoed even if it does, it's considered almost a foregone conclusion that the new Congress will enact some kind of carbon trading bill next year and that the newly elected president will sign it. McCain cosponsored a lineal ancester of Lieberman-Warner, and Obama …

    • |
    • 0
  4. Climate Legislation Showdown

    This week, the U.S. Senate opened discussion of the Lieberman-Warner Climate Security Act, which would institute a system of carbon trading in which emitters would buy or sell allowances, having received an initial allotment partly for free, partly in an auction. Though the bill is not likely tp pass Congress this year and is sure to be vetoed even if it does, itâ''s considered almost a foregone conclusion that the new Congress will enact some kind of carbon trading bill next year and that the newly elected president will sign it. McCain cosponsored a lineal ancester of Lieberman-Warner, and Obama …

    • |
    • 0
  5. American Auto Upheaval Radically Changes GHG Outlook

    Jim Hansen, the GISS/Columbia University modeler who has had such a huge influence on climate policy, often observes that action plans habitually fail to keep pace with the latest developments, sometimes to their detriment. A case in point he mentioned a few years ago when I was interviewing him for a book: the near-elimination of CFCs pursuant to the Montreal Protocol had a positive implication for climate, because CFCs--besides being ozone eaters--also are potent greenhouse gases. A similar case in point from today's news--the precipitous drop in U.S. large car sales.

    • |
    • 0
  6. American Auto Upheaval Radically Changes GHG Outlook

    Jim Hansen, the GISS/Columbia University modeler who has had such a huge influence on climate policy, often observes that action plans habitually fail to keep pace with the latest developments, sometimes to their detriment. A case in point he mentioned a few years ago when I was interviewing him for a book: the near-elimination of CFCs pursuant to the Montreal Protocol had a positive implication for climate, because CFCsâ''besides being ozone eatersâ''also are potent greenhouse gases. A similar case in point from todayâ''s newsâ''the precipitous drop in U.S. large car sales.

    • |
    • 0