Tag Results for cap-and-trade (19)

  1. Cap and Trade or Carbon Tax?

    In his address before Congress last night President Obama called on â''Congress to send me legislation that places a market-based cap on carbon pollution and drives the production of more renewable energy in America.â'' The question is, will a cap and trade system deliver the desired result better than a straight carbon tax? …

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  2. No New Nukes in New York's Future?

    Nuclear power as an alternative energy option for New York State was debated at a public forum organized by the New York League of Conservation Voters at New York University today. Actually there wasnâ''t much of a debate since it was apparent that no one on the panel thought that new nuclear power was in New York Stateâ''s short-term future. Even the nuclear industryâ''s representative, Mary Quillian-Helms, had to admit that new nuclear generation is not likely to be coming to New York State any time soon or to any of the Northeast states for that matter. …

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  3. Time to Radically Rethink Carbon Pricing?

    According to the conventional wisdom, the only way to discourage emission of carbon dioxide is to establish a carbon trading system, despite the cumbersome administrative infrastructure such a system requires and the controversial decisions that have to be made about permits and penalties. Why not a much simpler uniform carbon tax? If you donâ''t mind my echoing James Carville, BECAUSE ITâ''S A TAX, STUPID! But hey, itâ''s an all new ballgame, so perhaps itâ''s time to consider how such a tax could fit into the comprehensive tax reforms President-Elect Obama has outlined.

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  4. U.S. Air Regulation Reversals Are Costly for Industry

    The dramatic reversals in U.S. air regulation, reported and discussed two weeks ago, are proving nettlesome not just for environmentalists and for some of the parties that had challenged rules in court, but for the energy industry generally. John Dizard reports this week in London's Financial Times that utilities had spent upwards of $75 billion for SO2 and NOx retrofits to meet the rules that now have been overturned. Dizard quotes a source at the Washington law firm Bracewell & Giuliani saying that just the lost value of SO2 emissions allowances could come to $15-20 billion. PPL, a …

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