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U.S. could have Cap & Trade by 2016 – if California succeeds.
Think the U.S. could use tens of billions of dollars of brand new revenue to address its budget and debt challenges? And do you think newly re-elected President Obama might take a run at a bonafide climate strategy as part of his legacy by 2016? If California's Cap-and-Trade system succeeds, the response to both of those questions might actually be 'yes'.[read more]
Can California Cap And Trade Program Help Bridge Solar Financing Gap?
61.2 million greenhouse gas allowances go on sale November 14, in the first auction under California’s cap and trade program. That means it’s about time to decide how we’re going to spend the revenues, which are projected to be somewhere between $660 million to $3 billion. A billion of those dollars are already earmarked for...[read more]
Economists Voice Support for California Cap-and-Trade Auction
Global Warming via Shutterstock
This week, nearly 60 renowned economists and other experts around the country sent a letter to Governor Jerry Brown emphatically voicing their strong support for the design of California’s groundbreaking cap-and-trade program, a key element of the Global Warming Solutions Act (AB 32).Sent just days before the expected simulated auction...[read more]
New Report Suggests Best Approach to Invest Cap and Trade Revenue
California’s safest option for guarding against lawsuits over how it spends the billions anticipated from its landmark cap-and-trade program is to channel the auction revenue toward reducing greenhouse gas pollution and furthering the goals of its Global Warming Solutions Act (AB32), according to a recent analysis.The conclusion by the...[read more]
Evaluating California's Cap and Trade Programme
The nation is closely watching as California prepares to launch its first auction of pollution credits in a groundbreaking cap-and-trade program to reduce greenhouse gas (GHG) emissions, and potentially raise billions in revenue that can be reinvested in programs to reduce pollution and expedite the State’s transition to a clean energy...[read more]
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Scott Edward Anderson is a consultant, blogger, and media commentator who blogs at The Green Skeptic. More »
Christine Hertzog is a consultant, author, and a professional explainer focused on Smart Grid. More »
Gary Hunt Gary is an Executive-in-Residence at Deloitte Investments with extensive experience in the energy & utility industries. More »
Jesse Jenkins is a graduate student and researcher at MIT with expertise in energy technology, policy, and innovation. More »
Jim Pierobon helps trade associations/NGOs, government agencies and companies communicate about cleaner energy solutions. More »
Geoffrey Styles is Managing Director of GSW Strategy Group, LLC and an award-winning blogger. More »
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“Exxon sells a great carbon dioxide stripping agent, a product known as Flexsorb, a sterically hindered amine.This doesn't mean that they're suddenly out of the climate change denial manufacturing business. One can be fairly certain that they continue to follow the tobacco company/lung cancer strategy of several decades ago. What their production of ...”
“So in the end, you do want to keep FFs and CO2 pumping into the atmosphere ?What I am saying is that any hard look at Nuclear power will note that it produces almost no CO2, and Very few deaths/illnesses when compared with other sources of power.I do conceed that current commercial nuclear technology is by no means ideal to my thinking. We know how to build nuclear plants that are Walk away safe ...”