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Cap-and-Trade

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When Politics Constraints Carbon Pricing, Part 3: Why Carbon Revenues are Just as Important as "Putting a Price on Carbon"

July 28, 2014 by Jesse Jenkins
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Carbon Revenues and Carbon Pricing

How carbon revenues are used can impact both the political support for the carbon price itself and dramatically increase the amount of emissions abatement achievable at a given carbon price. It can also improve the overall economic performance of a politically constrained carbon pricing instrument.[read more]

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When Politics Constraints Carbon Pricing, Part 2: 6 Tips for Improving Climate Change Policy

July 24, 2014 by Jesse Jenkins
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Carbon Pricing and Politics

The repeal of Australia’s carbon tax last week put the political obstacles to establishing a price on carbon in stark relief. Yet the news from Canberra is just the most dramatic manifestation of a set of powerful political economy forces that can fundamentally constrain efforts to put a price on carbon.[read more]

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Power Over Pollution: How Legal Enforceability Will Drive Implementation of EPA's Power Plant Rule

July 23, 2014 by Ari Peskoe

Under EPA's Clean Power Plan proposal, states will submit plans to the EPA describing how they will meet 2030 carbon intensity targets. A state can include any strategy that will produce a quantifiable and verifiable reduction in carbon intensity, so long as it has legal authority to enforce its implementation.[read more]

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Why Does Politics Keep Getting in the Way of Pricing Carbon? - Part 1

July 21, 2014 by Jesse Jenkins
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Carbon Pricing and Politics

If you ask an economist the best way to combat climate change, you are very likely to get a pretty simple answer: put a price on carbon. Tax fossil fuels in proportion to the amount of carbon they release. Make coal, oil and natural gas more expensive.[read more]

Cap-and-Trade's Moment of Truth

July 16, 2014 by James Bushnell
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Cap, Trade, Truth

With the looming expansion of its cap-and-trade program to transportation fuels like gasoline, California is fast approaching a significant moment of truth for its climate policy. This has some people nervous, and there are growing rumblings of proposals to delay the expansion of the cap to transportation fuels.[read more]

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Beyond Paris, Part 4: Putting an Asterisk on Climate Change Mitigation Cost Projections

June 17, 2014 by Matthew Stepp

Warming Mitigation Costs and Measurement

 

The IPCC argues that keeping global temperatures within 2°C will incur an annual cost of 0.04 to 0.14 percent of global GDP ($29 billion to $101 billion per year) between now and 2100. Climate say this is proof that we can address climate change on the “cheap” when compared to the costs of inaction.[read more]

EPA's Proposed Greenhouse Gas Regulation: Why are Conservatives Attacking its Market-Based Options?

June 9, 2014 by Robert Stavins
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Professor Richard Schmalensee and I told the sordid tale of how conservatives in Congress who once supported cap and trade had come to lambast climate change legislation as “cap-and-tax.” Ironically, in doing this, conservatives have chosen to demonize their own market-based creation.[read more]

Chinese Adviser's Carbon Cap Remarks: Promising But Overblown?

June 5, 2014 by Christina Nunez
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A top Chinese climate adviser signaled on Tuesday that the country planned to set a new cap on carbon emissions by the end of the decade, which would be the first such effort from the country that is currently the world’s largest emitter of greenhouse gases.[read more]

EPA Rules Paving the Way for Energy Storage Technologies

June 4, 2014 by Matt Roberts
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EPA Rules and Storage Innovation

The EPA's announcement introducing a proposed rule for the regulation of emissions for our current fleet of generating facilities will have huge impacts on the future of the energy grid - and underlines the need for deploying new tech to meet our changing mix of electricity sources and our evolving demands.[read more]

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10 Key Questions for Assessing EPA's Proposed Carbon Rules Under Section 111(d) of the Clean Air Act

June 2, 2014 by Jim Pierobon
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EPA Carbon Rules Announcement

The EPA can't mandate how utilities achieve proposed emissions reductions. It is only setting guidelines for what states must do. That said, if the EPA does not like what it sees over the next two years before Obama leaves the White House, it can send state regulators back to their drawing boards.[read more]

Climate Change and the American Economy

May 30, 2014 by Elias Hinckley
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The 3rd National Climate Assessment was released earlier this month, painting what amounts to a very frightening picture of the spiraling costs of climate change and climate disruption to America and highlighting the need to price carbon dioxide emissions.[read more]

Energy Secretary Hints at EPA Carbon Rules: No 'Credible Resolution' Ignores Demand Side

May 22, 2014 by Stephen Lacey
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Under the upcoming Environmental Protection Agency rules for existing power plants, to be announced by President Barack Obama in early June, states will have the flexibility to develop customized plans based on their generation portfolios using a wide array of technologies.[read more]

Types of Carbon Pricing, Part 3 of 3

May 15, 2014 by Adam Whitmore
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The benefits of hybrid schemes include elements of both quantity and price management, with implications for the design of carbon pricing schemes around the world. In practice most carbon pricing schemes are to some extent already hybrids, but here a preferred form of hybrid is suggested.[read more]

Where Are Conservatives' Big Ideas About Clean Energy?

May 15, 2014 by Stephen Lacey
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Michael Liebreich penned an essay recently that outlined this intellectual conflict on the right: "Conservatives have allowed the left to claim ownership of the environment. The mistake has been implicitly to accept that protecting our environment is in opposition to a prosperous and free society."[read more]

A New Call for Carbon Pricing

May 12, 2014 by David Hone

Carbon Pricing

 

In the lead up to the United Nations Climate Summit coming in September of this year, the Abu Dhabi Ascent was held on May 4th and 5th as the only preparatory event. Former Vice President Al Gore was one of the keynote speakers of the Ascent.[read more]