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carbon pricing

What's the Worst That Could Happen?

July 8, 2014 by Severin Borenstein

Carbon Price and Futures

California’s year-and-a-half old cap-and-trade market for reducing greenhouse gases (GHGs) has drawn renewed interest over the last few weeks, since the EPA announced its initiative for limiting greenhouse gases from existing power plants.[read more]

Carbon Pricing and Bedfellows

July 7, 2014 by David Hone

Carbon Pricing Politics

There is a well-known saying that “Politics makes strange bedfellows”. In recent weeks, carbon pricing has seen its share of media exposure and strange bedfellows, although this shouldn’t come as a surprise given that it is all about politics anyway.[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]

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]

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]

Types of Carbon Pricing, Part 2 of 3

May 7, 2014 by Adam Whitmore

Carbon taxes define a set price for all emissions from a jurisdiction and a particular time. For jurisdictions accounting for a small proportion of emissions and looking at limited time horizons variations in emissions will have little effect on the stock of GHGs in the atmosphere.[read more]

Types of Carbon Pricing: Part 1 of 3

April 30, 2014 by Adam Whitmore

This post is the first of three summarizing the various and differing features of carbon pricing instruments – emissions trading (cap-and-trade), carbon taxes, and hybrids – and commenting on some of the implications for existing carbon pricing schemes.[read more]

The Continuing Spread of Carbon Pricing

January 17, 2014 by Adam Whitmore
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Carbon Pricing Spread

For my first post this year it seems timely to review progress on implementing carbon pricing around the world. As I’ve previously noted, the spread of carbon pricing during the past decade has been remarkable. It has become a worldwide phenomenon.[read more]

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Exploring Microsoft's Carbon Price and Its 5 Steps to Carbon Neutrality

December 30, 2013 by Jim Pierobon

Microsoft and Carbon Pricing

The number of companies taking tangible steps to prepare for and prosper in a lower-carbon economy is growing, even absent a national carbon tax or cap-and-trade regime. Their actions speak louder than the hyperbole that advocates are using to argue for and against paying for carbon emissions.[read more]

World Energy Council: We Need Strong & Predictable Carbon Pricing

December 2, 2013 by Zachary Shahan
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Carbon Pricing and the WEC

To help push for action at COP 19, the World Energy Council (WEC) recently published a report pushing for what many others — including some prominent Republicans (not the ones in office, unfortunately) — have been pushing for: strong and predictable carbon pricing.[read more]

Carbon Pricing No Panacea

October 16, 2013 by Andrew Leach
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Pretty well every economist that you can talk to will agree; if you want to reduce pollution, carbon or otherwise, the most cost-effective way to do so is with a price on the emissions of that which you seek to reduce. It truly is economics 101.[read more]

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Allowing Complexity: A Market Response to Climate Change

August 22, 2013 by Cal Abel
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Markets and Climate Change

Our energy policy is perhaps best described as going nowhere fast. Many, myself included, see climate change and it's resulting problems as one of the most pressing issues we face. We need to take action. But what action do we take?[read more]

Energy Poverty: We Need to Do So Much More

June 10, 2013 by Sandy Tung
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energy poverty

Providing access to clean fuel and electricity is the foundation that enables improvements and developments in health, education and business and provides the key to leaving poverty behind.[read more]

Can a Second Global Carbon Market Emerge?

June 10, 2013 by David Hone

global carbon market

At the very end of May Carbon Expo was held in Barcelona. There were quite a few exhibitors at the Expo hoping for life in the project mechanism market of the current “global carbon market.”[read more]

Uncovering the Real Cost of Carbon

June 5, 2013 by Gernot Wagner
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The Social Cost of Carbon is used to estimate the damages from carbon emissions (and the benefits from reducing those emissions) for the purposes of regulatory benefit-cost analyses.[read more]