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cap-and-trade vs. carbon tax

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]

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]

US Midterms Unlikely to Change Carbon Pricing Politics

November 4, 2013 by Evan Juska

Low Republican popularity has lead to speculation about whether, if Democrats did come out of the elections with control of both chambers, climate legislation might find its way back on the agenda. But even a Democratic wave would be unlikely to tip the scales in favor of new carbon pricing legislation.[read more]

Global Carbon Market Possible through Existing Climate Change Framework?

March 30, 2013 by David Hone

To date, the Kyoto Protocol under the UNFCCC is the only route we have had to creating something of a global carbon market. Two new cornerstones of the international discussion, could effectively work together.[read more]

China Eyes a Carbon Tax

March 16, 2013 by Lauren Cooper
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A senior official from China’s Ministry of Finance recently described plans for a national carbon tax as part of a new package of environmental protection taxes.[read more]

Has the Time Come For A Carbon Tax?

October 22, 2012 by Robert Stavins
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Carbon Tax via Shutterstock

 

The recent demise of serious political consideration of an economy-wide U.S. CO2 cap-and-trade system and the even more recent resurgence in interest among policy wonks in a U.S. carbon tax should prompt reflection on where we’ve been, where we are, and where we may be going.[read more]

The case for strong climate policy is simple. A cap on carbon pollution is, too.

May 21, 2010 by Gernot Wagner

Edward L. Glaeser makes the case for simplicity in addressing climate change. I couldn’t agree more with his premise. The basic economics are indeed simple. Climate change might be the largest market failure the world has ever seen. To correct it, put the right incentives in place: correct the fact that we currently treat the atmosphere...[read more]

Cap and Trade: Right Debate, Wrong Solution

April 13, 2010 by David Gold
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From Green Gold Blog David Gold heads up cleantech investments for Access Venture Partners and previously spent time in public policy and as an entrepreneur. ---------------------------------------------------------------------------  As we have seen in just the past few years, fossil fuel prices can vary dramatically over very...[read more]

Industry Reps at MIT Energy Conference: Give Us a Price on Carbon

March 8, 2010 by Scott Edward Anderson

The message from industry leaders attending the MIT Energy Conference this weekend is clear: "Give us a clear price on carbon." John Rowe, CEO of Exelon, has long been a proponent of cap-and-trade. He reiterated this support this morning in his opening keynote, saying he felt "a bit like Elizabeth Taylor's eighth husband: I know...[read more]

Putting a Price on Carbon: An Emissions Cap or a Tax?

March 3, 2010 by John Whitehead

Yale Environment 360 asked a number of environmentalists, economists, and academics to explain which approach – cap-and-trade or a carbon tax – they preferred. There was disagreement on many points, but on one issue most concurred. As Jeffrey D. Sachs, director of the Earth Institute at Columbia University, said, imposing some sort of...[read more]

Communicating Climate Change: What the Hell Is Cap-And-Trade?

February 2, 2010 by Tim Hurst
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Can't read the sign? Don't worry about it, no one knows what cap-and-trade is anyway. What the hell is cap-and-trade, and how does it relate to global warming? Our weekly “Communicating Climate Change” series will examine the challenges involved with writing on climate issues. It will often feature interviews with communicators, like...[read more]