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waxman-markey

Climate hawk Tom Perriello says cap-and-trade vote had little to do with his defeat

November 5, 2010 by Joseph Romm
with 594 views
0

He thinks his support of cap and trade had little to do with his defeat. He said it seemed in Tuesday’s election that congressmen who supported cap and trade fared better overall than those who did not. That’s from a Martinsville Bulletin piece today on Rep. Tom Perriello (D-VA). He was citing post-election analysis that found nearly two... [read more]

Kerry-Lieberman adds some certainty on offsets

May 13, 2010 by Joseph Romm
with 298 views
0

Overall, Kerry-Lieberman’s language on offsets shows a willingness to make hard choices on offset regulatory mechanisms for political, market, and in some cases environmental benefits….  [O]n the whole, the offsets provision provide a reliably cheaper way to GHG reduction, which will generally be legitimate environmentally….... [read more]

Comparing the American Power Act with the House climate bill and clean energy jobs bill

May 12, 2010 by Joseph Romm
with 217 views
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Last night, Climate Progress examined the key provisions of the American Power Act, the comprehensive climate and clean energy legislation being introduced today by Sen. John Kerry (D-MA) and Sen. Joe Lieberman (I-CT).  This Wonk Room repost by Brad Johnson compares key elements of Obama’s campaign promises from 2007 and... [read more]

EIA Stunner: Energy-related CO2 emissions are now down nearly 10% from 2005 levels. Can’t this country manage another 7% drop in 10 years? - Clean energy leads the way

May 5, 2010 by Joseph Romm
with 186 views
3

The U.S. Energy Information Administration (EIA) just issued its must-read report on U.S. Carbon Dioxide Emissions in 2009.  It turns out energy-related CO2 emissions have dropped faster than EIA had expected just a few months ago (see my September post, “EIA stunner: By year’s end, we’ll be 8.5% below 2005 levels of CO2 —... [read more]

Collection: Breakthrough Institute Analysis of Congressional Climate Bills

April 13, 2010 by Breakthrough Institute
with 172 views
0

The Breakthrough Institute team works to publish quantitative analysis of Congressional climate and clean energy legislation, often working to publish a series of analyses "in real time" as the Congressional debate unfolds. Here is our collection of analysis of climate bills in the current Congress: House: Waxman-Markey "American... [read more]

Note to Environmentalists: Economists are on your side

April 12, 2010 by Tim Haab
with 240 views
2

There is a tendency among some environmental writers to dismiss “classical”, “traditional”, “neoliberal”, or “mainstream” economics as somehow inimical to environmental interests. The problem is that more often than not these writers get the facts wrong. It’s almost as if the knee-jerk aversion to economics that exists among many... [read more]

Any Hope for Meaningful U.S. Climate Policy? A Somewhat Positive View

February 8, 2010 by Robert Stavins
with 535 views
7

The current conventional wisdom ­– broadly echoed by the news media and the blogosphere – is that comprehensive, economy-wide CO2 cap-and-trade legislation is dead in the current U.S. Congress, and perhaps for the next several years. Watch out for conventional wisdoms!  They inevitably appear to be the collective judgment... [read more]

Misguided “cap and divide” bill by Cantwell and Collins is neither politically nor environmentally viable

February 1, 2010 by Joseph Romm
with 111 views
0

Climate politics can be very strange indeed.  Because cap-and-trade bills like Waxman-Markey are seen as having no chance of passing the Senate, some enviros appear to be shifting their support to bills that are politically even less attractive and environmentally even less adequate. The latest misguided missile is the Carbon... [read more]

Chu Fights Back -- R&D Push Gets Support from Bingaman and Gates

January 22, 2010 by Breakthrough Institute
with 601 views
2

By Michael Shellenberger and Ted Nordhaus Neinstein: Senator Diane Feinstein is the latest senior Democratic Senator to politely but increasingly loudly say, cap and trade "isn't going to go ahead at this time." After receiving no help from the White House to secure the $15 billion in annual energy R&D investment Obama promised... [read more]

Marginal Revolution: The "health care betrayal" and Waxman-Markey

January 22, 2010 by John Whitehead
with 171 views
1

If there's one lesson from the health care debacle, it is that Waxman-Markey was and is a dead end.  Many of us objected to the bill on the grounds that it supports a lot of phony offsets for twenty years, imposes lots of costs and regulation in the meantime, and then never really does much to help climate change, given the... [read more]

On Fullerton and Karney's "evaluation" of the Waxman permit allocation

December 30, 2009 by John Whitehead
with 184 views
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Guest post from Jim Roumasset: The editors of The Economists' Voice claim that Fullerton and Karney give the Waxman-Markey bill "minimally passing marks," though you won't find that in the actual article. F-K's figure 1 shows that 30% of permits under Waxman-Markey would be initially auctioned off, with the percentage falling to an... [read more]

Fee-and-dividend is superior to cap-and-trade for effective carbon emissions reductions

November 9, 2009 by Barry Brook
with 381 views
1

The following guest post by Steve Kirsch presents a persuasive case that cap-and-trade systems (also called an emissions trading system[ETS]) are NOT the right way to put a price on carbon. This is relevant to the US Waxman-Markey bill, and Australia’s Carbon Pollution Reduction Scheme [CPRS]. Instead, a ‘fee and dividend’ approach is... [read more]

Sequestration and Education

October 23, 2009 by Geoffrey Styles
with 131 views
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Yesterday afternoon I began scrutinizing the Senate climate bill, S.1733, widely referred to as the Kerry-Boxer bill. Like the Waxman-Markey bill that the House passed in June, the scope of Kerry-Boxer goes far beyond the establishment of an economy-wide cap & trade system for reducing greenhouse gas emissions, though at a... [read more]

Kerry-Boxer Bloated with Methane Offsets

October 22, 2009 by David Levy
with 221 views
1

David L. O’Connor argued in the prior post, Carbon Offsets Reduce Compliance Costs, that offsets available under the proposed Waxman-Markey cap-and-trade bill in the US would help reduce the cost of carbon allowances by about 70%, on average, between 2012 and 2050. The Kerry-Boxer version that emerged out of the Senate in early October... [read more]

"Feeding Frenzy"

October 19, 2009 by Geoffrey Styles
with 105 views
0

An article in today's New York Times offers more detail on the manner in which Congressional climate legislation has fractured the energy industry into competing groups of haves and have-nots, based on how companies and sectors were treated under the Waxman-Markey bill and their hopes for receiving a better deal in the pending Kerry-... [read more]