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Cap-and-Trade

Raise the Gas Tax

January 7, 2015 by Lucas Davis
12

Gas Taxes and Energy Policy

On January 1st, California’s cap-and-trade program was expanded to include gasoline and diesel. Allowance prices are currently $12.58/ton (link), so this increases gasoline prices by $0.10 per gallon and increases diesel prices by about $0.13 per gallon. I strongly support this expansion.[read more]

Four Questions For Global Carbon Markets In 2015

January 6, 2015 by Silvio Marcacci

Carbon Markets in the Coming Year

The world’s carbon markets are one of the climate change fight’s biggest stories, and they’ve never been stronger. Cap-and-trade systems combined with carbon taxes to cut emissions and invest billions in clean energy technologies, while expanding to over 40 national and regional jurisdictions in 2014.[read more]

Europe Shouldn't Feign Weakness When it Comes to International Climate Finance

December 23, 2014 by Sieren Ernst

The COP 20 in Lima is over, having delivered to the world, like so many COPs before it, yet another awkward acronym. The latest for the pile is ‘INDCs’, that’s “Intended Nationally Determined Contributions.” Presumably different from Nationally Determined Contributions of the unintended variety.[read more]

A Carbon Tax on Me: How to Cut Emissions, Save Money, Invest for the Future and Help End Energy Poverty

November 22, 2014 by David Lawrence
4

Amidst politics, hyperbole, gridlock, bipartisanship, skepticism, cynicism, advocacy and denial, we as individuals can feel powerless in making a substantial difference in the world in which we live. Yet each of us can contribute to solving issues which matter most to us.[read more]

5 Toughest Questions for Maroš Šefčovič - European Commissioner for Energy Union [VIDEO]

October 27, 2014 by Kasper Peters
1

Energy Union Hearings

Maroš Šefčovič had to answer a number of very difficult questions during his recent hearing by the European Parliament’s Committees on Industry, Research & Energy (ITRE) and Environment, Public Health & Food Safety (ENVI) on October 20th.[read more]

EU Energy Briefing: All You Need to Know for October 2014 [VIDEO]

October 20, 2014 by Kasper Peters

EU Energy Report

In this Brussels Briefing on Energy, leading energy journalist Hughes Belin for viEUws - the EU Policy Broadcaster, provides an overview of the European Union’s most pressing energy issues including the Juncker Commission, and the recent green light for the Hinkley Point C nuclear project.[read more]

The Multibillion Dollar Question: How to Spend Carbon Revenues?

October 14, 2014 by Meredith Fowlie
2

Carbon Revenue Spending

Debates over carbon pricing policies tend to focus on the costs imposed on firms and households. When a carbon tax or cap and trade program is introduced, firms see energy-related operating costs rise, drivers pay more at the pump, households see the prices of energy, and energy-intensive goods, tick up.[read more]

Charting China's Carbon Horizon

October 13, 2014 by Lucas Bifera

Carbon, China, and the Future

Discussions around China’s carbon emissions reached a fever pitch throughout September’s UN Climate Summit, punctuated by a new report from the Global Carbon Project estimating the country’s total emissions at 9.9 billion metric tons of CO2 (MTCO2) in 2013, or 28% of the global total.[read more]

5 Toughest Questions for Miguel Arias Cañete on Energy and Climate Action - Hearings of New European Commission

October 6, 2014 by Kasper Peters

Questions and the New European Commission

Miguel Arias Cañete - European Commissioner-designate for Climate Action and Energy - had to answer a number of difficult questions during his hearing by the European Parliament’s Committees on Industry, Research & Energy (ITRE) and Environment, Public Health & Food Safety (ENVI) on 1 October.[read more]

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Can Mitigating Global Climate Change be a Free Lunch?

September 29, 2014 by Matthew Stepp
5

Krugman and Climate Change Mitigation Costs

Paul Krugman launched the latest salvo in the battle over the economics of climate change when he recently announced: “Saving the planet would be cheap; it might even be free.” But he ignores critical nuances on policy and technology that lead him to the wrong conclusion that climate mitigation is a free lunch.[read more]

China Plans a Nationwide Carbon Market

September 22, 2014 by Henry Auer

China and the Carbon Market

China recently confirmed its eventual plan to place the entire nation under a carbon market (i.e., a cap-and-trade regime) in order to lower its annual rate of emitting carbon dioxide (CO2), the highly important and damaging greenhouse gas, beginning in 2016.[read more]

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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
40

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
57

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
93

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]