Michael A. Livermore’s Posts

• When will we stop paying the hidden fossil fuel tax? 1

  Posted 1 week, 2 days agoLast week, the nation suffered from major sticker shock when we learned that our use of fossil fuels comes with a hidden price tag of $120 billion per year.

• Methane leakage runs up a $50 billion bill 6

  Posted 2 weeks, 3 days agoMethane is a greenhouse gas 25 times more potent than carbon dioxide, so when it's leaking by the ton, it's a $50 billion problem.

• Garbage in, garbage out

  Economics of climate legislation deserve honest accounting 0

  Posted 1 month agoThe debate over the Kerry-Boxer bill has picked up where Waxman-Markey left off: the economics of climate legislation.

• The other half of cost-benefit

  Counting the benefits of climate legislation 4

  Posted 1 month, 4 weeks ago

  While reducing greenhouse gases will have costs, so will the results of climate change. That may seem obvious, but up until now the debate over climate legislation has only focused on the costs, without looking at the benefits.

• Flattening the U

  The senator from Montana and the middle class 0

  Posted 3 months ago

  This morning, the Senate took its final step on climate change before its summer vacation—a hearing pulled together by Senate Finance Committee Chairman Max Baucus from Montana on how carbon allowances are allocated under the Waxman-Markey bill. The main takeaway: Under the House bill, the middle class does the heavy lifting to pay for the cost of reducing greenhouse gas emissions.

  The focus of the hearing was how the Senate can improve the allocation of the carbon allowances, which are likely to be worth more than $100 billion per year. Dallas Burtraw, a senior economist at Resources for the… Read More

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