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Author |
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The Air Over There Airlines must pay for emissions, E.U. says |
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27 Jun 2008 |
News |
| Posted at 10:30 AM on 27 Jun 2008 All flights into, out of, and within the European Union will be included in the bloc's emissions-trading scheme as of 2012, the E.U. Parliament decided Thursday. If the plan is given final approval, airlines will have to cut emissions 3 percent in 2012 and 5 percent per year from 2013 on. Airlines would buy 15 percent of their emissions permits from the E.U.; the rest would be allocated for free. Big ... |
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| Topics: air travel, business, carbon trading, climate, climate change mitigation, European Union, greenhouse-gas emissions, news (all these topics) |
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Revkin: Can tax-and-dividend break the political deadlock? Now that L-W is dead, Barnes' sky trust is looking good |
Gar Lipow |
07 Jun 2008 |
Gristmill |
| Revkin speculates that Barnes' proposal is a way to break the deadlock stopping climate change legislation. I think he may be right. Tax emissions. (Or cap them and auction permits.) Refund the revenue to everybody. It has the following political advantages: It is simple and easy to understand. It puts a price on emissions without really penalizing anybody. It is a no-hair-shirt solution. This last point is worth emphasizing. It does not punish consumers, be ... |
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| Topics: cap-and-dividend, carbon tax, carbon trading, climate, climate change mitigation, greenhouse-gas emissions (all these topics) |
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Ah, the 'Can't do' spirit Standing up to Samuelson |
Joseph Romm |
04 Jun 2008 |
Gristmill |
| This post is by Bracken Hendricks, senior fellow at the Center for American Progress. ----- In Monday's Washington Post, and a parallel piece in Newsweek, Robert Samuelson gets it wildly wrong on cap-and-trade, parroting a litany of falsehoods and misrepresentations concerning the most probable federal policy for reducing greenhouse-gas emissions. Like most detractors of action on global warming, Samuelson continues to push the unsubstantiated notion that reducing emi ... |
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| Topics: carbon tax, carbon trading, climate, climate change mitigation, greenhouse-gas emissions (all these topics) |
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By Our Power Combined California utilities scuffle over cap-and-trade |
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21 Apr 2008 |
News |
| Posted at 8:42 AM on 21 Apr 2008 California is well aware that reducing greenhouse-gas emissions is easier said than done. The state's attempts to craft an effective cap-and-trade system are causing infighting among public utilities and their privately owned counterparts. Public utilities, which source more of their power from coal, protest that they're going to end up paying out the nose to the state and seeing the money red ... |
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| Topics: business, California, carbon trading, climate, climate change mitigation, greenhouse-gas emissions, news, politics, regulation, state politics (all these topics) |
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Cap-and-trade and fairness for working families A second opportunity to make climate pricing fair |
Alan Durning |
07 Feb 2008 |
Gristmill |
| Climate policy offers an enormous opportunity not only to undo our fossil-fuel addiction and build a stable energy future, but also to reverse the natural unfairness of climate change itself. I've said it before: energy prices are going up no matter what, with or without climate policy. But smart policy can turn rising costs into broadly shared benefits. It can shield working families, fund a shift to a clean future of new technologies, compact communities, and a tr ... |
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| Topics: carbon trading, greenhouse-gas emissions, climate change mitigation, politics, energy, climate, cap-and-dividend (all these topics) |
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Big Ol' Jet Air Whiner Plan to regulate airline emissions moves forward in E.U. |
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21 Dec 2007 |
News |
| Posted at 4:26 PM on 21 Dec 2007 A proposed law that would regulate emissions from airlines taking off from or landing in the European Union has been approved by environment ministers. The bill to include airlines in the E.U.'s carbon-trading scheme was scaled back from the version passed by the E.U. Parliament last month, aiming to start in 2012 instead of 2011 and making airlines buy only 10 percent of their carbo ... |
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| Topics: air travel, business, carbon trading, climate, climate change mitigation, European Union, greenhouse-gas emissions, legislation, news, politics (all these topics) |
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Keep it simple, stupid! How to structure a cap-and-trade program |
Clark Williams-Derry |
05 Dec 2007 |
Gristmill |
| From an awesomely meaty article on cap-and-trade from The San Francisco Chronicle comes this pearl of wisdom (in bold at the bottom of the quote): [T]he lesson of the acid rain program is to keep the plan simple and easy for all parties to understand. "If it starts to employ a lot of special provisions to take care of every party's special needs ... and if it starts to look like the Chicago phone book, then throw it out," [RFF economist Dallas ... |
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| Topics: business, carbon trading, climate, climate change mitigation, energy, greenhouse-gas emissions (all these topics) |
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CBO vs. ACSA = TKO The Congressional Budget Office savages the Lieberman-Warner approach to climate change pol |
David Roberts |
05 Nov 2007 |
Gristmill |
| America's Climate Security Act, the Senate climate bill offered by Joe Lieberman (I-Conn.) and John Warner (R-Va.), offers enormous giveaways to the nation's biggest polluters, in the form of billions of dollars worth of free pollution permits, which won't be zeroed out until 2036. Last Thursday, while the bill was passing through subcommittee, the non-partisan Congressional Budget Office was testifying to the House Budget Committee on "Approaches to Reducing ... |
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| Topics: carbon tax, carbon trading, climate, climate change mitigation, greenhouse-gas emissions, legislation, politics (all these topics) |
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Risk mismanagement Bjorn Lomborg's new book misunderstands risk and investment |
David Roberts |
23 Aug 2007 |
Gristmill |
| This is a guest essay from Jon A. Anda, President of the Environmental Markets Network, an organization within Environmental Defense focused on legislation to create an efficient carbon market. He was previously a Vice Chairman of Morgan Stanley. ----- Bjorn Lomborg's forthcoming book says to Cool It about global warming. I am anxious to read the detailed rationale when the book is released in September. Based on his interviews about the book, as well as insigh ... |
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| Topics: books, carbon trading, climate, climate change mitigation, greenhouse-gas emissions (all these topics) |
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Repetto argues for upstream cap-and-trade More on carbon trading |
Joseph Romm |
07 Aug 2007 |
Gristmill |
| August is a time to catch up on reading. A good place to start is 'National Climate Policy: Choosing the Right Architecture' [PDF], by Yale's Robert Repetto, one of the country's leading experts on environmental and resource economics. He argues for an upstream cap-and-trade system, and against a safety valve. Other views can be found here, here, and here. This is Repetto's conclusion:It is extremely important that the U.S. adopt a good policy architecture for gr ... |
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| Topics: carbon trading, climate, climate change mitigation, energy, greenhouse-gas emissions, politics (all these topics) |
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Dick, Dick, Dick Just stay out of it, won't you? |
David Roberts |
23 Jul 2007 |
Gristmill |
| In an article about the Bush administration's halting, grudging baby steps toward maybe, somewhat, possibly considering the eensiest-beensiest mandatory restrictions on carbon emissions, perhaps, some day, if it doesn't cost any industry any money, we get this beautiful capper of a final paragraph: A number of big businesses, including some oil, chemical and utility companies, view a cap-and-trade system such as Europe's as inevitable. Opposition to caps -- led by V ... |
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| Topics: carbon trading, climate, climate change mitigation, greenhouse-gas emissions (all these topics) |
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Doing carbon right What good carbon policy should -- but often doesn't -- reward |
Sean Casten |
21 Jun 2007 |
Gristmill |
| Too much of the debate on carbon-control policy starts from flawed assumptions. Take those assumptions away, and one quickly realizes that we have a lot of pretty good options. Let's parse the carbon policy argument, and think for a moment about how to best engender the most economically beneficial carbon reduction policy. First, let's strike any false assumptions from our logic: Let's not assume that it costs money to reduce carbon emissions until proven othe ... |
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| Topics: carbon tax, carbon trading, climate, climate change mitigation, greenhouse-gas emissions (all these topics) |
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Mr. Right, or Mr. Right Now? Getting carbon cap and trade right for renewables |
Adam Browning |
07 Jun 2007 |
Gristmill |
| For the 110th Congress, this is not just a question for Saturday night. One of the reasons why federal carbon cap and trade legislation is so slow in coming -- besides coal state mendacity -- is because it is damn complicated. Of the critical design choices, there is insufficient common understanding of implications, to say nothing of agreement. We will only be successful in fighting global warming via a transition to renewable energy. Carbon capture and sequestr ... |
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| Topics: carbon trading, climate, climate change mitigation, Congress, energy, greenhouse-gas emissions, politics, renewable energy (all these topics) |
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Europe to reform carbon trading system Credits will be auctioned and limits tightened |
David Roberts |
05 Jun 2007 |
Gristmill |
| This is extremely heartening: Europe is moving toward making significant changes to its emissions-trading system that could force large polluters to pay for most, if not all, permits to produce climate-changing gases, European officials said Monday. Although the European carbon-trading arrangement is considered to be among the world's most functional, the countries that administer it acknowledged in a meeting during the weekend in Essen, Germany, that the system ... |
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| Topics: carbon trading, climate, climate change mitigation, European Union, greenhouse-gas emissions (all these topics) |
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'Cap and trade': another notion that's past its use-by date It runs together several distinct things |
Tom Athanasiou |
19 May 2007 |
Gristmill |
| There's been a nice, coherent-if-incipient debate on cap-and-trade on this blog lately, which I've alas been too busy to reply to. But I wanted to throw in just one small thought: it just might be time to ditch the whole notion. It conflates at least three things together, and as they are all quite different, the 'trading debate' as we know it is both confusing and confused.Cap-and-grandfather: A market-based system in which existing polluters are granted the right ... |
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| Topics: carbon trading, climate, climate change mitigation, greenhouse-gas emissions (all these topics) |
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