Four months is a long time in climate politics. Back in October 2009, the momentum toward a global carbon regime seemed ineluctable. President Obama held a super-majority in the US Senate, China appeared amenable to a deal, high-profile companies were defecting from the US Chamber of Commerce over its opposition to climate action, and a [...]
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 has [...]
Guest Contribution by David L. O’Connor, Senior Vice President for Energy and Clean Technology, ML Strategies. Reprinted by permission from original article.
In the emerging carbon economy‚ projects that reduce‚ eliminate‚ or sequester carbon emissions will have enormous value. An examination of climate change legislation recently passed by the U.S. House of Representatives1 indicates how important [...]
This is a guest contribution by Dr. Matthew Paterson, School for Political Science, University of Ottawa, Ontario. He is also co-editor, of the journal Global Environmental Politics.
David Levy raises many questions in his post Carbon Markets to Serve the Planet, on Krugman’s defence defence of cap-and-trade. I want to pick up on two [...]
by David L. Levy
Paul Krugman rushed to defend cap-and-trade in his New York Times blog this week against the accusation by Senator Byron Dorgan in the Bismarck Tribune that speculation could make the carbon price as volatile as oil prices have been in recent months. Joe Romm weighed in to support Krugman on his blog, [...]
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