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Category: Carbon_Pricing_MN

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Is 24/7 carbon-free energy the right goal?

By David Roberts

Last week, I wrote an introduction to the hot new trend in energy: 24/7 carbon-free energy (CFE), i.e., matching a company or city’s power consumption with production of clean electricity throughout the day, every hour of every day. If you haven’t read it yet, you’ll want to check it out before reading this post.

11/19/21
                                                               

If the world loves forests, it should put a price on their carbon

THE WORLD’S leaders may quail at extinguishing coal-fired plants or raising petrol prices, but they can be relied upon to embrace one ally in the fight against climate change: the tree. For all his claims that climate change was a hoax, even Donald Trump, as president, championed an initiative to plant a trillion trees.

11/06/21
                                                               

President Biden’s Silk Purse: Young People Will Sit in Judgment

By James E. Hansen Photo: Earth Institute at Columbia University

My talk described the danger of climate change and the fundamental actions needed to avert that danger. The existential threat is the potential to initiate unstoppable sea level rise to a level that causes loss of coastal cities, combined with global warming that makes low latitudes unlivable. The basic ingredients of a solution are (1) a steadily rising global carbon fee, and (2) modern ultra-safe nuclear power at a price comparable to that of fossil fuels.

10/26/21
                                                               

Opinion: Why the U.S. refusal to tax carbon creates a windfall for Saudi Arabia and Russia

By the Editorial Board Photo: Maxim Shemetov/Reuters

There are two big risks in the world’s impending transition to a low-carbon energy future. The first, of course, is that it may fail to achieve sufficient emissions reductions to prevent a climate debacle. The second is that it unintentionally enriches and empowers the world’s autocratic regimes. Saving the planet must be thought of strategically, in the context of the Biden administration’s goal of demonstrating that democracy is the wave of the future.

10/16/21
                                                               

Why the US should establish a carbon price either through reconciliation or other legislation

By Sanjay Patnaik and Kelly Kennedy

From the start of his term, President Biden has indicated that he wishes to pursue an ambitious climate agenda. On his first day in office, he recommitted the U.S. to the Paris Climate Agreement and ordered agencies to review a slew of climate-related (de-)regulations enacted by the Trump administration. One week later, he signed the Executive Order on Tackling the Climate Crisis, which outlined a “whole-of-government” approach to mitigating and responding to climate change. And in April, he announced a new target for U.S. emissions reductions: to halve emissions from 2005 levels by 2030.

10/07/21
                                                               

Carbon tax fight brews among Democrats

By Nick Sobczyk, Geof Koss, Emma Dumain Photo: Francis Chung/E&E News

Carbon pricing is back in the climate change conversation, but House and Senate Democrats are at odds about the policy as reconciliation talks reach a breaking point. Senate Finance Chair Ron Wyden (D-Ore.) is pushing for what effectively amounts to a carbon fee and dividend system that top Senate Democrats see as one of the most important climate policies under discussion for reconciliation. But the House is less enthusiastic. Having already marked up their vision for a $3.5 trillion spending package, House Democrats say Wyden needs to show them a concrete proposal before they can take the carbon pricing talk seriously.

09/29/21
                                                               

Doubts shroud climate program

By Evan Halper Photo: Carolyn Cole , Los Angeles Times

As fire ripped through the Mendocino County hills the summer of 2018, burning a vast expanse of forest and turning buildings to ash, a curious thing was happening at Eddie Ranch, a sprawling property scorched by the flames.

09/20/21
                                                               

OECD boss: Carbon pricing should come through us

By Bjarke Smith-Meyer Photo: Clemens Bilan , Getty Images

Efforts to price carbon should be elevated to the international level, the head of the Organization for Economic Cooperation and Development told EU finance ministers Saturday.

09/11/21
                                                               
WSJ

Energy Traders See Big Money in Carbon-Emissions Markets

By Sarah Mcfarlane

Big energy trading houses, long focused on deep, volatile markets such as oil and natural gas, are now bulking up their carbon-trading operations as governments around the world push to expand the market for trading carbon emissions.

 

09/01/21
                                                               

Carbon Tax, Beloved Policy to Fix Climate Change, Is Dead at 47

By Robinson Meyer Photo: Jeff Swensen/Getty

The American carbon tax, an alluringly simple policy once hailed by environmentalists, scholars, and politicians as a cure-all for climate change that, for all its elegance in economic models, could not overcome its enduring unpopularity with the American public, died last month at its home in Washington, D.C. It was 47.

07/21/21