Tag Archives: carbon

EPA and climate regulation: Mind the gaps

Last week, following years of anticipation, the shoe finally dropped on EPA carbon regulations. Two or three things are notable in this. First, we’re on the road to a national climate policy!   Second, EPA is going out of its way to … Continue reading

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Unlocking Cost Savings with Cap-and-Trade

Much was made last week about the flexibility of the EPA’s proposed new power plant regulations. According to EPA administrator Gina McCarthy, it “gives states the flexibility to chart their own customized path. There is no one-size-fits-all solution. Each state … Continue reading

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In Defense of Picking Winners

Virtually all economists working on climate change agree that we should price GHG emissions.  Doing so creates an incentive to reduce emissions without the government directing specific technology adoptions or activity changes, that is, without “picking winners.” Nearly as many … Continue reading

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Natural gas: Not all it’s fracked up to be?

Natural gas is being touted as a “game changer” and a “bridge to a low carbon economy.” It is an abundant, made-in-America energy source.  It is about half as carbon intensive as coal when burned. The figure below suggests that … Continue reading

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Leaking Pet Coke

Blogging is much harder when all government websites I rely on for my morning entertainment are shut down. This past week, mostly due to a few inquiries from reporters, I have learned a lot about Petroleum Coke. For those of … Continue reading

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Much ado about nothing?

“Cutting carbon pollution from power plants” is the first item on President Obama’s 2013 Climate Action Plan.  The first milestone in this effort involves setting carbon dioxide emissions standards for new power plants. Last week, EPA administrator Gina McCarthy met … Continue reading

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400 ppm and the rising cost of climate change

Last week brought some sobering news from the Mauna Loa Observatory where the Keeling family has been dutifully recording atmospheric concentrations of carbon dioxide since 1958. On May 9, measured concentrations surpassed 400 parts per million (ppm). [1] Of course, … Continue reading

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Carbon vs. Energy Intensity

Modeling the future emissions of global carbon is big business (albeit on an academic scale). There are dozens of groups with their more or less black box models, which if fed scenarios for e.g. income, population and technological change, will … Continue reading

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Tipping Points and the Social Cost of Carbon

Economists talk about something called the “social cost of carbon.” Here’s the basic idea: You may pay for the gas you put in your car, but when you burn it, you emit carbon dioxide, which imposes costs on the rest … Continue reading

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