While many Californians are spending August burning fossil fuels to travel to vacation destinations, the state legislature is negotiating with Gov. Brown over whether and how to extend the California’s … Continue Reading Fixing a major flaw in cap-and-trade
The theme of the week is “We’re stronger together“. This rallying cry applies in lots of places.. including climate change mitigation! So this week’s blog looks at how this theme … Continue Reading The Promise and Perils of Linking Carbon Markets
These are strange times for competitive power markets in the United States. Baseload power plants, many of them nuclear, are reportedly struggling to stay out of the red. About 10 … Continue Reading Is US Climate Policy Killing Nuclear Power?
I sat next to a distinguished climate scientist at a recent dinner, who told me point blank that “carbon markets have failed, which means one should give up on market … Continue Reading Giving Up on Carbon Markets in Favor of a Giant Vacuum in the Sky?
Debates over carbon pricing policies tend to focus on the costs imposed on firms and households. When a carbon tax or cap and trade program is introduced, firms see energy-related … Continue Reading The multibillion dollar question: How to spend carbon revenues?
Many of us have argued that a patchwork of national or subnational climate policies is a largely pointless undertaking unless the big two (United States and China) are part of … Continue Reading The Big Stick: Cap and Trade in the Peoples Republic of Carbon
A few weeks ago, Jim blogged about the concerns that cap-and-trade will drive up gas prices in California. In late June, those concerns resulted in a letter from Assemblymember Perea … Continue Reading Californians Can Handle the Truth About Gas Prices