Tag Archives: carbon emissions

Time to Unleash the Carbon Market?

What’s a ton of carbon (dioxide equivalent) worth? Not much if you ask the world’s carbon markets. The graph below summarizes prices and quantities covered by existing carbon emissions trading programs (green) and carbon taxes (blue).  Nearly all carbon market … Continue reading

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Economists are from Mars, Electric Cars are from Venus

I work at UC Davis, a University with at least two (that I know about) centers devoted to research “aimed at developing a sustainable market for plug-in vehicles.” I run into a lot of researchers and environmental advocates who are … Continue reading

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Why the Pope is Wrong on Markets

On a recent speaking engagement in Germany I ran into Prof. John Schellnhuber, who was on his way to the Vatican to present Pope Francis’ major coming out document on climate change. After I got over feeling oh so cool … Continue reading

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Subsidizing renewables for the damage not done

In this divided age, few topics beyond motherhood, apple pie, and the iPhone 6 enjoy widespread public approval. So it is notable that, in a recent Gallup Poll, two out of three Americans support an increased reliance on solar and … Continue reading

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Air Conditioning and Global Energy Demand

Sales of air conditioners have exploded worldwide over the last few years, driven by middle-income countries where households and businesses are buying air conditioners at startling rates. My colleagues Max and Catherine have written about China, for example, where sales … Continue reading

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Raise the Gas Tax

On January 1st, California’s cap-and-trade program was expanded to include gasoline and diesel.  Allowance prices are currently $12.58/ton (link), so this increases gasoline prices by $0.10 per gallon and increases diesel prices by about $0.13 per gallon (Severin’s post goes through … Continue reading

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Clinton (well Gore) went to Kyoto. Obama went to Beijing.

Many of us carbon nerds remember President Clinton’s 1997 remarks announcing that an agreement had been reached at the climate negotiations in Kyoto, Japan. The speech was full of hope and happy economic words like “tools of the free market,” … Continue reading

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Will coal exports abroad offset hard-won carbon reductions at home?

When President Barack Obama took office in 2009, he set a goal of cutting U.S. greenhouse gas emissions by 17 percent of 2005 levels by 2020.  The graph below shows that we appear to be making progress towards meeting this … Continue reading

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