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 … Continue Reading Time to Unleash the Carbon Market?
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?
It’s tax season and this makes many Americans pretty grumpy. According to a recent poll/parody, 27% of those surveyed indicate they would rather get an IRS tattoo than pay their … Continue Reading Canada’s Got a Good Thing Going
I am currently sitting in my yard enjoying the post El Nino 75 degree weather, while typing away on my locally made (…well invented at least) MacBook which was charged … Continue Reading No More Berning of Fossil Fuels
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 … Continue Reading Subsidizing renewables for the damage not done
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 … Continue Reading Raise the Gas Tax