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Carbon tax v cap-and-trade: which is better?

2013-01-31 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Economists argue that, if the market is left to operate freely, greenhouse gas emissions will be excessive, since there is insufficient incentive for firms and households to reduce emissions. As such, they recommend applying the polluter pays principle and placing a price on carbon dioxide and other greenhouse gases. This can be implemented either through a carbon tax (known as a price instrument) or a cap-and-trade scheme (a so-called quantity instrument). A carbon tax imposes a tax on each unit...

Tags: which tax carbon carbon tax

 

Experts outline how REDD+ credits could fit into California's cap-and-trade program

2013-01-27 07:13:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: Carbon credits generated by forest conservation activities in tropical countries could play a role in California's cap-and-trade program, helping mitigate climate change and providing benefits to local communities, said a panel of experts on Friday. The panel, known as the REDD+ Offset Working Group, issued a set of draft recommendations on how the states of Acre in Brazil and Chiapas in Mexico could link efforts to reduce deforestation with the State of Californias new cap-and-trade system....

Tags: program fit credits experts

 
 

Beyond baby steps: Analyzing the cap-and-trade flop

2013-01-14 20:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: Watching the collapse of the effort to create a cap-and-trade plan for carbon emissions in 2009-10 was profoundly depressing. Reading Theda Skocpols insightful history [PDF] isn`t much more fun - but its certainly useful, in a Santayana kind of way. Since this is a mistake we cant afford to repeat (the planet is running out of spare presidential terms and congressional sessions), Skocpol performs a real service by helping figure out what went wrong. The first thing to be said, I think, is that...

Tags: baby steps analyzing flop

 

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