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Tag: carbon
Lawmakers Release Carbon Emissions Tax Plan
2013-03-13 09:00:00| Climate Ark Climate Change & Global Warming Newsfeed
New York Times: Almost exactly four years after unveiling his doomed cap-and-trade proposal to deal with global warming, Representative Henry Waxman, Democrat of California, released a new plan on Tuesday to address climate change and federal budget woes: a tax on carbon emissions. Mr. Waxman, joined by Representative Earl Blumenauer, Democrat of Oregon, and Senators Sheldon Whitehouse of Rhode Island and Brian Schatz of Hawaii, both Democrats, distributed a relatively simple proposal to impose a fee on greenhouse...
What is the underlying value of EU carbon?
2013-03-13 08:59:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: The uncertainty over prospects for the European Union emissions trading scheme is so great that it justifies current low carbon permit prices - which may even be a little high by one method of estimating underlying value. The scheme faces a range of possible outcomes in this decade. These range from a cancellation of up to 1,900 million or so surplus EU allowances (EUAs) following on from reforms now being planned and which would greatly boost confidence, to total scrapping of the market, which...
Tags: value
underlying
carbon
Carbon Capture Vital for EU as Fossil Fuels to Stay, Draft Shows
2013-03-13 08:59:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: The European Union will seek to promote the deployment of technology to capture carbon dioxide to attain its climate goals as fossil fuels are to remain a part of the blocs energy mix, according to a draft EU document. The price of carbon is too low to stimulate investment in carbon capture and storage, or CCS, and existing policy tools have so far failed to encourage the development of large-scale demonstration projects, according to the draft prepared by the European Commission, the EUs regulatory...
Tags: shows
stay
capture
draft
Carbon tax: A win-win for the economy and the environment
2013-03-12 16:10:00| Climate Ark Climate Change & Global Warming Newsfeed
Christian Science Monitor: Looking for a way to improve the operation of the economy, lower our dependence on foreign oil, reduce pollution, slow global warming, cut government spending, and decrease the long-term budget deficit? Then you should support a carbon tax, which could help the nation address all these issues simultaneously. A new paper Ive written with Samuel Brown and Fernando Saltiel, Carbon Taxes as Part of the Fiscal Solution, argues the tax would even be a good idea if we didnt have a budget problem. Although...
Tags: the
environment
tax
economy
Japan May Revive Carbon Trading Discussion After Election
2013-03-11 12:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: The Japanese government may revive discussions about a carbon market that would reduce pollution levels after elections for the Upper House of parliament due in July, a government adviser said. Takashi Hongo, a senior fellow at Mitsui Global Strategic Studies Institute and a delegate for Japan at United Nations climate talks, said ministers are likely to consider building a market for carbon dioxide emissions credits later this year. The market would cap emissions from utilities and industry...
Tags: japan
discussion
trading
election
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