It all comes down to a price for carbon
Category: Cap and Trade
Anyone who thinks that business as usual is still an option isn't playing with a full deck.
Posted by James Hrynyshyn at 7:29 AM • 3 Comments • 0 TrackBacks
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June 30, 2009
June 29, 2009
Leapfrogging to a cleaner energy future
The growth opportunities of developing countries rely strongly on the availability of cheap energy. Today, cheap energy is often generated by burning coal or other fossil fuels. Hence, economic growth and energy consumption are tightly coupled with the rise of...
Posted by Jonas Meckling at 8:54 AM • 1 Comments • 0 TrackBacks
June 18, 2009
CCS is in the same league as fusion power
Category: Politics or technology?
Given the glacial pace at which CCS technology is improving, by the time it's ready we'll either have already stopped burning fossil fuels or it will be too late to do anything about the consequences to the climate of doing so.
Posted by James Hrynyshyn at 10:00 AM • 10 Comments • 0 TrackBacks
Burying carbon?
Oil, gas and coal are likely to remain key energy sources for decades. For instance, electricity generation in the US continues to rely heavily on coal for reasons of domestic availability and cost. Given its large coal reserves, the US...
Posted by Jonas Meckling at 4:55 AM • 5 Comments • 0 TrackBacks
June 9, 2009
Let's bury the "silver bullet" metaphor
The American public is understandably skeptical of any plan that hints at socialism, especially after years of budget cuts that make it impossible for government programs to fulfill their own mandates.
Posted by James Hrynyshyn at 7:32 AM • 11 Comments • 0 TrackBacks
June 7, 2009
Is pricing carbon enough?
Cap-and-trade schemes or carbon taxes establish a price on greenhouse gas emissions. In theory, such a price would drive investment toward low-carbon technologies. Yet, in reality, as Grant and James have argued, cap-and-trade schemes could potentially fall short of sending...
Posted by Jonas Meckling at 1:00 PM • 6 Comments • 0 TrackBacks
June 3, 2009
Betting on ACES
Category: Cap and Trade
Is a cap and trade scheme a good way to create incentives for a low carbon-future? What would an effective cap-and-trade strategy look like? At first glance, the new energy legislation introduced in the "American Clean Energy and Security Act of 2009" (ACES, summarized here) appears to have a pretty good shot at motivating some real and effective results. The bill is a comprehensive and ambitious outline of a potential strategy.
Posted by Grant Kristofek at 12:03 PM • 2 Comments • 0 TrackBacks
June 2, 2009
The cap and trade shell game
What we have under Waxman-Markey is a schedule that purports to get us to an 83% reduction in GHG emissions by 2050 (relative to 1990 levels) through cap and trade, but only because a third of more of the cuts come from keeping forests growing and other offset schemes that are near impossible to guarantee.
Posted by James Hrynyshyn at 7:39 AM • 2 Comments • 0 TrackBacks
