cap and trade

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Obama's Energy Policy Needs a Tuneup
Obama's Energy Policy Needs
a Tuneup
OPINION

Obama's Energy Policy Needs a Tuneup

To garner support, simplify plan and focus message: Friedman

(Newser) - Proponents of cap-and-trade, the climate policy Democrats are currently championing, argue that it “'hides the ball'—it doesn’t use the word 'tax'—even though it amounts to one," writes Thomas Friedman in the New York Times. There’s just one problem: “Opponents are not playing hide...

House Unveils Clean Energy Plan

Democrats' plan aims for a painless shift toward a clean energy economy

(Newser) - House Democrats released a draft bill yesterday that aims to fast-track a shift to clean energy, reports the Christian Science Monitor. The plan calls for vastly improved energy efficiency, accelerated development of clean energy sources, and a 20% reduction of greenhouse gas emissions. The draft was hailed by supporters as...

EPA Warns of Global Warming, Spurs New Policy

(Newser) - The Environmental Protection Agency sent the White House a message today that greenhouse gases like carbon dioxide are detrimental to human health, Reuters reports. The "endangerment finding" may open the door for Washington to curb emissions that cause global warming. "I think it's historic news," one...

Obama Budget Taxes Wealthy to Expand Health Care

Projects deficit will soar to $1.75T

(Newser) - President Obama's budget plan, which he delivers to Congress today, attempts to balance a broad spending program with a commitment to slash the deficit in half by the end of his first term. It calls for tax increases on the wealthy and spending cuts to fund a "down payment"...

Clinton to China: Don't Be Like Us on Environment

(Newser) - Hillary Clinton emphasized the environment today in China as she wrapped up a weeklong visit to Asia, the New York Times reports. “When we were industrializing and growing, we didn’t know any better,” Clinton said, praising recent advances in green energy and asking for more. “We...

Nader: Obama Should Pitch a Worldwide Carbon Tax

Because China won't agree to a cap-and-trade

(Newser) - The cap-and-trade system Barack Obama favors to deal with climate change won’t work, Ralph Nader and Toby Heaps write in the Wall Street Journal, and it’ll lead to “trade anarchy.” Any unilateral action we take must be global; otherwise, companies will simply relocate, taking jobs and...

Rivals' Meeting Today Could Benefit Both Men

Obama and McCain to get together in Chicago to talk cooperation

(Newser) - Meeting today in Chicago to bury the hatchet, Barack Obama and John McCain could each be of considerable use to the other, the Wall Street Journal notes. Working together, McCain could get his maverick groove back, and Obama could get help on these key areas:
  • Auto efficiency: McCain has worked
...

Palin: Chronicle Suppressed Obama Coal Interview

Paper: It's been online since January

(Newser) - Sarah Palin apparently believes the San Francisco Chronicle suppressed a January interview with Barack Obama, in which he threatens to bankrupt the coal industry. “You gotta listen to the tape,” Palin told an Ohio crowd yesterday. “Why is this audio tape just now surfacing? This interview was...

Hefty Carbon Tax Raised Norway's Emissions
Hefty Carbon Tax Raised Norway's Emissions
ANALYSIS

Hefty Carbon Tax Raised Norway's Emissions

Greenhouse gases up 15% despite system aimed to curb them

(Newser) - In 1991, Norway enacted a punishing carbon tax, but things haven’t turned out quite as expected, the Wall Street Journal reports. Greenhouse-gas emissions have actually risen 15%, and industries deemed vital to the nation’s economy or image were spared the tax or given sweet deals. Though the oil...

With Economy Uncertain, So Is Obama's Plan
With Economy Uncertain, So Is Obama's Plan
ANALYSIS

With Economy Uncertain, So Is Obama's Plan

Presidential hopeful's top priorities would cost hundreds of billions

(Newser) - Presumptive Democratic presidential nominee Barack Obama promises change, but if he’s elected in the current uncertain economy, those changes may come later rather than sooner, the Wall Street Journal reports. Obama’s big economic priorities–government-sponsored health care for millions, greenhouse-gas reductions, and tax increases—leave the government with...

To Fix US Energy Policy, Start Over
To Fix US Energy Policy, Start Over
OPINION

To Fix US Energy Policy, Start Over

Activist argues for multipronged strategy on climate change

(Newser) - The US must overhaul its environmental strategy, alternative-energy advocate Denis Hayes writes in Yale Environment 360, and here's how:
  • Cap carbon at its source—coal mines, oil fields, pipelines—not where it leaves the atmosphere.
  • Promote renewable energy and buy photovoltaic devices in bulk to drive prices down.

NYT Columnist Pied at Brown
 NYT Columnist Pied at Brown 

NYT Columnist Pied at Brown

Activists take issue with Friedman's corporate environmental solutions

(Newser) - Two environmental activists threw cream pies at New York Times columnist Thomas Friedman at an Earth Day speech Tuesday at Brown University, the AP reports. Friedman’s speech was about the corporate world's ability to help the environment with schemes such as cap-and-trade for carbon emissions. One of the pie-chuckers,...

Bush Plan Cuts Growth of Greenhouse Gases by 2025

President outlines broad plan to shape debate in Congress

(Newser) - President Bush set 2025 as the target date by which the US should stop the growth of greenhouse emissions from coal power plants, the AP reports. The goal is for those plant emissions to peak in 10 to 15 years, then begin declining. Bush called for legislation to introduce incentives...

Going Greener Won't Cut Much* Into Bottom Line: Study

*If governments are smart with policies

(Newser) - Cutting greenhouse-gas emissions will put a dent in the world's bottom line, but the damage could be minimal with the right economic policies, the International Monetary Fund forecasts. A 60% reduction of 2002 emission levels will reduce global growth by 2.6% come 2040, but the world's economy would still...

Which Hopeful Is Greenest?
Which Hopeful Is Greenest?
OPINION

Which Hopeful Is Greenest?

Policy ace Clinton and 'visionary' Obama are both good, Slate says

(Newser) - Primary voters who lean green can go with "visionary" Barack Obama or policy whiz Hillary Clinton, writes Brendan I. Koerner in Slate—both are good. Each offers a cap-and-trade system to cut carbon to 80% below 1990 levels by 2050, and both want to make 25% of energy renewable...

Bush Warms to Global Warming
Bush Warms to Global Warming

Bush Warms to Global Warming

The president looks to lead on climate change, in his own way

(Newser) - Aiming to polish his legacy, President Bush is mulling new climate policy that may include mandatory emissions caps, the Washington Post reports. The Post tracks his evolution from climate skeptic to advocate of higher fuel efficiency and a $37 billion investment in alternative fuels—although critics remain dubious of a...

UK to Cut Greenhouse Gases
UK to Cut Greenhouse Gases

UK to Cut Greenhouse Gases

Britain pledges to reduce emissions 60 percent by 2050

(Newser) - Britain has pledged to reduce its greenhouse gas emissions by 60 percent over the next four decades, the BBC reports. Under the Climate Change Bill, the government will create an independent commission to help it meet five-year "carbon budgets." The government says the plan gives Britain the first...

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