Carbon Price


Virginia Coastal Protection Act: New UCS Analysis Highlights Opportunity for Carbon Revenue

, senior energy analyst

Update (February 8, 2016): The analysis has been updated using the most up-to-date Renewable Energy Deployment System (ReEDS) model from the National Renewable Energy Laboratory. Learn more.


 

Virginia’s General Assembly has just started a whirlwind two-month session, and will be considering significant legislation that would help the state raise revenues from a carbon trading program, to be used for investments in coastal resilience, energy efficiency, renewable energy, and economic development. Today UCS released an analysis that finds that Virginia could generate an average of $251 million annually by participating in a similar carbon trading program. Read more >

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How to Sound like an Expert on the Paris Climate Agreement

, senior climate scientist

The agreement is multifaceted and written in dense legal language, so it’s difficult to get a sense of what it—and the negotiations—are all about. Here are some answers to a few basic questions to satisfy your curiosity and help you sound like a climate agreement expert. Read more >

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ACCCE, NERA, and Another Misleading Study about the Clean Power Plan

, senior energy analyst, Clean Energy

The American Coalition for Clean Coal Electricity (ACCCE) has funded yet another flawed analysis by NERA Economic Consulting to try to shore up the faltering campaign against the Environmental Protection Agency’s Clean Power Plan. This new study is no improvement on the previous one, and actually goes backward in terms of how straight-forward they are about the study’s inputs and assumptions. Read more >

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Four Challenges for China’s Cap and Trade Program

, president

When Congress failed to pass national climate legislation in 2010, many said that marked the end of so-called “cap and trade” programs, —in which government sets an overall limit on pollution and issues pollution “allowances” that individual companies can use or trade with others. The naysayers couldn’t be more wrong, as demonstrated by the recent announcement that China will start a national cap and trade program in 2017 as a primary tool to lower its emissions of the heat trapping gases that cause global warming. Read more >

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If China Can Do It, Why Not Us? Carbon Pricing and Cooperation on Climate Change

, lead economist and climate policy manager

Last Thursday night news broke of the impending announcement of a national cap-and-trade program for carbon in China, as part of a U.S.-China joint climate announcement. This market-based approach, pioneered in the U.S. with the sulfur dioxide trading program, has clearly come to be seen as an essential policy tool to combat climate change, increasingly embraced by countries, policymakers, and global business leaders of all political persuasions. Read more >

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