carbon

The Wall Street Journal has a piece today called “Cash for Clunkers: An Expensive Environmental Fix,” which argues that despite its bigger-than-expected environmental benefits, the soon-to-be-renewed vehicle upgrade program is a costly way to cut carbon emissions. The author writes that the effective price per ton of carbon emissions reduced is between $160 and $475 [...]

Following through on earlier promises, the Environmental Protection Agency today approved a request by the state of California to fight global warming by reining in auto emissions. Because 13 other states and the District of Columbia have jumped on California’s waiver proposal, the move effectively creates a new national emissions standard that will force the [...]

Is this really the talking point Republicans want to use in their fight against climate change legislation? At a congressional hearing last week, Rep. John Shimkus (R-Ill.) argued that we could afford to keep increasing the levels of greenhouse gases in our atmosphere, since dinosaurs got by just fine in a carbon-rich environment.
“Today we have [...]

An editorial in today’s Wall Street Journal attacks President Obama’s cap-and-trade plan to curb carbon emissions as a “regressive” policy:
Hit hardest would be the “95% of working families” Mr. Obama keeps mentioning, usually omitting that his no-new-taxes pledge comes with the caveat “unless you use energy.” Putting a price on carbon is regressive by definition [...]