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Tag Archives: cap and trade
Energy Cooperatives Oppose Obama
The National Rural Electric Cooperative Association (NRECA) is opposed to the President’s Cap-And-Trade auction plan. Their position statement: Cooperatives Oppose Full Auction of Allowances Under Carbon Cap-and-Trade Under a “Cap and Trade” approach to reducing greenhouse gases, Congress must decide how to distribute emissions allowances. Congress can choose to freely allocate allowances to the regulated [...]
Posted in Uncategorized Also tagged carbon credits, climate change, economics, global warming, government, greenhouse gases 1 Comment
Proposed Budget Includes Cap And Trade
The new budget proposed by the President includes a new cap-and-trade program for greenhouse gas emissions. Revenues from a national cap-and-trade system for greenhouse gas emissions would come from auctions of emissions permits. The program will generate $650 billion between 2012 and 2019. The President said, “Because our future depends on our ability to break [...]
‘Technology is the Key’ to Coping with Global Warming and Growth
by the World Bank May 21, 2008—Can all developing countries grow as fast as the fastest growing economies without causing global greenhouse gases to spiral out of control? The answer is no, unless technology and new techniques are used to “radically” reduce the amount of energy needed to produce goods, as well as cut CO2 [...]
United States Pushes For Cap-And-Trade
President Obama spoke up about America moving toward a cap-and-trade market. “Implement an economy-wide cap-and-trade program to reduce greenhouse gas emissions 80 percent by 2050.” Duke Energy Corp. and BlackRock Inc. backed the President’s push for a market-based cap on greenhouse gas emissions. The Edison Electric Institute also supports the President’s plan. Recently, Edison reported [...]
The Oil Industry On Cap And Trade
by Widgette.com Cap and trade is a government and business plan to help reduce human induced climate change. Under such a plan, polluters are taxed if they go over the cap. Companies that pollute under the cap are given credits that they can trade in the commodities markets. The system has been in place in [...]
Washington State to “Cap and Trade” Pollution?
The state of Washington has introduced House Bill 1819. The Bill intends to reduce greenhouse gas emissions through a cap and trade program. However, the original Bill has had some of the gas let out of it. The cap on pollution is still in the Bill, but the trade part of the Bill has been [...]
American Clean Energy and Security Act of 2009