Month: July 2010
Economists against Prop 23
As Ann has reported, California’s global warming law, AB 32, is under attack. Proposition 23 on the November ballot would suspend AB 32 until unemployment in the state falls below 5.5% for four consecutive quarters (currently, unemployment in California is over 12%). Opponents of environmental regulation often argue that too much regulation kills jobs and …
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CONTINUE READINGTen Lessons from the Financial Reform Bill
It is easier for a camel to pass through the eye of a needle than for a bill to get cloture in the Senate. Nevertheless, when something is important enough, the Senate can overcome its paralysis and pass legislation. BUT the legislation will be greatly weakened in the process. Bismarck didn’t go far enough when …
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CONTINUE READINGClimate stabilization targets
Everything about climate policy seems to be difficult, but one of the big challenges has been choosing goals. Many of the targets to date, including California’s AB 32 mandate to return to 1990 greenhouse gas emission levels by 2020, have been based more on what seems feasible than on what seems necessary. NASA’s James Hansen …
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CONTINUE READINGGOP Will Filibuster the PACE Bill, Unless…
A prediction: the Republicans will filibuster Mike Thompson’s bill concerning PACE once it gets to the Senate. At this point, the Republicans (led by Senator Mitch McConnell, pictured right) are simply uninterested in principles or policy. That’s particular true in the shadow of the upcoming midterms: stopping the bill will simply be another way to …
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CONTINUE READINGCongress to Intervene in the PACE Saga?
California Attorney General Jerry Brown’s lawsuit against the Federal Housing Finance Agency (FHFA) for its stance on the Property Assessed Clean Energy (PACE) program may be moot if Congress can act to force FHFA to back down. Congressman Mike Thompson (D-CA) has now introduced legislation in the House of Representatives that would bar FHFA and …
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CONTINUE READINGA new environmental law prof blog
Jason Czarnezki, who teaches environmental and natural resources law at Vermont Law School, has a new blog, Czarnezki.com: Life, Law, and the Environment. Jason often has interesting things to say about the relationship of everyday life to environmentalism and environmental law. His blog is sure to be worth checking out.
CONTINUE READINGHeat Waves? Get Used to Them.
Last week the east coast sweltered. Berlin reached 99 degrees and China experienced a heat wave through much of the country. This week it’s our turn in Southern California as temperatures reach triple digits. As I argued last week, when asked if these heat waves are related to climate change, the answer should be yes. …
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CONTINUE READINGIndia Puts US Climate Policy to Shame
While US policymakers — particularly Republicans and those in coal states — are busy complaining about developing countries not capping their carbon emissions, New Delhi is busy actually doing something about climate change. Two weeks ago, India instituted a tax on coal, instituting a form of carbon tax that talented advocates (such as the good …
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CONTINUE READINGUtilities-Only Carbon Cap
The proposed utilities-only cap-and-trade system could be a step in the right direction, although it’s far from ideal.
CONTINUE READINGBreaking News: Jerry Brown Sues FHFA and Fannie & Freddie over PACE
As I suspected, we’ve got a lawsuit over the Federal Housing Finance Administration (FHFA) and Fannie Mae and Freddie Mac’s position on Property Assessed Clean Energy (PACE). (Background on PACE and the controversy here.) California Attorney General Jerry Brown announced today that his agency is suing these entities in federal court over their unwillingness to …
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