Region: National
Market Manipulation in the Renewable Fuel Market Does Not Mean Market Manipulation in California’s Cap-and-Trade Program
It remains to be seen whether EPA will respond to the Times article by regulating the renewable fuel market in a way that virtually all other environmental trading markets do.
The New York Times article yesterday about Wall Street firms exploiting the market for renewable fuel credits and driving up prices could leave some observers worrying about the integrity of California’s market for carbon allowances under its cap-and-trade program. It shouldn’t. Here’s why.
CONTINUE READINGEnergy and Environment in the Wisconsin Senate Race
The Wisconsin Senate race pits Tammy Baldwin (D) against Tommy Thompson (R) — Tammy versus Tommy, as the newspapers are fond of saying. In the environmental area, the two are as different as day and night. Baldwin champions environmental protection, while Thompson is in love with fossil fuels.
CONTINUE READINGAudacious Energy Policy
In his inaugural address, this morning, it took President Obama a mere 228 words to mention the word “energy”. This is instructive when compared to George W. Bush’s second inaugural address in which he waited until – well, um…, he never used the word “energy”. But, to be fair, neither did Jimmy Carter, who took …
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