Second California cap-and-trade auction sells almost $225 million worth of allowances
Results are in from California's second cap-and-trade auction. California Air Resources Board (CARB) offered 12.9 million 2013-vintage allowances along with 9.56 million 2016-vintage allowances. CARB sold all of the 2013 vintage at $13.62 per allowance and almost half (4.44 million) of the 2016 vintage at $10.71 per allowance. In total, that amounts to a bit more than $223 million. For two auctions in a row, California sold all available current-year vintage allowance...
CONTINUE READINGIgnorance as Political Bliss: The Republican War on Social Science
Several recent posts on this blog have been about the political process, discussing issues like political polarization, congressional deadlock, and special interest groups. The discipline of political science is in large part the study of how collective decisions get made. It would seem to be in everyone's interest to have a better understanding of collective decision-making. But sadly, having already written off the theory of evolution and climate science, Republi...
CONTINUE READINGThe Ever-Growing Crisis Over the Nation’s Nuclear Waste Non-Solution
The Associated Press reports that six underground storage tanks at the Hanford Nuclear Reservation in Washington State are leaking a witches' brew of high-level nuclear wastes into the soil that threatens regional groundwater supplies. This news highlights a crisis of national proportions that has for too long gone unaddressed. Hanford is the most contaminated nuclear site in the nation. Built during World War II, the federally owned and operated facility produced the p...
CONTINUE READINGCasting a Shadow on the Future of Shale Gas
Current projections for shale oil and gas are huge. But are they realistic? An article in the February 21 issue of Nature suggests that these projections may be too optimistic: Wells decline rapidly within a few years. Those in the top five US plays typically produced 80–95% less gas after three years. In my view, the industry practice of fitting hyperbolic curves to data on declining productivity, and inferring lifetimes of 40 years or more, is too optimistic. Exis...
CONTINUE READINGRubio Resigns: Was CEQA “Reform” Just About Fracking?
With the news that CEQA "reform" champion and State Senator Michael Rubio resigned today to lobby for Chevron, I have to wonder if his push for CEQA reform was really just to benefit oil and gas fracking. Sure, CEQA reform proponents liked to trumpet how a weakening of the law will help businesses and infill development and the like, but the reality was that the standards-based reform effort that Rubio and others advocated would primarily have benefited large sprawl pr...
CONTINUE READINGThink Tanks on the Auction Block
I've previously expressed some skeptical views about the so-called think tanks that play such a significant role in Beltrway policy debates. (See this post) The New Republic has an interesting story about the increasing dependence of think tanks on big money Here is the crux: Nowadays if donors don’t like the results they get, they are increasingly inclined to move their money to more compliant think tanks, or to more expressly political operations. “Think tanks ar...
CONTINUE READINGGina McCarthy, climate policy, and states
Blogs and news outlets are widely reporting today that President Obama is very close to nominating Gina McCarthy to be the new EPA administrator, replacing Lisa Jackson (WaPo post here). Since 2009, McCarthy has been the head of EPA's division handling air pollution, a division that's taken tremendous fire in recent years for issuing rules to limit climate emissions under the Clean Air Act. She knows the politics and pitfalls of making federal climate policy lik...
CONTINUE READINGThe future of climate politics (Pt. 2)
In my last post, I noted a recent report that called for a new political path for environmentalists and others seeking to enact carbon policy in the United States, one that focused on developing policy proposals that would help mobilize a grassroots movement to support limits on greenhouse gases. My question was, is there anything that we could do to help make the political landscape friendlier to such a grassroots movement, and therefore lower the bar to enacting legi...
CONTINUE READINGEnvironmentalists Sue Over New Lake Tahoe Plan: Is the Perfect the Enemy of the Good?
The Sierra Club and a local neighborhood group recently sued the bistate Tahoe Regional Planning Agency, challenging TRPA's just-adopted Regional Plan for the Lake Tahoe Basin. That development strikes me as unfortunate and counterproductive. Let me briefly explain why. The Lake Tahoe Basin, which straddles the California-Nevada border, has since 1968 been governed under a bistate Compact negotiated between the two states and ratified by Congress. The key player un...
CONTINUE READINGThe future of climate politics (Pt. 1)
I’m a little late to the game here, but I’ve finally had a chance to read Harvard Prof. Skocpol’s post mortem of why she thinks cap-and-trade legislation failed in the U.S. Congress in 2009-10, and what she thinks the best way forward in the future is. (Dan blogged about this already here and here; Matt Kahn here.) For those of you who haven’t read the 140-page pdf (available here), I encourage you to do so. It’s well written and a good overview of the his...
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