Climate Change
Allowance distribution in California’s cap-and-trade program (Part II: Industry)
Yesterday I developed a basic overview of the different categories of allowances in California’s GHG trading program. As promised, this post considers the number of allowances that California will freely give to specific industries. Why do we care about industry allowances? First, allowances have value and the Air Resources Board (CARB) has chosen to give …
Continue reading “Allowance distribution in California’s cap-and-trade program (Part II: Industry)”
CONTINUE READINGAllowance distribution in California’s cap-and-trade program (Part I)
Yesterday, I described California’s GHG cap-and-trade auction and the likely constraints on the auction clearing price. Today I want to switch gears to the allowance distribution. As summarized in our recent paper on California’s auction revenue, once you know the number of allowances available at auction and the auction clearing price, you can estimate revenue. …
Continue reading “Allowance distribution in California’s cap-and-trade program (Part I)”
CONTINUE READINGAuction prices in California’s cap-and-trade program
This week, the Emmett Center released a new paper on the potential legal constraints on revenue generated from California’s upcoming greenhouse gas (GHG) cap-and-trade auction. In that paper, we provide a general overview of the cap-and-trade auction mechanism and discuss the potential revenue raised. I would like to expand on that discussion in a series …
Continue reading “Auction prices in California’s cap-and-trade program”
CONTINUE READINGDeep Waters
Dean Rowan pointed me to a nifty interactive site dealing with sea level change. It covers the entire coastal U.S. You simply put in the name or zip code of the place your interested in, along with the amount of sea level rise (1-10 feet). You get a map of what parts of the city …
Continue reading “Deep Waters”
CONTINUE READINGTunnel vision in environmental law and policy
One of the reasons that environmental law and policy is so interesting, and so challenging, is that it is very, very difficult to reduce what we mean by “environmental quality” to one single metric. A couple of recent posts by a leading progressive policy blogger (Matt Yglesias) make this point very well.
CONTINUE READINGHeat Waves, Droughts, and the Energy System
According to the IPCC, it “is very likely that hot extremes, heat waves, and heavy precipitation events will continue to become more frequent.” For instance, by midcentury, the number of heat wave days in Los Angeles is expected to at least double over the late twentieth century, and quadrupling is expected by the end of …
Continue reading “Heat Waves, Droughts, and the Energy System”
CONTINUE READINGClimate “skepticism,” ideology, and sincerity
There’s an interesting discussion about a whole lot of things — for example, the sincerity of climate scientists and think tanks, the behavior of scientists, the relative funding of “skeptics” and climate scientists and others who believe climate change is happening and is caused by human activity — between my colleague Ann Carlson and Professor …
Continue reading “Climate “skepticism,” ideology, and sincerity”
CONTINUE READINGPreviewing a VERY Big Week for Environmental Law in the Courts
UPDATE: The Associated Press reports that late Sunday, February 26th, U.S. District Court Judge Carl Barbier announced a one-week postponement of the trial in the BP oil spill case that had been scheduled to begin the next day. The postponement is reportedly due to substantial progress that has been made in marathon settlement talks that …
Continue reading “Previewing a VERY Big Week for Environmental Law in the Courts”
CONTINUE READINGGeoengineering and Conflicts of Interest?
Is it unethical for scientists studying techniques to geoengineer the earth’s climate to advocate for additional government funding to expand the study of the science and geopolitics of the topic? That’s the conclusion of a recent Guardian article that criticizes Harvard’s David Keith and the Carnegie Institute’s Ken Caldeira for a) receiving outside money to …
Continue reading “Geoengineering and Conflicts of Interest?”
CONTINUE READINGChina Vice-President Xi Jinping in America: some thoughts on US-China environmental collaboration
Some sobering developments confront us on the climate and environment front as Vice-President (and future head of China) Xi Jinping prepares to visit the United States this week. Despite an unprecedented push to reduce pollution and develop cleaner energy sources, China’s emissions of greenhouse gases and traditional pollutants have continued to soar. Chinese annual greenhouse …
CONTINUE READINGJoin Our Mailing List
Climate policy is changing rapidly. Stay in the loop with expert analysis via email Monday - Friday.
