Waxman-Markey

Trade laws and climate change regulation

Co-authored by Jesse Swanhuyser, UCLA Law class of 2011, formerly a fair trade advocate in California and Washington D.C. A prior version of this article first appeared in the Los Angeles Daily Journal, on July 23. As discussed in other posts on this blog, last month was particularly challenging for those working toward national and international climate agreements. At …

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Offsets and Waxman Markey

Will the massive number of offsets allowed under the proposed Waxman-Markey climate change bill destroy its effectiveness?   Waxman-Markey allows for a huge number of offsets from both domestic and international sources – up to 2 billion tons.   Some analysts estimate that if all of these offsets are used domestic emissions will not begin to decline until …

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Waxman Markey, the Clean Air Act and State Climate Legislation

As I suggested last week, the prospects for the Waxman-Markey bill passing Congress this term don’t seem particularly high.  President Obama is expending significant political capital on health care reform.  The Senate is occupied with the Sotomayor Supreme Court hearings.  And the politics of climate legislation may be even tougher in the Senate than in …

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Forecasting climate votes in the Senate

Nate Silver, the statistician who gained prominence in the last election cycle with his predictions for the presidential race, has modeled the prospects of the Waxman-Markey climate bill in the Senate. The analysis is necessarily based on a number of assumptions, such as that the bill doesn’t change in its progress to the Senate floor. …

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Is Waxman-Markey Even Worth It?

If Michael O’Hare is right about this, then Waxman-Markey might not be worth the candle: Waxman appears to have sold out the indirect land use issue in a deal with Peterson on the climate change bill: “Waxman also consented to block EPA from calculating “indirect” greenhouse gas emissions from land-use changes when implementing the federal …

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Waxman-Markey May Lower Household Costs

In another report issued today, the U.S. Environmental Protection Agency counters the predictions of some critics of climate change legislation by concluding that the  Waxman-Markey bill would not lead to higher energy costs for consumers.  In fact, the EPA concludes that household energy costs actually may go down.  In one scenario, each household on average …

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Rebutting the Economic Attacks on Waxman-Markey

The first line of defense against climate regulation was that climate change didn’t exist. The next line of defense was that maybe it was real, but it wasn’t caused by humans. Now we’re up to the third line of defense: it does exist and it is caused by humans, but it’s too expensive to fix. …

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Climate bill is out of committee (thanks in part to speed reader?)

Yesterday evening, by a 33-25 vote, the House Energy and Commerce Committee passed the Waxman-Markey climate and energy bill (full text here – all 946 pages of it). This quick analysis by Kate Sheppard at Grist.org is useful.  This New York Times article discusses the opposition to the bill from the agricultural sector, and the likely difficulties that …

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Both Sides are Right on Waxman-Markey

Cara asks what people think about the Waxman-Markey bill.  It seems clear to me that both sides are right.  And no, this isn’t a case of realism versus idealism. Waxman-Markey might be the strongest thing that can get through Congress right now.  And even that might be over-optimistic: Waxman can move the thing through the …

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Taking sides on Waxman-Markey

Now that the revised Waxman-Markey compromise draft has been make public (here), those in favor of strong climate change regulation are soul-searching about whether to support it.  Did Waxman give away too much — on, among other things, free allowances to industry, reduced caps, and lessened requirements for ramping up renewable energy sources (see Steve’s post …

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