Energy
China and Carbon Markets
In a surprising development, China may be planning to create an internal carbon market a/k/a cap & trade. According to Climate Wire, When professor Chen Hongbo tried to promote carbon trading in China three years ago, he found himself under fire. As developing countries like China aren’t obliged to limit the byproduct of their economic …
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CONTINUE READINGThe “Rebound Effect” Falls Flat
Prompted in part by a recent article in the New Yorker, there’s been a lot of attention to the rebound effect lately. The theory is that increased energy efficiency in effect makes energy cheaper (as measured in cost per unit of benefit), so people actually consumer more energy. The empirical evidence is that this is …
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CONTINUE READINGChanging the Climate in the Bay State
Massachusetts has adopted an ambitious goal of reducing GHG levels 20% below the 1990 level by 2020. According the NY Times, the program involves a mix of tools: Importing more hydropower from Quebec. Reducing vehicle miles driven through insurance incentives. Encouraging owners of old oil furnaces to replace them with more efficient systems. Using the …
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CONTINUE READINGGOP Environmental Policy FAIL
Last month, when discussing the egregious subsidies for ethanol that expire this year, I commented, “Here is a great test to see whether Republican anti-government and anti-spending rhetoric is any more than that.” Well, so much for that: Renewable Fuels Association president Bob Dinneen says they are thrilled with passage of the Senate tax package …
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CONTINUE READINGWhat a Gas! A Rare Win-Win
Oil and gas wells vent or flare off natural gas. New technology shows that this is actually a lot more gas than anyone knew — about four percent of production, according to GAO. Capturing that natural gas for sale would give the government millions of dollars in royalties. Vented gas is methane, a more potent …
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CONTINUE READINGOf Smart Meters, San Bruno, and Regulatory Action
When the Pacific Gas and Electric Company and California regulators confronted recent health and reliability concerns related to smart meters, they stumbled because of a failure to address these concerns upfront — before committing billions to statewide meter conversion. The loss of public confidence in the aftermath of the tragic gas pipeline explosion in San …
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CONTINUE READINGBP spill lawsuit complaint and link to early analysis
Here’s the complaint in the newly-filed lawsuit the United States filed against BP today, which I summarized earlier in this post. And NRDC’s David Pettit has written an interesting blog post with some initial thoughts about timing and choice of defendants in the lawsuit.
CONTINUE READINGU.S. sues BP, eight other defendants for violations of Oil Pollution Act in Deepwater Horizon blowout
Eric Holder, the Attorney General of the United States, announced today that the U.S. Department of Justice has filed a lawsuit alleging that BP, Transocean, and seven other firms caused or contributed to the massive Deepwater Horizon oil spill earlier this year. The lawsuit seeks response costs, natural resource damages, and economic damages under the …
CONTINUE READINGOceans: the biggest loser from our international failure to address greenhouse gas emissions?
In this op-ed from Monday’s Los Angeles Times, UC San Diego scientists Tony Haymet and Andrew Dickson succinctly and directly summarizes the threat that ocean acidification poses to our world, and plead for reductions in carbon emissions. (My colleagues have blogged about ocean acidification before, here and here among other places.) Unfortunately, as my …
CONTINUE READINGBlack Friday Reflections on Happiness, Consumption, and Sustainability
As discussed in a fascinating new book by Derek Bok, psychologists have been busily researching a new set of issues relating to happiness. As a result of this research, psychologists are beginning to develop a deeper understanding of the factors that control well-being. Well-being is a multi-dimensional concept that includes objective factors such as health, …
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