Regulation
Can We Replace HFCs?
What was supposed to be an informal meeting between President Obama and Chinese President Xi Jinping has yielded something substantive: an agreement to include hydrofluorocarbons (HFCs) under the Montreal Protocol, and thus an agreement by both nations to reduce their use: As some environmental analysts had hoped, President Obama and President Xi Jinping of China found room to maneuver on global warming …
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CONTINUE READINGThe Cost of Carbon Revisited
In 2010, an inter-agency task force provided a series of estimates of the “social cost of carbon” to guide government cost-benefit analyses. The estimates vary with the discount rate and the date. For instance, using a 5% discount rate, it would be worth spending hardly anything — only $4.70 — to eliminate a ton of CO2 …
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CONTINUE READINGNEPA Saves the World!
Well, not really. But in some circumstances it might have helped. Consider the civil unrest now roiling Turkey. It began over protests against the government’s plan to turn a much-beloved, historic urban park into a mosque and shopping mall. But as many news reports have indicated, the point was not simply the plan, but the high-handed …
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CONTINUE READINGNot Enough Money in the Pipeline
When regulators approve rates for a utility such as Pacific Gas & Electric Company (PG&E), they are making their best guess as to how much money the company will need to cover various kinds of activities. The utility starts out the process by offering its position on how much it will need for things like …
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CONTINUE READINGThe Curious Case of Positive Train Control
In a recent column, George Will uses positive train control as a poster child for the evils of government regulation, while also complaining about the “democracy deficit” of agency regulations. Actually, his two points contradict each other. Positive train control is really an example of democracy in action rather than bureaucratic excess — an automated …
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CONTINUE READINGWrite Your Own News Story
Just fill in the blanks, and you can save yourself the trouble of reading newspaper accounts about any new EPA action. New EPA Regulations Spark Controversy The Environmental Protection Agency today announced tough new regulations on [name of industry]. According to the agency, the regulations will save thousands of lives by reducing dangerous levels of …
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CONTINUE READINGTime May Run Out on Obama’s Most Powerful Climate Change Tool, Environmental Groups Threaten Suit
President Obama has a surprising amount of power to reduce greenhouse gases from the two largest categories of emitters, the transportation and electricity sectors, without getting Congress to act. He has already used that power to dramatically tighten fuel economy standards for passenger autos. But his ability to reduce emissions from the electricity sector — …
CONTINUE READINGIs TSCA Reform on the Way?
The Toxic Substances Control Act or TSCA (sometimes pronounced “Tosca,” like the opera) is one of the worst-written statutes of all time. It seems as if every section contains a cross-reference to another section, which in turn requires recourse to yet another sentence to be understood, making the statute completely opaque. A last-minute compromise, the …
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CONTINUE READINGMaybe a Super EIS for Climate Policy?
Following closely on the heels of Ann’s argument concerning the flaws of the Keystone XL DEIS came a NYT story from John Broder with an interesting suggestion: if the administration approves the pipeline, then it should do something else in order to advance the battle against climate change: [C]ould some kind of deal be in …
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CONTINUE READINGWe Have Met the Unknown Unknowns and They are Us
There are uncertainties about climate science such as tipping points and feedback effects. But these pale in comparison to the biggest source of uncertainties: people. Here are some of the major things we don’t know and really can’t know about future society: Will economic growth continue, and if so, how quickly and how uniformly? Richer …
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