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Putting a price on carbon: Carbon tax vs. cap-and-trade

EarthTalk: Carbon Tax vs. Cap-and-Trade

EarthTalk® is a weekly environmental column made available to our readers from the editors of E/The Environmental Magazine Dear EarthTalk: What’s the difference between a carbon tax and “cap-and-trade” system for reducing greenhouse gas emissions? – Marina Brown, New York, NY Most of us can agree that reducing greenhouse gas emissions is a must given the rapid warming of the…

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Will the US adapt a national cap and trade program?

EarthTalk: Why No Cap and Trade in the U.S.?

EarthTalk® is a weekly environmental column made available to our readers from the editors of E/The Environmental Magazine Dear EarthTalk: If “cap and trade” has worked so well in Europe for reducing greenhouse gas emissions there, why haven’t we tried something similar here in the U.S.?       — Sandra M., Bern, NC “Cap-and-trade,” whereby big polluters must pay…

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California's first year of its cap-and-trade program is a success

2013 A Promising Start for California’s Carbon Cap-and-Trade Program

The value of carbon emissions allowances on California’s pioneering Cap-and-Trade Program totaled over $1 billion in its first full year of operations and brought in close to half-a-billion in revenues for the state treasury.

Implementing a carbon tax is no longer a pipe dream but understood as a coming - and much needed - reality

All I Want for Christmas is a Price on Carbon

As 2013 winds down, there are promising signs that we may actually see a price on carbon in the U.S. In 2010, the cap-and-trade bill was killed in the Senate by the fossil fuel industry’s ubiquitous misinformation campaigns. However, a confluence of events have renewed hopes that we may yet see carbon pricing legislation that could significantly reduce U.S. carbon…

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The first cap-and-trade carbon credit auction under California's Global Solutions Act is deemed a success

Cap-and-Trade a Reality in California

The concept of a cap-and-trade CO2 throttling system is not new, or without widespread support.  However it has been slow to catch on with the Federal government, and slightly faster with state governments. The system is widely used in Europe, as are many global warming driven initiatives. There is no price for the right to pollute in the U.S., except…

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Climate Change, US Debt and Deficits: House Reps Urge Congressional Colleagues to Put a Price on Carbon

US House representatives are once again urging Congressional colleagues to establish a price on carbon. Doing so offers the best possible path forward in dealing with several urgent issues facing the US: government debt, deficits, the economy and the environment, they assert.

Climate Change Legislation Thwarted, Oil Spill Legislation Still Alive

Republicans have undermined climate and energy legislation, but more modest provisions focused on accountability and a proactive approach to oil spills still have a good chance of being passed into law this summer. On July 23 2010, Senate majority leader Harry Reid acknowledged that due to Republican opposition, Democrats would not be able to secure the required number of votes to pass the energy and climate bill before recess….

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