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Putting a Price on Carbon

Despite conspicuous resistance from the U.S., governments around the world are putting a price on carbon. Emissions trading has increased dramatically in the last five years and over the next five years the trading of carbon emissions is expected to become the world’s largest commodity market. The provisions for international emissions trading were introduced with the establishment of the Kyoto Protocol….

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Poll shows 60 Percent of Public Supports Cap-and-Trade

As the Senate Energy and Public Works Committee began hearings today on the Kerry-Boxer Clean Energy Jobs and American Act, the Senate version of climate and energy legislation, a CNN/Opinion Research poll shows 60% of respondents favor cap-and-trade, the central mechanism limiting greenhouse gas emissions. In a survey conducted October 16 to 18, 1,038 adults were asked: Under a proposal…

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