The way in which the CPRS set both a cap above which emissions could not rise and a floor below which emissions could not fall was widely debated, if not widely understood, during 2009 and 2010. But those lessons need to be learnt again, writes Dr Richard Denniss.
Cap and trade
Republican-slide stifles clean energy plan
US President Barack Obama’s plans for climate reform look dead and buried by the widespread Republican victories in the nation’s midterm elections. But at least there’s California, writes Climate Spectator’s Giles Parkinson.
Can the oil spill force the US into a climate policy?
America never lets a crisis go to waste and now Barack Obama is trying to use the Gulf of Mexico spill to push his case for a cap and trade scheme. Will it work?
Now health reform is ticked, is climate change next for Obama?
The passage of health reform by Barack Obama has brought whisperings of the climate change bill being brought back to life. But does Obama has the political will to push it through? asks Sophie Black.
Climate scientist: nuclear power can save us
NASA scientist James Hansen says that cap-and-trade schemes are “hokey” and will never be accepted by developing countries. Only a carbon tax and the use of nuclear power will work to battle climate change.
John Kerry searches for his political legacy
John Kerry may have discovered the issue that will get him written into the history books: emissions trading. He’s working on a compromise bill for the Senate, but how many favours will he need to dole out to get it passed?
Crikey Clarifier: How do CPRS schemes work?
Joshua Gans answers all the questions you’ve always wanted to know about a Carbon Pollution Reduction Scheme but felt too dumb to ask…
Copenhagen v Kyoto: where we’re really at
The holy grail of a global emissions target with ambitious carbon budgets for 2020 in industrialised countries remains elusive, say Andrew Light, Erwin Jackson and Andrew Pendleton.
Sarah Palin’s WashPo op-ed
In an opinion piece for the Washington Post, soon-to-be-former Alaska governor Sarah Palin makes her case against Obama’s cap-and-trade energy plan.
Will carbon offsets actually work?
Companies might be better off investing in the technology required to become environmentally friendly upfront than buying carbon credits.
The coming green trade war
European, Indian and Chinese officials claim that America’s proposed cap-and-trade system for carbon puts them at a competitive disadvantage, and are warning it could spell trouble.
