http://blogs.edf.org/climate411/2007/06/28/lieberman_warner_bill/ Blogging the science and policy of global warming Mon, 16 Nov 2009 07:13:20 -0800 http://wordpress.org/?v=2.8.5.2 hourly 1 http://blogs.edf.org/climate411/2007/06/28/lieberman_warner_bill/comment-page-1/#comment-1171 Climate 411 » Sen. Warner and the Generals on Climate - Blogs & Podcasts - Environmental Defense Fund Tue, 22 Apr 2008 19:16:28 +0000 http://blogs.edf.org/climate411/2007/06/28/lieberman_warner_bill/#comment-1171 [...] month, I wrote about the significance of Senators Warner and Lieberman joining forces to craft global warming legislation. I noted Senator Warner’s view that global warming is a [...] [...] month, I wrote about the significance of Senators Warner and Lieberman joining forces to craft global warming legislation. I noted Senator Warner's view that global warming is a [...]

]]> http://blogs.edf.org/climate411/2007/06/28/lieberman_warner_bill/comment-page-1/#comment-1145 Climate 411 » State of the Senate: Lieberman and Warner Team Up - Blogs & Podcasts - Environmental Defense Fund Tue, 22 Apr 2008 17:27:22 +0000 http://blogs.edf.org/climate411/2007/06/28/lieberman_warner_bill/#comment-1145 [...] they announced this summer, they are now working together as chair and ranking member of a key Senate subcommittee to draft a [...] [...] they announced this summer, they are now working together as chair and ranking member of a key Senate subcommittee to draft a [...]

]]> http://blogs.edf.org/climate411/2007/06/28/lieberman_warner_bill/comment-page-1/#comment-294 Climate 411 » Vienna Climate Change Talks - Environmental Defense Tue, 28 Aug 2007 21:03:57 +0000 http://blogs.edf.org/climate411/2007/06/28/lieberman_warner_bill/#comment-294 [...] American participation is a big concern here. The European Union has decided to reduce greenhouse gas emissions by 20 percent below its 1990 levels by 2020, and will increase its commitment to 30 percent if other major nations - in particular, the United States - step up to the plate. Delegates are encouraged by the building momentum in the U.S. Congress towards legislation to cap greenhouse gas emissions. [...] [...] American participation is a big concern here. The European Union has decided to reduce greenhouse gas emissions by 20 percent below its 1990 levels by 2020, and will increase its commitment to 30 percent if other major nations – in particular, the United States – step up to the plate. Delegates are encouraged by the building momentum in the U.S. Congress towards legislation to cap greenhouse gas emissions. [...]

]]> http://blogs.edf.org/climate411/2007/06/28/lieberman_warner_bill/comment-page-1/#comment-293 Betting on US Carbon Markets « A Significant Distraction Fri, 29 Jun 2007 17:00:02 +0000 http://blogs.edf.org/climate411/2007/06/28/lieberman_warner_bill/#comment-293 [...] Jun 28th, 2007 by loufuzai In a recent entry about the EU market, I questioned how long it would take the US to catch up. An article at Bloomberg.com today reports that the high rollers are all wagering that the US market will bloom like a mushroom after a spring rain. The more risk averse are banking on change as soon as a new administration takes over in DC, but there is already action in Congress. The large US banks are already hiring carbon traders, who are busy buying inexpensive certified emissions reduction credits (1 CER = 1 tonne of CO2 equivalent or tCO2e) created under the Clean Development Mechanism (CDM) of the Kyoto Protocol. Most of the CERs are from China and India. The traders are counting on a 200-300% return on investment if the US carbon market takes off. One plan is to bundle carbon credits with power contracts. When US electric utilities are faced with carbon caps, the carbon credits will allow trader to sell power contracts at lower prices. We will see how it plays out. But with all the money queuing up, a large US carbon market appears to be a good bet. [...] [...] Jun 28th, 2007 by loufuzai In a recent entry about the EU market, I questioned how long it would take the US to catch up. An article at Bloomberg.com today reports that the high rollers are all wagering that the US market will bloom like a mushroom after a spring rain. The more risk averse are banking on change as soon as a new administration takes over in DC, but there is already action in Congress. The large US banks are already hiring carbon traders, who are busy buying inexpensive certified emissions reduction credits (1 CER = 1 tonne of CO2 equivalent or tCO2e) created under the Clean Development Mechanism (CDM) of the Kyoto Protocol. Most of the CERs are from China and India. The traders are counting on a 200-300% return on investment if the US carbon market takes off. One plan is to bundle carbon credits with power contracts. When US electric utilities are faced with carbon caps, the carbon credits will allow trader to sell power contracts at lower prices. We will see how it plays out. But with all the money queuing up, a large US carbon market appears to be a good bet. [...]

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