Climate 411

Mankiw's Argument Against Cap-and-Trade

The author of today’s post, Nat Keohane, Ph.D., is Director of Economic Policy and Analysis at Environmental Defense.

In yesterday’s New York Times, Harvard economics professor N. Gregory Mankiw, advisor to President Bush and presidential candidate Mitt Romney, threw his hat into the climate policy ring. Mankiw called for an international carbon tax to address global climate change.

We’re glad that a highly regarded academic economist is calling for serious action to stop global warming. But we part ways with his prescription for what action to take.

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Also posted in Economics / Read 6 Responses

Sen. Warner and the Generals on Climate

Today’s post is by Mark MacLeod, Director of Special Projects for our national climate campaign.

Last 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 question of national security.

Today, the senators outlined their plan (which Environmental Defense praised). But I also wanted to call out what I thought was the most interesting line in the Washington Post story. In relating the reasons that caused Senator Warner to become a leader in the Senate on climate change, the article states,

Warner said he was also prodded by retired Gen. James L. Jones and other former military officers who urged him to back a bill to slow global warming.

Those military leaders, like the business leaders in US-CAP, and leaders in the faith community, all show the strong and widespread momentum to deal with global warming.

Posted in Climate Change Legislation / Read 2 Responses

Climate Legislation at Last?

The author of today’s article, Mark MacLeod, is Director of Special Projects for our national climate campaign.

What do you get when a longtime champion of the environment and a respected Republican voice on both the economy and national security join forces in the Senate to write a climate change bill? A real opportunity for bipartisan action on global warming.

On Wednesday, Connecticut Independent Joe Lieberman and Virginia Republican John Warner announced a groundbreaking commitment to develop a comprehensive greenhouse gas cap and trade bill. They intend to bring it to a vote in their panel on the Senate Environment and Public Works Committee before the end of July.

A pile of climate bills have already been introduced in the Congress this year – why is this announcement such big news?

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Posted in Climate Change Legislation / Read 4 Responses

What is Congress up to?

Today’s guest columnist is Mark MacLeod, Director of Special Projects for our national climate campaign.

When it comes to global warming, this is looking to be an action-packed Congress. There are no fewer than seven global warming bills under discussion. While the titles make the bills sound very much alike, they differ in both subtle and significant ways.

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Posted in Climate Change Legislation / Read 1 Response

Why does the "safety valve" matter to farmers?

Today’s post is from Sara Hessenflow Harper, a policy analyst for our national climate campaign. She does extensive outreach to the agricultural community.

Yesterday, Mark MacLeod wrote about the “safety valve” and its flaws. I wanted to add to the discussion a more specific look at its implications for rural America. In addition to the problems Mark noted, the “safety valve” would also cut farmers out of the carbon market. Here’s how.
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Also posted in Economics / Comments are closed

What is the "safety valve"?

Today’s post is by Mark MacLeod, director of special projects for the national climate campaign at Environmental Defense.

Some people have proposed a “safety valve” to control the costs of a cap-and-trade policy to fight global warming. This post explains what a safety valve is, and why it provides only an illusion of cost management.

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Also posted in Economics / Read 2 Responses