Climate 411

Companies and Environmental Groups Announce Blueprint for Climate Legislation

By Tony Kreindler / Published: January 15, 2009

Photo of Tony Kreindler Key players are getting right to work to move strong global warming legislation through Congress. This morning, an impressive lineup of CEOs and environmental leaders announced a consensus blueprint for U.S. climate policy. It’s built around a cap on the pollution that causes global warming. See details on the USCAP site.

And right afterward, Congressman Henry Waxman, the new chair of the House Energy and Commerce Committee, is convening the first major climate hearing of the year. You can follow the hearing on the committee’s site.

The Washington Post describes the announcement in a detailed story. We’ll add links to other noteworthy stories as they come in.

Update – More news stories:

From The Hill: “Waxman to push global warming bill”
From the AP: “Waxman promises quick action on climate“

Posted in Climate Change Legislation, News / Read 6 Responses

The Green Jobs You’ve Been Hearing About

By Jackie Roberts / Published: December 9, 2008

Jackie Roberts The thought of revitalizing the economy with green jobs is inspiring, but how will it actually work? What will those jobs look like? Duke University just released a study that starts to answer that question. It looks at five industries, including LED lighting and concentrating solar power. For each, researchers asked what the value chain is and how jobs could be created.

And right on the heels of that study is this story from CBS News: Former Maytag employees in Iowa are finding new manufacturing jobs making parts for windmills. It’s a great example of the connection between climate solutions and U.S. jobs.

Jackie Roberts is our director for sustainable technologies.

Posted in Economics, Energy / Read 9 Responses

Obama Commits to a Strong Cap-and-Trade System

By Tony Kreindler / Published: November 21, 2008

Tony KreindlerIn a video message delivered this week to a bipartisan group of governors at a global warming summit in California, President-Elect Obama made it clear that his climate change priorities start with a cap and trade system to reduce America’s global warming pollution and unleash a clean energy revolution.

My presidency will mark a new chapter in America’s leadership on climate change that will strengthen our security and create millions of new jobs in the process. That will start with a federal cap-and-trade system. We’ll establish strong annual targets that set us on a course to reduce emissions to their 1990 levels by 2020, and reduce them an additional 80% by 2050. Further, we’ll invest $15 billion each year to catalyze private-sector efforts to build a clean-energy future.

[kml_flashembed movie="http://www.youtube.com/v/hvG2XptIEJk" width="425" height="350" wmode="transparent" /]

It’s a momentous statement that lights the fuse for climate change legislation in 2009. This is exactly what America and the world needs now – a strong cap-and-trade bill will jump-start job creation in new energy industries, and take a huge step toward solving climate change.

This post is by Tony Kreindler, media director for the National Climate Campaign at Environmental Defense Fund.

Posted in Economics / Read 6 Responses

What Should Be Obama’s First Priority?

By Tony Kreindler / Published: November 13, 2008

Tony KreindlerLast week, Washington Post blogger Chris Cillizza asked for thoughts on what Obama’s first legislative priority should be upon taking office. I submitted this comment:

President-elect Barack Obama will face a series of challenges that rival any of his modern predecessors — a damaged economy, a dangerous dependence on foreign oil, aging and inefficient U.S. infrastructure, and a deteriorating environment.

Each individually would warrant the immediate attention of the White House. But the President-elect has an historic opportunity to work with Congress on a plan to address them all. That plan should start with a cap on global warming pollution.

With that cap, we can help revitalize the economy by instantly creating new markets and new customers for U.S. manufacturers in the supply chain for clean energy technologies – think wind turbines and all of the cement and steel that go into them. We can stem the flow of petrodollars overseas, by as much as $500 billion over the next two decades by MIT estimates. And we can generate new revenue for investment in America by auctioning emissions permits – all while fighting climate change.

It’s the energy policy America needs now. President-elect Obama should begin working with Congress early in his administration to enact a cap and restore U.S. leadership in the global climate change debate.

This morning, Cilizza posted a follow-up with excerpts from "the most interesting/provocative thoughts" he received, and I was happy to see my suggestion among them: a cap on global warming pollution.

This post is by Tony Kreindler, media director for the National Climate Campaign at Environmental Defense Fund.

Posted in What Others are Saying / Read 1 Response

A Carbon Cap Would Promote International Participation

By Gernot Wagner / Published: November 7, 2008

Gernot Wagner's profileNat Keohane and I have been participating in the “Carbon Tax vs. Cap-and-Trade” debate over on Bulletin of the Atomic Scientists. From Round 3, which addresses the international aspects:

A cap-and-trade system allows for the creation of a global carbon market. Such a market would provide the mechanisms and flexibility necessary to achieve the environmental goals at the lowest cost and the incentives for other countries to join. A tax does neither, while requiring much more harmonization across countries.

This post is by Gernot Wagner, Ph.D., an economist in the Climate and Air program at Environmental Defense Fund.

Posted in Climate Change Legislation / Read 3 Responses

Nature Does Not Do Bailouts

By Gernot Wagner / Published: November 7, 2008

Gernot Wagner's profileA call for change — no, not by Barack Obama, by Al Gore.

Gore co-authored a call for Sustainable Capitalism in today’s Wall Street Journal:

At this moment, we are faced with the convergence of three interrelated crises: economic recession, energy insecurity and the overarching climate crisis. Solving any one of these challenges requires addressing all three.

The op-ed concludes that:

Today, the sustainability challenges the planet faces are extraordinary and completely unprecedented. Business and the capital markets are best positioned to address these issues.

…as long as the incentives are correct:

We…need to internalize externalities — starting with a price on carbon. The longer we delay the internalization of this obviously material cost, the greater risk the economy faces from investing in high carbon content, “sub-prime” assets. Such investments ignore the reality of the climate crisis and its consequences for business.

This post is by Gernot Wagner, Ph.D., an economist in the Climate and Air program at Environmental Defense Fund, and originally appeared on the Environmental Economics blog.

Posted in Climate Change Legislation / Comments are closed