A world tariff war driven by Europe and the US over greenhouse gas emissions is likely unless there is a strong global agreement to prevent climate change. Read more here. … [Read more...] about Cost of Carbon Could Create Tariff War
Need Floor-Price for Carbon?
A shake-up in the way the "boom and bust" carbon markets are working in Europe is being urged ahead of tomorrow's auction of new emission certificates by the UK government. Read more here. … [Read more...] about Need Floor-Price for Carbon?
Economist Reports on Climate Conference in New York
SPAIN has business leakage, California has banned all coal-based electricity, cap and trade creates vested interests in property rights – these are some of the issues economist Alan Moran reports on in his summary of the recent Climate Change … [Read more...] about Economist Reports on Climate Conference in New York
Recession Stops Global Warming
Cartoon by Nicholson from ”The Australian” newspaper: http://nicholsoncartoons.com.au … [Read more...] about Recession Stops Global Warming
US Cap n Trade Legislation Unlikely to Pass
US Senator Kent Conrad said that it would be a “distant hope” to expect the climate change plan to pass unless it includes help for industries that would be hit hard by limits on carbon emission production. Read more here. … [Read more...] about US Cap n Trade Legislation Unlikely to Pass
To Tax or Trade Carbon
Australian economist Alan Moran considers the advantages of taxing versus trading to reduce carbon emissions and concludes the best policy for Australia is to do nothing till 2020, then catch up by 2050, given the Treasury’s estimate at 3 percent … [Read more...] about To Tax or Trade Carbon