A new and vastly improved climate change policy has come out of nowhere to capture the imagination of state and national policymakers: "Cap and dividend." It works like this: Step one, impose a carbon cap. Step two, auction off all carbon allowances. Step three, return most of (if not all) the revenues generated to all households on a per capita basis. Continue reading
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On Sept. 22, in a speech to 100 world leaders gathered at the United Nations to discuss climate change, President Barack Obama declared the U.S. “determined to act.” But at the same time, word began to circulate on Capitol Hill that the Senate might be equally determined not to vote on the climate bill any… Continue reading
Most environmental leaders and Democratic Party officials argue that we should support the Waxman-Markey carbon cap and trade bill (American Clean Energy Security Act) no matter how imperfect because it represents an important small step forward. In this commentary by David Morris, he concludes that the bill would be acceptable if it was stripped of its cap and trade provisions. Retaining the cap and trade provisions and he sees it as a giant step backwards that may well hobble further progress in federal efforts to combat climate change for years to come.
At the Oscars, former Vice President Al Gore and megastar actor Leonardo DiCaprio informed a billion viewers that this was the first"green Oscar," at least with respect to global warming. The hosts had purchased sufficient greenhouse gas offsets to allow them to free the event of any responsibility for increasing greenhouse gases.
Twodays later, Al Gore and emission offsets were again in the news when reports circulated that his Nashville house consumed 20 times more energy than a typical house. His spokesman responded: The Gore family had purchased green electricity and carbon offsets in sufficient quantities to render the house’s net contribution to global warming as zero.
Cap and Tax, Don’t Cap and Trade By David Morris, originally published on AlterNet, March 12, 2007 At the Oscars, former Vice President Al Gore and megastar actor Leonardo DiCaprio informed a billion viewers that this was the first “green Oscar,” at least with respect to global warming. The hosts had purchased sufficient greenhouse gas… Continue reading