A regional cap-and-trade program launched in the northeastern U.S. three years ago has saved customers nearly $1.1 billion on electricity bills, helped create 16,000 jobs, and has retained more than $765 million in local economies by reducing the demand for fossil fuels, according to a new analysis.
Tag:
carbon price
Australia has just enacted a carbon tax law that it will implement mid-2012. Is a carbon tax a better policy than a cap and trade policy? Better minds than mine disagree over the answer to that question and the primary reason for disagreement is that they are both susceptible to misuse when in place even
Study of CO2 ‘Supply Line’ Urges Carbon Price at Point of Extraction
written by Yale Environment 360
A study quantifying each nation’s contribution to global carbon emissions based on its role in the supply chain of energy production — from resource mining to burning of fuels — suggests that pricing carbon at the point of extraction would simplify global efforts to curb emissions.
If the public could have its way, Australia would be 100 per cent powered with alternative energy.
This is the main finding of a recent survey carried out by campaigners who interviewed 14,000 people across the country.
They found that 86 per cent of Australians want renewable energy and 91 per cent of them would like
(Reuters) – Australia‘s government launched a third attempt on Thursday to make carbon polluters pay for their emissions, unveiling plans for a fixed-price scheme from 2012 and vowing not to surrender this time in the face of fierce opposition.
Prime Minister Julia Gillard, whose