Over the last few weeks we have seen major developments in environmental policy at the state level in the U.S. On August 15, the Regional Greenhouse Gas Initiative (RGGI), a coalition of seven northeastern states, introduced a model rule governing the operation of a cap-and-trade system for electricity related greenhouse gases (GHGs). In early...
Emission trading
Nuclear looms large in first U.S. carbon cap-and-trade scheme
My August 20 post talked about the Regional Greenhouse Gas Initiative, a coalition of seven northeastern U.S. States that has started the first cap-and-trade system for electricity generation–related greenhouse gases (GHGs). I said the RGGI had set an ambitious cap of 121 million tons per year. Actually, the cap is a bit more realistic....
Eastern Front flares up in U.S. Kyoto war; nuclear industry could be the big winner
Last week I outlined how the Arnold Schwarzenegger–Tony Blair pact spelled bad news to those who oppose the Kyoto Treaty. The Terminator’s alliance with Blair represents the first major beachhead won by pro-Kyoto forces in America. But now the anti-Kyotos will be dealing with a headache on their eastern flank, in the form of...
Kyoto faces crucial test as new round of emissions trading begins
As climate change attains unprecedented prominence as a global public issue, we face a further test of humankind’s ability and willingness to do something about it. The countries participating in the European Union’s Emission Trading Scheme (ETS) are set to hand in their new National Allocation Plans (NAPs) for Phase 2 of the scheme,...
Harper and Kyoto: emissions trading in Canada?
In my May 19 post I harped on about the Emission Trading Scheme (ETS) in Europe. What does that have to do with Canada? The ETS covers companies roughly similar to what we in Canada call the Large Final Emitters (LFEs). With much prodding from activist Environment ministers in the former Liberal government, federal...
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