Carbonfund.org Blog

A survey of some of the nation’s top economists has revealed that nearly all of them favor taking action to fight global warming. Specifically, economists agree that global warming threatens the American economy and that cap-and-trade legislation will spur investment and be good for the economy.
Of the 144 economists surveyed by New York University of [...]

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USA Today’s Traci Watson reports that the draft of the Senate bill released today calls for 20% reductions in greenhouse gas emissions by 2020.  This is an increase from the 17% reduction required by the House bill.  The bill would initiate a cap-and-trade system much like the House bill, and would also provide financial assistance [...]

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Bloomberg’s Jim Efstathiou Jr. reports that the Senate Environment and Public Works Committee has prepared a “discussion draft” requiring deeper reductions in greenhouse gas emissions than the levels approved by the House.
The draft, which will be released on Wednesday, calls on U.S. companies to reduce their impact 20 percent by the year 2020, rather than [...]

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The main theme at this year’s Green Intelligence Forum in Washington, DC presented by The Atlantic magazine is climate change- perhaps the greatest environmental challenge to face the world, as the problem affects every nation and ways of life. Industry, NGO and government representatives participated in today’s discussion on both policy and pragmatic approaches to [...]

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Five experts including Eric Carlson are featured in the current Seed Magazine on the value of carbon offsets to reduce global carbon emissions.
Third-party standards, verification and auditing are the hallmarks of real and high-quality offsets. The key question about a carbon offset is: Is it real, and who says so? Carbon offset providers should offer, [...]

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Carbonfund.org President Eric Carlson today appeared with author and professor Robert H. Frank at a National Press Club Newsmaker Event. The topic, selected by a committee of the Press Club, was an economic assessment of carbon offsets, particularly in context of the cap-and-trade climate legislation in Congress. Last Friday, the House of Representatives passed the [...]

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The New York Times has published an interesting article by Cornell University economist Robert H. Frank, who provides a compelling perspective on carbon offsets.
While the author acknowledges the role of cap-and-trade and carbon tax as excellent ways to raise emission costs, he stresses on the need to offset for a substantial reduction of CO2 levels [...]

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Despite some opposition against the Waxman-Markey bill, a poll in late April by NBC/Wall Street Journal showed that 53% of 1,005 participants supported federal legislation that limited greenhouse gas emission even at the cost of bearing higher taxes.
Now an analysis by the Union of Concerned Scientists (UCS) reveals that combining a CO2 cap-and-trade program with [...]

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The Obama administration signaled yesterday that it’s willing to postpone auctioning off 100% of emissions allowances under a cap-and-trade system. This potential change is likely to be welcomed by some polluters. White House science adviser John P. Holdren is now in the precarious position of trying to balance political realities with the scientific urgency that [...]

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Point Carbon has been researching the impacts of proposed US climate policy and announced its findings in a report entitled, “A US cap-and-trade: Options for compliance.” The report utilized supply and demand dynamics under a US cap-and-trade system.
In determining the gap between estimated emissions and the proposed federal cap, Point Carbon analysts find that in [...]

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