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Democratic leaders in Congress may seek to remake U.S. energy policy in a single stroke by bundling President Barack Obama’s carbon-trading and renewable- electricity initiatives into one comprehensive measure.
USA
Pennsylvania issues funding, enacts carbon credit trading
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In January, Pennsylvania Gov. Edward Rendell announced the funding of 49 renewable energy and renewable fuel projects in the Keystone State. Of the 49 projects selected, 12 are biodiesel-related.
Companies Earn Big Profits From Free Carbon Credits
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Discussion of carbon cap-and-trade systems usually focuses on whether such schemes can set a workable price for permits, given the volatility that has characterized the system in Europe.
“If you auction all of the credits, then it’s just a carbon tax.”
— Michael Morris
American Electric Power
Carbon Tax to Encounter Congressional Challenges
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Hoping to clear the air about a brand-new tax policy, Rep. John B. Larson (D- Conn.) is proposing a simpler carbon tax to counter President Obama’s intricate cap-and-trade policy.
Polluters To New York: We Want Carbon Credits For Free
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David Patterson, governor of New York, is under pressure from industry to give away, not auction off carbon credits. Energy companies don’t want to pay extra for carbon credits. They tell the Governor that paying extra for the credits will lead to a rise in the cost of energy for New Yorkers.
John Kerry: CO2 Regulation Won’t Work
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Senate Foreign Relations committee Chairman Sen. John Kerry - a.k.a Mr. Teresa Heinz - said in a March 5 speech yesterday that, even with “the best” climate regulation proposed so far, including the cap-and-trade scheme outlined in President Obama’s budget proposal, atmospheric CO2 concentrations will nevertheless increase and cause “catastrophic and irreversible climate change,” according to Carbon Control News.
Governor’s adviser: Arizona should retain carbon trade policy
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Michael Anable, policy adviser on Natural Resources to Gov. Jan Brewer, is recommending the state continue participation in the Western Climate Initiative that would attempt to reduce western United States and Canadian emissions to a level 15 percent below 2005 emissions in the next 11 years.
The Meaning of New York’s Carbon Trading Move
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Governor David A. Paterson of New York is thinking of giving the utility industry more free allowances to pollute under the Northeast carbon-trading system, as my colleague Danny Hakim reports today.
The Meaning of New York’s Carbon Trading Move
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New York Governor David A. Paterson is thinking of giving the utility industry more free allowances to pollute under the Northeast carbon-trading scheme, as my colleague Danny Hakim reports today.
Trading carbon credits worth examining, Purdue expert says
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WEST LAFAYETTE, Ind. — Farmers and landowners could receive extra income from already-existing land management practices by selling carbon credits on the Chicago Climate Exchange, said a Purdue University expert.
U.S. urged to pass carbon curbs this year
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WASHINGTON - For the United States to play a leadership role crafting a global warming treaty, negotiators say Congress and the Obama administration must enact limits this year to reduce emissions of greenhouse gases.
Utah, Headwaters to Commercialize Carbon Storage
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The University of Utah and Headwaters Incorporated have entered into a joint venture to offer carbon management services to carbon dioxide (CO2)-emitting companies, from carbon storage engineering to risk and liability management, according to a Feb. 24 press release.
Carbon Cap-And-Trade” a double tax on consumers
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An unnamed industry group and Chicago market-trader friends of President Obama are reportedly encouraging Congress to impose a “carbon cap-and-tax-and-tax” plan on its own customers, a plan that would dramatically raise energy prices in the midst of an economic recession, the Congress of Racial Equality charged in a national speech.
Island’s carbon dioxide footprint 15th highest in world
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Bermuda ranks 15th in the world in per capita carbon dioxide production far higher than a slew of industrialised countries.
A carbon-emissions limit will raise energy prices unevenly
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Kevin Bullis at Technology Review (published by MIT) writes on the inequalities of cap-and-trade plans and increased prices for consumers and producers: