OSLO, April 15 (Reuters) - Coal-fired power generation in Asia and cattle ranching in South America are the most damaging businesses for nature with...
I'm referring to the CO2 cap-and-trade allowance auction held by the State of California. The fact that the auction ran smoothly and compliance entities and others put their money down is one important step in establishing the program's credibility.
In 1998 and for the subsequent eight years or so, I remained agnostic regarding what I viewed as the trade-offs between cap-and-trade and carbon taxes. What happened to change that? Three words: The Hamilton Project.
The negotiating teams are now tasked under the Durban Platform with identifying a new comprehensive policy architecture. The negotiators are therefore hungry for new ideas, in particular for outside-the-box thinking.
Since when are low prices considered to be a problem? To understand what's going on, we need to remind ourselves of the purpose (and promise) of a cap-and-trade regime, and then look at what's been happening in the respective markets.
The Carbon Canopy is developing markets that advance forest preservation and sustainable management by compensating landowners for the environmental benefits created by healthy forests.
In 2009, the U.S. Congress considered but ultimately failed to enact legislation aimed at limiting U.S. greenhouse-gas (GHG) emissions. The bill unde...
The Sixth Edition of Economics of the Environment: Selected Readings has just been published by W. W. Norton & Company of New York and London. Throug...
Two weeks of international climate negotiations begin today in Durban, South Africa. These are the Seventeenth Conference of the Parties (COP-17) of ...
In the U.S., political polarization has decimated what had long been the key political constituency in the Congress for environmental action, namely, the middle, including both moderate Republicans and moderate Democrats.
Market-based approaches to environmental protection should be lauded, not condemned, by political leaders, no matter what their party affiliation. Otherwise, there will be severe and perverse long-term consequences for the economy.
Microfinance is intended to help the poor. The poor are often the most affected by climate change. Yet, some microfinance programs actually further co...
There are basically two ways to cut carbon emissions, and neither one of them involves global climate change summits like the one just held in Cancún, Mexico.