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In the News

  • Finally, policy change on climate change

    If Congress doesn’t act, the EPA still can regulate. This week, the Institute for Policy Integrity at New York University School of Law will release a report on how far the EPA could go with regulations. The answer: the agency could impose cap-and-trade.

  • Why Offshore Drilling Can Wait

    Last summer, when oil prices shot past $140 per barrel, offshore oil drilling became the biggest topic in politics for a short while. In the months leading up to the election, congressional Democrats went ahead and let the offshore-drilling moratoria expire—kicking the issue up to the administration. At the moment, President Obama and his Interior Secretary Ken Salazar are under no obligation to open up new areas to oil companies. They just have to come with a plan to auction drilling rights, and they have broad discretion to decide where and when to allow drilling.

  • Two years after Mass v. EPA, Van Hollen comes out with a winning solution

    On the second anniversary of the Supreme Court’s greenhouse gas decision, it is refreshing and exhilarating to see so much movement from Washington towards reducing our carbon emissions. After the endless stalling by the last President, our government officials are right to be rushing to find a solution now. But unless that solution keeps lower and middle class Americans whole, we fear it will be unfair, unpopular and ultimately, short-lived.

  • The Politics of Climate Change Legislation

    Cap and trade may not be dead, but it now looks unlikely that Congress will pursue emissions regulations this year, which no doubt frustrates Michael Livermore, who makes the case for acting quickly over at TNR’s The Vine.

  • A Luxury For Good Times?

    Good news America: we do not have to choose between economic growth and climate stability. In his budget blueprint, President Obama has proposed a climate change policy that cleans up our environment, spurs investment that will create millions of jobs, and protects consumers from the rate increases that will come from making this transition to cleaner energy. With this plan, there is no need to wait for an economic recovery.

  • Capping Carbon: The Economic Case For Acting Quickly

    According to various press reports, the Obama administration and Congress may decide not to push a cap on carbon emissions through this year’s budget reconciliation process…But one thing to note here is that the longer Congress waits on putting a cap in place, the more we actually hinder the ability of our economy to prepare for an inevitable carbon-constrained future.

  • Obama is right to return most carbon revenue to taxpayers

    As a climate change policy, President Obama’s carbon cap is a winner. It gets greenhouse reductions at the lowest possible cost and spurs the innovation and invention that will drive us to a clean-energy economy. But if folks are eyeing the carbon cap as a way to raise money to pay for clean energy programs, they are barking up the wrong tree. Unless these funds are returned to the American public, the cap will have severely regressive effects on lower-income Americans. And in the end, it would come back around to bite us by sapping support for environmental spending in the future.

  • No Free Lunch for Millionaires

    Obama wants to stop energy companies from eating our lunch – we shouldn’t fight him. In our backwards political climate, President Obama’s sensible carbon cap proposal has gotten him in hot water with everyone from utilities to members of the green movement. While other plans give away pollution permits to energy companies for free —a windfall valued roughly $100 billion per year—President Obama’s proposal auctions off the permits and refunds the money to taxpayers.

  • Should Industry Pay To Pollute?

    President Obama is right to auction off 100% of the carbon credits and he is also right to refund that revenue to American taxpayers—this is the key piece of the puzzle that will promote broad based support for climate change policy.

  • Obama’s Carbon Cap-and-Trade Plan Can Boost Growth

    President Barack Obama hits three nails on the head with his plan to cap carbon emissions: weaning us off fossil fuels, spurring a wave of investment and job creation, and putting cash in the pockets of Americans who most need it.