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lighthouse10 Comments (6)
 
That certainly sounds better than what is usually reported...

However, Cap and Trade is still avery roundabout way of achieving emission reduction - with numerous offsets still applying.

Direct regulation achieves the stated aim, and federal goals could be overseen by individual state regulators, in line with the David Sokol (MidAmerican Energy) proposal.

The problem of energy conversion costs can be solved
taking into account the long term planning associated with the 2050 CO2 targets, such that loan or equity financed cost of changeovers could be recuperated by a slow payback from customers, with little effect on the price they are charged, which is the usual political worry.

I am writing an alternative way the USA could handle climate change:

Ceolas.Net

Climate Change USA 2009
How to achieve emission reduction and how to fund it:
Without efficiency regulation, industrial carbon taxes or cap and trade schemes

Part 1: Why All Energy Efficiency Regulation is Wrong
Summary
Politicians don't object to energy efficiency as it sounds too good to be true. It is.

The Consumer Side
Product Performance -- Construction and Appearance
Price Increase -- Lack of Money, Energy or Emission Savings

The Manufacturer Side
Meeting Consumer Demand -- Green Technology -- Green Marketing

The Energy Side
Energy Supply -- Energy Security -- Cars and Oil Dependence

The Emission Side
Buildings -- Industry -- Power Stations -- Light Bulbs


A New Car Deal for America
All cars available and their emission output lowered

Part 2: Emission Policy
Introduction: The need to deal with emissions

The Overall Picture
Emission sources, land and ocean cycles, agriculture and deforestation

Electric Politics in a new Electric World
A summary of electricity policy that also brings a new role with buildings and transport

Carbon Taxation
Fuel Tax -- Emission Tax

Market Reduction of CO2: Cap and Trade - or Not?
Basic Idea -- Offsets -- Tree Planting -- Manufacture Shift -- Fair Trade -- Surreal Market -- Real Market -- Allowances: Auctions + Hand-Outs -- Allowance Trading -- Companies: Business Stability + Cost --
In Conclusion

Industrial Regulation [in development]
Energy and Emissions in a Free America [in development]
Emission reduction solutions, Federal Grid Commission, Consumer protection


Peter in Dublin
17 Jun 2009, 05:29 PM Reply Like

Living4Dividends Comments (1220)
 
Thanks Peter

The original post was by LazyJ. I put it here in my blog because it shows how Cap n Tax will affect various industries, especially utilities.
18 Jun 2009, 08:14 AM Reply Like

Living4Dividends Comments (1220)
 
Congressional Budget Office's numbers for the cost of Waxman-Markey, these numbers are suspect:

"On that basis, the Congressional Budget Office (CBO) estimates that the net annual economy-wide cost of the cap-and-trade program in 2020 would be $22 billion—or about $175 per household. That figure includes the cost of restructuring the production and use of energy and of payments made to foreign entities under the program, but it does not include the economic benefits and other benefits of the reduction in GHG emissions and the associated slowing of climate change. CBO could not determine the incidence of certain pieces (including both costs and benefits) that represent, on net, about 8 percent of the total. For the remaining portion of the net cost, households in the lowest income quintile would see an average net benefit of about $40 in 2020, while households in the highest income quintile would see a net cost of $245."
21 Jun 2009, 07:13 AM Reply Like

AltonDelmote Comments (4)
 
It is extremely obvious that given our environments limitations in coping with all of the poisons we have been literally dumping into it.

Thanks
pennyinvest.com
20 Oct 2010, 12:38 AM Reply Like