Posts Tagged ‘cap and trade’

Will it Cost $45 Trillion or $545 Trillion to Reduce CO2 Levels by Half

June 11, 2008

Last week, the International Energy Agency (IEA) released its Energy Technologies Report . In the report, IEA estimated that cutting carbon dioxide levels in half by 2050 would cost $45 trillion. While reports like this are always based on a number of assumptions, one very important assumption in this case is the amount of “spontaneous [...]

Cap & Trade Rhetoric: Up is Down, Taxes Create Jobs, Less Growth is Good Growth

June 2, 2008

By William Koetzle   In her weekly radio address on Saturday, U.S. Senator Barbara Boxer (D-CA) urged support for the carbon “cap and trade” bill (S. 2191, the Lieberman-Warner Climate Security Act), on which the Senate begins debate today.  She urges support, not only on the basis that it’s needed to save the Earth as [...]

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