By Elliott Negin ExxonMobil executives just had another opportunity to convince skeptics that their support for a carbon tax is genuine. They blew it. On July 23, Florida Rep. Carlos Curbelo introduced a bill that would place a $24 per ton tax on carbon emissions and dedicate 70 percent of the revenue to rebuilding U.S. […]
By Mary Hoff Klaus Lackner has a picture of the future in his mind, and it looks something like this: 100 million semi-trailer-size boxes, each filled with a beige fabric configured into what looks like shag carpet to maximize surface area. Each box draws in air as though it were breathing. As it does, the […]
Environmental organizations are calling foul on a carbon tax and dividend plan announced today that was supported by ExxonMobil, BP, Shell and other influential businesses, individuals and organizations. The Climate Leadership Council, developed by former cabinet members James Baker and George Shultz, have crafted a plan designed to fight climate change by taxing carbon emissions […]
Ivanka Trump and Jared Kushner pushed President Trump to exclude language that criticized the Paris agreement from an upcoming executive order, the Wall Street Journal reported Thursday evening. According to the Wall Street Journal’s multiple sources, the upcoming executive order targeting Obama-era climate regulations now excludes any mention of the deal due to the Kushners’ […]
A group of former Republican officials (including James A. Baker, Henry Paulson, George P. Shultz, Marty Feldstein and Greg Mankiw) are proposing a carbon tax starting the tax at $40 per ton, that would gradually increase. The proceeds of the tax would be distributed to every American. The average family of four would receive $2,000 […]
Elon Musk‘s tweets are causing quite a stir this week. The frequent tweeter surprisingly endorsed President Donald Trump’s nomination for Secretary of State and provided some hints about his mysterious tunnel project. First, the sustainable energy advocate raised a lot of eyebrows on Tuesday after tweeting his support of former ExxonMobil CEO Rex Tillerson as […]
Even though Elon Musk once said that Donald Trump “doesn’t seem to have the sort of character that reflects well on the United States,” the Tesla/SpaceX CEO is joining the president-elect’s Strategic and Policy Forum, an advisory board for the president on business issues. Uber CEO Travis Kalanick and PepsiCo CEO Indra Nooyi were also […]
Key environmentally-related ballot measures in six states received mixed results yesterday. On the plus side, Florida voters saw through utility industry efforts to thwart the state’s burgeoning solar energy business and California voters appeared to affirm the state’s ban on single-use plastic bags. Both Massachusetts and Oregon passed key animal protection laws. But, two historically […]
Carbon price: The price for avoided or released carbon dioxide (CO2) or CO2-equivalent emissions. This may refer to the rate of a carbon tax or the price of emission permits. In many models that are used to assess the economic costs of mitigation, carbon prices are used as a proxy to represent the level of […]