Why Sen. Lindsey Graham thinks putting a price on carbon is the key to generating American jobs.
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The U.S. Chamber of Commerce’s opposition to climate-change legislation has cost it another member. Exelon, one of the biggest utilities in the U.S., said this morning it will leave the business lobby because of the latter’s increasingly strident opposition to climate legislation According to conventional wisdom, clean coal is the great hope for China, and China is the great hope for clean coal. Makes sense—the world’s biggest greenhouse-gas emitter has a fast-growing economy powered by coal. If a week is a lifetime in politics, what is five days? The draft Waxman-Markey energy and climate bill is a “huge mistake” and a big “energy tax” that will “increase the cost of living and maybe kill jobs,” former House speaker Newt Gingrich told the House committee behind the bill. photo: BillMcKibben.com Yale Environment 360 is running a new interview with Bill McKibben on why he’s no focused full time on organizing a citizen’s movement around climate change which is interesting in the whole (as McKibben’s thoughts most often are), but the really poignant thing in it is why he thinks a cap-and-dividend approach to setting a price on carbon is the right way… Well, corn ethanol is off the hook for rising food prices last year, if anybody other than the renewable-fuels lobby is still keeping score. No harm, no foul (AP) A new report by the Congressional Budget Office today says U.S. corn ethanol accounted for only 10% to 15% of the increase in food prices between April 2007 and April 2008 |
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