Search Results for carbon-trading
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Expert Insight

Should the EPA Spur Emissions Trading?

Author(s): William Murray
Federal Energy Manager, Energy Policy
R Street Institute
Date: July 31, 2018 at 10:45 AM

The Trump administration is close to an official announcement freezing fuel economy standards for U.S. cars and light-trucks at their 2020 levels (roughly 35-37 miles per gallon), rather than continuing to increase them to around 50 mpg by 2025. The end of Obama-era standards should not be interpreted as either a terrible idea for the environment or a victory for automakers and polluters. Instead, it’s an opportunity to end a regulatory system that failed to deliver on its promises for decades. Congress’ intent when it passed the 1975 Corporate Average Fuel Economy (CAFE) Act was to reduce the amount of… [more]

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Expert Insight

The European Union’s Emissions Trading System: Climate Model, Now Climate Muddle?

Author(s): Wil Burns
Co-Executive Director
The Institute for Carbon Removal Law and Policy, American University
Date: July 15, 2013 at 10:26 AM

The European Union’s Emissions Trading System (EU-ETS) is an extremely important component of global climate policymaking. It represents more than 80% of the global market value of emissions trading permits and serves as the cornerstone of the EU’s response to climate change. Moreover, a number of other States and sub-national actors, such as California – which has the second largest carbon trading program in the world – have either linked their emissions trading systems to the EU-ETS, or contemplate doing so in the future. However, with the price of allowances plummeting a startling 83% from 2008-2013 the EU-ETS is abjectly… [more]

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