cap and trade

In an election year, with a depressed economy and sentiment turning against the Democrats, passing cap-and-trade was sure to be difficult.

And a cap-and-trade system sounds "a bit like buying indulgences from the ancient church, " he told the Wall Street Journal.

To see why a serious cap-and-trade system doesn't have to come at the expense of economic growth, take a look at California.

President Obama acknowledged that the U. S. has not been able to pass a cap-and-trade system aimed at regulating pollution, but noted U.

The chances of that have recently receded, following the United States Senate's failure in July to approve a proposed cap-and-trade scheme.

Last summer he said he would vote against a cap-and-trade scheme as a senator, though he had voted for the plan in the House.

Barack Obama is keen to curb greenhouse-gas emissions with a cap-and-trade scheme. Can Congress come round to his way of thinking?

To sign up to an international deal, Mr Obama must first secure domestic legislation for a carbon cap-and-trade regime.

Once cap-and-trade is in place (if it ever passes the Senate), it will be easier for the market to have its say on such schemes.

The question, in the absence of cap and trade, is what kind of power is going to take the place of those old coal plants.

The U. S. Environmental Protection Agency (EPA) has nearly 20 years of experience designing, operating and assessing cap-and-trade programs.

Scott Brown of Massachusetts voted for a regional cap-and-trade program two years ago as a state senator.

It would not substitute for cap-and-trade, but would leave less work for it to do.

Proposals for a national cap-and-trade system are scheduled for consideration by the next U. S. Congress.

The cap-and-trade bill does not do nearly enough to limit carbon emissions from politically powerful industries.

"Cap and trade, " as it is called, is advocated by several policymakers, industry leaders, and activists who want to fight global warming.

Many advocates of a cap-and-trade system said it was necessary, but not sufficient on its own, to control climate change.

Whereas half of the respondents to the Pew poll who knew about cap-and-trade supported the idea, 55% had never heard of it.

A more common objection to Mr Obama's cap-and-trade proposal is that it would amount to a huge tax hike in the middle of a recession.

The United States' first regional cap-and-trade programme is in peril, the latest victim of the country's divided climate politics.

Cap-and-trade legislation that sets a price on carbon emissions would not be a magic bullet for solar either.

He promised to end the war in Iraq, sort out the Taliban, provide health care for all and erect a cap-and-trade system to save the planet.

Needless to say, people like Newt Gingrich, who says that cap-and-trade would "punish the American people, " aren't thinking that way.

That uncertainty comes courtesy of the U. S. Senate, which is still locked in debate over carbon cap-and-trade legislation.

What Hansen draws attention to is the fact that in a cap-and-trade world, acts of individual virtue do not contribute to social goals.

Mr Boccieri's vote in favour of cap-and-trade is extremely damaging in a state that depends on coal for almost all of its power.

A somber-looking Obama admitted during a news conference that there is no support for a cap and trade bill to control emissions.

The US House of Representatives approved a cap-and-trade bill to fight climate change in 2009, but the Senate never approved such a measure.

Mr Rubio is wooing them by vowing to stand up to Mr Obama: on taxes, on health care and on cap-and-trade.

Is a cap - and- trade program along the lines of the model used to reduce sulfur dioxide the right way to go ?

The weakening of this bill illustrates one of the central problems with cap-and-trade systems.

Some senators worry that the costs of a cap-and-trade scheme may spiral out of control.

The most likely form of regulation is a cap-and-trade system, similar to the one already used in Europe.

One of the mistakes the Europeans made in setting up a cap-and-trade system was to give too many of those permits away.

John Kerry, one of the Senate's cap-and-trade champions, now says he hopes for a vote on the bill only in the spring.

A cap-and-trade system can be made to work, but the price has to settle at a level that affects commercial decisions.

America then walked away from Kyoto, but Europe introduced cap-and-trade in 2005 and the next American president is likely to adopt it.

That said, new taxes are a tough sell in Washington, which helps explain the current preference for a cap-and-trade scheme.

Also like Mr Obama, he proposes a cap-and-trade system for greenhouse gases, but he would give away the permits, not auction them.

She voted against all the bills that have become red rags to the right, including TARP, the stimulus, cap-and-trade and health-care reform.

You could join other leaders in mandating, lobbying for mandated cap and trade in U. S. greenhouse gas reductions.

As the battle over a cap-and-trade bill continues in Congress, the industrial Midwest finds itself playing an awkward role.

Most of these measures would be unnecessary if a cap-and-trade scheme were in place.

"I believe during Copenhagen you'll see the Chinese and the Americans making a statement on cap and trade, " he said.

He has a fighting chance to pass regulations on greenhouse gases, in the form of a "cap and trade" mechanism, through the Senate.

Mr Obama tried to get Congress to curb greenhouse-gas emissions through a cap-and-trade scheme.

Most talk focuses on a "cap and trade" system, in which companies would buy and sell permits to emit dwindling amounts of greenhouse gases.

Mr Wen also spoke of extending a nationwide mining and resources tax, and a potential cap-and-trade pollution tax.

Supporters of a tax on emissions, an alternative to cap-and-trade advocated by many economists, are few and far between.

The demise of cap and trade in Congress, however, does not call a complete halt to the administration's efforts to cut emissions.

Are the opponents of cap-and-trade relying on different studies that reach fundamentally different conclusions?

Its sponsors had to work twice as hard to produce this breakthrough cap-and-trade legislation. Why?

In practice there are a couple of important differences between cap and trade and a pollution tax.

If the United States does not have a cap-and-trade law in place by then, the chance of a global agreement will plummet.

But in 1990 the United States went ahead anyway with a cap-and-trade system for sulfur dioxide.

For Europe, agreeing to Kyoto's 2012 targets was the easy part, but the Continent has fumbled in managing the treaty's cap-and-trade system.

A yet-to-be-designed cap-and-trade programme for carbon emissions will raise additional revenue.

To prepare in advance Cap-and-trade is the trend of climate change adaptation. China must prepare in advance on this issue.

Fans of a cap-and-trade system tout it as the ultimate jobs program.

Congress is inclined to give away rather than sell permits to emit carbon dioxide in its cap-and-trade programme.

MANY commentators fear that Barack Obama's plans for a cap-and-trade bill have got fatally stuck in the Senate.

In practice, cap and trade has some major advantages, especially for achieving effective international cooperation.

President Obama is doing it, he has done the tailpipe standards, he has started putting in legislation for a cap-and-trade scheme.

But there are several virtues of a tax on carbon emissions relative to a cap-and-trade program.

Cap and trade can only work with verifiable, legally binding caps.

The president also used the opportunity the oil spill presented to push cap-and-trade legislation.

To avoid these pitfalls, some cap-and-trade advocates want to set price floors and ceilings within carbon-trading systems.

It would establish a cap-and-trade system for curbing carbon-dioxide emissions, thus transforming the way Americans use energy.

Would implement an economy-wide cap-and-trade program to reduce greenhouse gas emissions to the level recommended by top scientists.

Ultimately, these major adaptation costs should be covered by proceeds from cap and trade legislation.

She sometimes says things that make no sense: whatever its flaws, cap-and-trade is not a Ponzi scheme.

Yet it will not happen, because a higher petrol tax is politically even more unacceptable to Mr Obama and Congress than cap-and-trade.

In contrast, a cap-and-trade program creates emissions permits that provide substantial economic value to firms and industries.

Moreover, the researchers say, those industries will have the most financial risk if the cap-and-trade proposal is approved.

A cap-and-trade system would raise the price of anything that, directly or indirectly, leads to the burning of fossil fuels.

Corruption, imprecision and inexperience are major hurdles that China has yet to overcome in establishing a cap-and-trade scheme.

Under cap-and-trade, emission rights would just be another scarce resource, no different in economic terms from the supply of arable land.

Already cap-and-trade schemes are springing up in some American watersheds because of concern about the spread of dead zones.

S. carbon emissions. On Monday, U. S. lawmakers kicked off debate on legislation creating a 'cap and trade' system for curbing pollution.

Hence, the environmental equivalent of Elvis vs. the Beatles: cap-and-trade carbon emissions, or impose a carbon tax on all users?

In Washington, proposals to launch a U. S. cap-and-trade program are crashing into similar fights among regions and industries.

He favours a voluntary cap-and-trade system for curbing carbon emissions, which is like arguing for a voluntary income tax.

He runs the Environmental Defence Fund (EDF), which invented the cap-and-trade system for cutting carbon emissions.

Cap-and-trade initiatives in Washington started much earlier, but have sunk in Congressional quicksand.

The speedy collapse of a cap-and-trade climate bill on June 6th also hinted at problems to come.

Mr Obama is, quite rightly, planning to introduce a cap-and-trade system, but he is also promising massive subsidies.

Most problematic of all, prospects for a cap-and-trade bill this year have deteriorated.

AMERICA will not pass a cap-and-trade law in time for the global climate-change summit in Copenhagen next month.

Uncertainty also hangs over energy prices, despite the apparent failure of cap-and-trade legislation.

Cap-and-trade can only work by raising energy prices.

Given that, it should go for a tough cap-and-trade system.

The alternative cap and trade system is cumbersome, unnecessary and politically dead.

Mr Obama's preferred device for cutting emissions, a cap-and-trade scheme, is designed to do just that.

A tax seems more attractive to me than "cap and trade" , for this reason.

First, several big companies have broken with trade associations that oppose the cap-and-trade bill now in the Senate.

But we now stand on the cusp of an even larger congressional blunder: cap-and-trade.

This ' cap- and- trade' system is meant to provide a financial incentive to reduce emissions .

A comprehensive Climate Bill to cap-and-trade carbon emissions crashed along with the US economy, after a spectacular ride.

In particular they chastised the government's advocacy of a cap-and-trade policy for greenhouse gas emissions.

But nations gathered at last month's Copenhagen climate summit declined to create a global cap-and-trade scheme.

The U. S. House in June passed cap-and-trade legislation.

Cap - and - trade systems are politically popular precisely because they disguise this sort of horse trading and make change sound painless.

To mimic the advantage ofa carbon tax, many cap-and-trade fans now want governments to auction at leasta share of the permits.

The danger in a cap-and-trade system is that the permits to emit greenhouse gases are given away for free as opposed to priced at auction.

The House passed its Waxman-Markey cap-and-trade bill over the summer, but the effort in the Senate has stalled.

The principal rap against cap-and-trade proposals is that they would be a drag on the economy.

New policy tools to reduce carbon and other pollution, through cap-and-trade systems, taxes and fossil fuel consumption limits.

India's move towards cap-and-trade is the latest in a series of shifts in Delhi's position on climate change.

Best of all, set a carbon tax, which is less susceptible to capture by business lobbies than is a cap-and-trade system.

Not only will Mr Obama now not sign a cap-and-trade bill before Copenhagen; the Senate is not even expected to pass one.

The European Union's experience with cap-and-trade over the past several years provides reason for caution.

Cap and trade is a bit more complicated.

The figures are drawn from pledges in existing planned US domestic cap and trade legislation.

Many Republicans denounce cap-and-trade as a "stealth tax" .

The giveaway is the strong tendency of conservative opponents of cap and trade to argue in bad faith.

His preferred iteration of cap-and-trade was weaker than Obama's and rife with corporate giveaways.

Abbott threatens to scuttle current Prime Minister Kevin Rudd's proposed cap and trade bill.

He has supported civil unions, he has talked about carbon tax or cap and trade, and greenhouse gases, " Rothenberg said. "

It also commits to "pursuing a North American cap-and- trade market" to limit carbon emissions.

He wants to reduce America's greenhouse-gas emissions by 80% before 2050 with a cap-and-trade system of carbon permits.

The House voted narrowly, by 219 to 212, in favour of a climate-change bill that establishes a cap-and-trade system to reduce emissions.

That would likely work best under a cap-and-trade or carbon tax system.

What about the case for an emissions tax rather than cap and trade?

Broad support from the voters is something that both the health bill and the cap-and-trade bill clearly lack.

All countries would come up with a "national schedule" of programmes, such as cap-and-trade and low-carbon regulations.

The leaders of both the House of Representatives and the Senate have promised to allow a vote on cap-and-trade this year.

Others believe that a vote for cap and trade would be electoral suicide.

The current meltdown may have delayed its arrival, but cap-and-trade is coming.

But the leap by Mr Graham, who voted against two earlier cap-and-trade bills, may well mean something.

Its cap-and-trade system has set a carbon price and cut emissions modestly in the sectors it covers.

A successor to the Kyoto protocol could greatly increase the size of this market, as could a cap-and-trade system in America.

The lack of pace of cap-and-trade in the Senate is an ominous sign.

Mr Kerry is the main author of the Senate's cap-and-trade bill.

Second, establish a price on carbon via either a tax or a cap-and-trade program to encourage low-carbon technologies.

Congress is unlikely to swallow the castor oil of cap-and-trade without such sweeteners, Washingtonians say.

The second is a cap-and-trade system of the sort Europe introduced to meet the Kyoto targets.

A pity, because most economists agree that carbon taxes are a better wayto reduce greenhouse gases than cap-and-trade schemes.

His cap-and-trade bill to reduce carbon dioxide emissions passed the House of Representatives in June.

That may leave big energy firms regretting their opposition to cap and trade.

Cap and trade would do little to change the economics of petroleum use but a lot to increase consumers' electric bills.

The deal's architects said that they want to use cap-and-trade schemes as part of China's energy- and carbon-intensity targets.

At Shell, our preference is for cap-and-trade systems that place a cap on the overall level of emissions permitted.

It's hard to fault environmental groups for pushing for cap-and-trade.

California will begin implementing the nation's most comprehensive cap-and-trade law in January 2011.

Given the Democrats' recent decision to drop a cap-and-trade bill in the Senate, that seems a long way off.

An alternative price-based approach to market failure is cap-and-trade.

The version of cap-and-trade passed in June by the House was meant to appease such critics.

He was for cap-and-trade before he was against it.

The U. S. cap and trade bill will be reconsidered by the Senate in the spring 2010.

Second, revenues from a cap-and-trade system of carbon mitigation make their debut.

His cap-and-trade bill to reduce carbon emissions has passed the House but languishes in the Senate.

I prefer a carbon tax over a "cap and trade" system.

Mr Obama still faces an almighty dust-up over cap-and-trade, in particular.

Krupp said, "it became clear that cap-and-trade is an element of the deal that is good for everybody. "

They would struggle to muster a bare Senate majority for cap-and-trade.

On climate change he, like Mr McCain, favours a cap-and-trade system.

Democrats generally endorse the cap-and-trade plan in the bill.

A cap-and-trade programme for carbon emissions that is yet to be designed will raise additional revenue starting in 2012.

Ten such senators wrote to Mr Reid in 2008 expressing grave misgivings about cap and trade.

Cap-and-trade schemes cause unnecessary economic damage because the priceof permits can be volatile.

The European Union has been at the forefront of cap-and-trade policy.

We will continue to experiment with the cap-and-trade emissions trading system.

That is Mr Obama's stated aim, but the prospects for a comprehensive cap-and-trade bill look poor.

While cap-and-trade legislation is stalled in the swamp we call "Congress, " the Chinese are racing ahead.

It will also set up a national cap and trade system.

Who will pay under cap and trade legislation?

Third, under a cap-and-trade system, the government issues permits to pollute.

Like the government, he supports a cap-and-trade scheme, allowing polluters to buy and sell permits for their carbon emissions.

But Chevron has already warned that Australia's cap and trade initiative could make the development of the Gorgon gas field uneconomical.

You have promised to institute a cap-and-trade scheme to reduce America's greenhouse-gas emissions.

Cap-and-trade must wait until early next year.

In America, the new president has pledged to cut emissions by instituting a cap-and-trade scheme: expect a drawn-out battle in Congress.

The most important way to rein in carbon emissions is to charge for them, either through taxes or with a cap and trade system.

That is what the experience from the cap-and-trade program for acid rain suggests: costs came in well below initial predictions.

He was afraid to make the case for cap-and-trade publicly.

The hope now is that passage of the cap-and-trade bill will occur in early 2010, in time for a new treaty.

Proposes reducing carbon emissions by 80 percent by 2050 by using a market-based cap-and-trade system.

The global recession, US mid-term elections and a weak Copenhagen deal all play a part in the future of cap-and-trade legislation.

it is still a cap-and-trade bill that seeks to reduce greenhouse-gas emissions by 17% on 2005 levels by 2020, and 83% by 2050.

He let cap-and-trade die in Congress.

The silver-tongued devil couldn't get the deal done on cap and trade.

Is China ready for cap-and-trade?

We need to use both cap and trade and carbon tax.

This composite approach is necessary because the charms of economy-wide cap-and-trade have faded badly.

The fear is that a cap-and-trade bill may expand a promising new sector but devastate a struggling, larger one.

In America, meanwhile, a proposed cap-and-trade bill got nowhere this year.

Most Republicans dismiss cap and trade as a job-killing stealth tax.

Ms Lincoln, who is facing a re-election battle next year, has described the House cap and trade bill as a "complete non-starter" .

The Emissions Trading Scheme (ETS), the European Union's mandatory cap-and-trade system, has been in operation since 2005.

The House passed a cap-and-trade bill last year on greenhouse gases.

Last year, the House passed a cap-and-trade bill that would have cut greenhouse gas emissions 17 percent below 2005 levels by 2020.

Mr Manchin ran an advertisement during his senatorial campaign featuring himself shooting the cap-and-trade bill with a high-powered rifle;

Obama's cap-and-trade energy plan threatens our economy and national security. We need to tap America's sources of energy

Ten north-eastern ones have already put a cap-and-trade scheme in place for utilities;

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