Carbon Markets

MIT Study: Applying Carbon Tax Can Relieve US Budget Deficit

Biofuels, Carbon Markets, Coal Power, Electric Vehicles, Emissions, Energy Efficiency, Environmental Markets, Fossil Fuels, Natural Gas, Nuclear Power, Oil, Power & Utilities, Renewables, Smart Grid, Solar Power, Wind Power

According to a report released by Massachusetts Institute of Technology (MIT) on August 27, 2012, applying a carbon tax at the rate of $20 per ton in 2013 and increasing it by four percent per year can raise $1.5 trillion over a span of 10 years.  The report, which comes at a time when Congress…...

Kerry-Lieberman Energy and Climate Bill Introduced in U.S. Senate

Carbon Markets, Emissions, Environmental Markets

  On May 12, Senators John Kerry (D-Mass) and Joe Lieberman (I-Conn) introduced the discussion draft of the American Power Act—their long-awaited energy and climate change legislation. The bill’s stated goal is to “secure the energy future of the United States, to provide incentives for the domestic production of clean energy technology, to achieve meaningful…...