Market-Based Policies

A growing number of jurisdictions are adopting market-based climate policies. By putting a price on carbon, these policies give businesses the incentive to innovate so they can cut emissions at the lowest possible cost.

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Short Summary of the American Power Act (Kerry-Lieberman)

On May 12, 2010, Senator Kerry (D-MA) and Senator Lieberman (I-CT) released their draft legislation, the American Power Act (APA). This bill contains a comprehensive, sector-based approach to enhancing energy security, spurring the development and deployment of clean energy technologies, …

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Article
Carbon Market Oversight and Regulation

This article originally appeared in Point Carbon News.   At the heart of any successful cap-and-trade program is a well-functioning market for the trading of emissions allowances.  At the same time, the recent high-profile market scandals and crises have led …

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Paper
Summary of the Carbon Limits and Energy for America’s Renewal (CLEAR) Act (S.2877)

On December 11, 2009, Senators Maria Cantwell (D-WA) and Susan Collins (R-ME) introduced the Carbon Limits and Energy for America’s Renewal (CLEAR) Act (S..2877 of the 111th Congress). This bill would puts limits on carbon emissions. It auctions all of the allowances …

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Publication
Carbon Market Design and Oversight: A Short Overview

At the heart of any successful cap-and-trade program is a well-functioning market for the trading of emissions allowances. The sulfur dioxide allowance market created under 1990 Clean Air Act Amendments to control acid rain is an example of such a …

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Publication
Economic Insights from Modeling Analyses of the American Clean Energy and Security Act

Economic models are an important tool for evaluating the potential impact of proposed legislation on our economy. This brief compares modeling analyses of the House-passed clean energy and climate bill (H.R. 2454) conducted by seven different groups including government agencies, …

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Publication
Assessing Offset Quality in the Clean Development Mechanism

The Offset Quality Initiative (OQI) responds to the intensifying debate over international offsets by releasing a policy paper assessing offset quality in the Clean Development Mechanism (CDM). In the paper, titled “Assessing Offset Quality in the Clean Development Mechanism,” OQI …

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Publication
In Brief: What the Waxman-Markey Bill Does for Coal

Coal is an inexpensive and abundant domestic energy resource; the United States has larger coal reserves than any other country—likely enough to sustain current production levels for more than two centuries. Coal prices are generally less volatile than those of …

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Publication
In Brief: What the Waxman-Markey Bill Does for Agriculture

Agriculture, likely one of America’s most vulnerable sectors to a changing climate, has much to gain from a comprehensive climate policy.  Agriculture’s vulnerability to climate change was highlighted in a recent study by the U.S. Global Change Research Program (including …

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Paper
Waxman-Markey Short Summary

On June 26, 2009, the American Clean Energy and Security Act (ACES Act) was passed by the U.S. House of Representatives by a vote of 219 to 212. The bill contains five distinct titles: I) clean energy, II) energy efficiency, …

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Publication
Maintaining Carbon Market Integrity: Why Renewable Energy Certificates Are Not Offsets

This brief explains how and why renewable energy certificates (RECs) differ from greenhouse gas (GHG) emission offsets (offsets). While the Offset Quality Initiative (OQI) is a strong supporter of renewable energy and believes it has a critical role to play …

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