Pricing carbon: Is this the year?

ICAP

At the close of COP21, French President Francois Hollande promised to build on the Paris Agreement by advocating for a global carbon tax. Putting a price on carbon has been done at regional, national, and subnational levels thus far. Some jurisdictions have used the cap and trade approach while others have levied a carbon tax. Today the…
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California Leads Subnationals in Setting a High Bar for COP21 Negotiators

Governor Brown speaks for subnationals (From: the Office of Governor Brown)

The VLS delegation had the privilege yesterday to attend an intimate presentation given by Mary Nichols, Chair of the California Air Resources Board, and Ken Alex, the Director of the Governor Jerry Brown’s Office of Planning and Research. Mary and Ken candidly addressed a group of professional students and professors from UCLA and Vermont Law…
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Past as Prologue? Joint Implementation and the Future for Flexibility Mechanisms

Trading

A recent report by the Stockholm Environmental Institute (SEI) raises some serious questions about the integrity of the Joint Implementation (JI) program, one of the Kyoto Protocol’s main flexibility mechanisms. Since flexibility mechanisms are a core part of Geneva Negotiating Text, this report raises the question of how the UNFCCC will learn from its past mistakes as…
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Senator John Kerry: “Amateur hour is over. It’s time for science fact to trump science fiction.”

Wednesday, December 16, our last day in the Bella Center due to NGO restrictions, was an intense day.  In the first meeting, we witnessed the resignation of COP15 President Connie Hedegaard and several Heads of State statements, as well as the concern from developing countries regarding the imposition of the Danish text. I left the…
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Renewable Energy Advocates Get Upclose Look at Middelgrunden Windfarm.

Denmark has been a leader in renewable and clean energy for over 40 years.  While some policies were perhaps misguided, like banning car use on Sundays in the 1970’s, slow but steady expansion of the country’s renewable energy portfolio has allowed the country to maintain its emission levels while boasting of continuing healthy economic expansion. …
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The Truth About Cap-and-Trade

Three cheers for Lesley McAllister! In a recent article, this empirically-minded law professor explains why so many cap-and-trade programs have not made any dent in the emissions they were meant to control (34 Colum. J. Envtl. L. 395, 2009). Ever since I read this article a few weeks ago, I have been pondering its implications…
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