Cap and Trade – Delaware Liberal

Cap and Trade is Not a Tax; or Why Delmarva Dealings Failed His Economics Class

By cassandra_m March 16, 20107 Comments

Because in spite of this attempt to invoke this appeal to the authority of a basic economics class (which this person Cato has clearly never had), just claiming that TAXES…

Delaware Makes $2M on Cap and Trade and the World Still Has Not Come to an End

By cassandra_m March 14, 20104 Comments

Sacré bleu! Cap and trade, you say?? Yes -- as we've previously reported (here and here), Delaware has been part of the Regional Greenhouse Gas Imitative since September 2008.

The Next Battle – Cap and Trade

By pandora December 29, 20092 Comments

This isn't looking good. Via Matt Yglesias: Lisa Lerer’s Politico piece on how moderate Senate Democrats don’t want to do a cap-and-trade bill is extremely frustrating. Neither Mary Landrieu nor…

Republicans Heading To Copenhagen To… I Have No Idea

By pandora December 9, 200933 Comments

Has anything like this ever happened before? House Republicans are preparing for a trip to Copenhagen and looking to derail Democratic efforts to negotiate an international climate agreement. About a…

Cap and Trade One Year Anniversary and the World Has Not Come To An End

By cassandra_m September 15, 20095 Comments

Oh yes -- we already have cap and trade! It is called the Regional Greenhouse Gas Initiative (RGGI) and it is a year old this month. 10 states in the northeast banded together to try to reduce greenhouse gas emissions from power plants in the region and installed their own version of a cap and trade program. Every power plant in the area needs to buy allowances to emit greenhouse gasses. Allowances are sold on auction quarterly. At some point, the number of allowances on the market get scaled back -- increasing the price of the allowance and sending a signal to the plant that it may be cheaper to reduce their emissions.