The U.S. Congressional Budget Office released its final analysis of the impact pending clean energy and carbon-emissions regulations are likely to have on the federal budget and deficit for more than a decade. The bottom line is that the planned energy and environmental programs would increase federal revenues by about $846 billion and increase...
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The voluntary carbon markets nearly doubled in size and more than doubled in value between 2007 and 2008, from 65 million tons of credits traded worth $331 million in 2007 to 123 million tons worth $705 million in 2008. While the OTC market grew by 26 percent between 2007 and 2008, most of the...
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The U.S. House of Representatives Committee on Energy and Commerce approved the American Climate and Energy Security Act (H.R. 2454) today by a vote of 33 to 25. “This bill will create millions of new clean energy jobs, said Rep. Jay Inslee (D-Wash.), “ harness America’s innovative genius to break our country’s dependence on...
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Democrats in the U.S. House of Representatives are finalizing a number of details of a climate-change bill, which will likely be approved by the House Energy and Commerce Committee before the end of May. Republicans have stonewalled legislative efforts to enact a federal “cap and trade” scheme that would reduce emissions of carbon dioxide and other...
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Testimony of Lisa P. Jackson Administrator, U.S. Environmental Protection Agency Hearing on EPA’s 2010 Budget Proposal Environment and Public Works Committee United States Senate Madam Chairman and Members of the Committee, I am delighted to appear before you today to discuss how the proposed FY 2010 Budget request for the Environmental Protection Agency is designed to...
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Need to stop a hurricane barreling across the Gulf of Mexico? Try dumping a film of crude oil over a large patch of ocean directly in the storm’s path. If that doesn’t work, try exploding a nuclear warhead directly in the hurricane’s eye. At least that was what military researchers in the now-defunct U.S....
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The World Bank released the World Development Indicators (WDI) 2009 today, revealing through a mosaic of international data sources the sudden drop in benefits developing countries have accrued from a long period of global prosperity as the financial collapse of 2008 has evolved into a general economic malaise in 2009. Several decades of sustained...
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Industry leaders are expanding efforts to protect their intellectual-property portfolios in the cleantech space as negotiators prepare for United Nations climate-change talks this summer. Businesses concerned that certain countries are likely to push for compulsory licensing carve-outs for alternative energy innovations have formed a coalition backed by the U.S. Chamber of Commerce, several large...
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