The Volokh Conspiracy » Blog Archive » “Cap-and-Trade Is Dead” — Long Live Cap-and-Trade?

[Note: In anticipation of the inevitable comments that the truly rational climate policy is to do nothing, I think there are plenty of independent reasons to prefer taxing consumption over taxing income even if one is unconcerned about carbon dioxide and other emissions.]

Cap and Trade is Dead - Reason Magazine

Instead of setting an overall national reduction target, the new scheme would apply different forms of carbon rationing to three major industrial sectors: electric utilities, transportation, and manufacturers.

Details of the new scheme are sketchy, but under the Kerry-Graham-Lieberman approach cap and trade is only partially dead. Cap and trade would still apply to electric utilities while a carbon tax would be imposed on gasoline, diesel, and jet fuel. Some sort of carbon rationing would later be phased in for manufacturers.

PJTV - Specials - Climategate Minute: Lord Monckton v. Al Gore: Doubling Down On Global Warming

Lord Christopher Monckton tells Bill Whittle that he's going after former Vice President Al Gore and his dubious doomsday claims about climate change.

PJTV - Specials - [26 min] - COMPLETE PJTV INTERVIEW Climategate: Al Gore Doubles Down & Lord Monckton Ups The Ante Against Him