A new report from the Congressional Research Service looks how a carbon tax could be used for deficit reduction or other fiscal measures. The CRS projects that a tax rate of $20 per metric ton of carbon dioxide would generate approximately $88 billion in 2012 and up to $144 billion by 2020. This would be […]
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Posted inMoney, Politics, and Power
The Rising Death Toll from Climate Change
A new study finds that climate change is already contributing to 400,000 deaths per year and costing the world more than $1.2 trillion, or 1.6 percent of global GDP. The report was commissioned by 20 governments and written by more than 50 scientists, economists and policy experts. In the report, the authors detail how the […]
Posted inMoney, Politics, and Power
Fracked up Logic
As we’ve written, New York is considering allowing fracking in limited areas of the state, despite the environmental and economic damage that comes with the practice. In the latest development, the Department of Environmental Conservation’s (DEC) Commissioner Joseph Martens dismissed calls for an independent analysis of the health impacts of fracking, employing some fracked up […]
Posted inMoney, Politics, and Power
Montreal Protocol Success Shows Path for Climate Change
This week marks the 25th anniversary of the Montreal Protocol, which reduced or eliminated the use of chemicals that led to ozone depletion. As a result, the ozone layer is now on track to recover in 50 years, an impressive feat considering the size of the hole in the ozone layer. The Protocol has been […]
Posted inMoney, Politics, and Power
Montreal Protocol Success Shows Path for Climate Change
This week marks the 25th anniversary of the Montreal Protocol, which reduced or eliminated the use of chemicals that led to ozone depletion. As a result, the ozone layer is now on track to recover in 50 years, an impressive feat considering the size of the hole in the ozone layer. The Protocol has been […]
Posted inMoney, Politics, and Power
Montreal Protocol Success Shows Path for Climate Change
This week marks the 25th anniversary of the Montreal Protocol, which reduced or eliminated the use of chemicals that led to ozone depletion. As a result, the ozone layer is now on track to recover in 50 years, an impressive feat considering the size of the hole in the ozone layer. The Protocol has been […]
Posted inMoney, Politics, and Power
Big Oil’s Political Blitz
News came out last week that fossil fuel interests have spent over $153 million in television ads attacking the President’s clean energy agenda, including criticizing new air pollution rules and the delay of the Keystone XL pipeline. This figure is likely to grow, as there is still two months before the election. And, this is […]
Posted inMoney, Politics, and Power
Big Oil’s Political Blitz
News came out last week that fossil fuel interests have spent over $153 million in television ads attacking the President’s clean energy agenda, including criticizing new air pollution rules and the delay of the Keystone XL pipeline. This figure is likely to grow, as there is still two months before the election. And, this is […]
Posted inMoney, Politics, and Power
New Report Highlights Benefits to Natural Capital Accounting
A new report from the World Business Council for Sustainable Business details the importance of environmental accounting. As the report highlights that while every business depends on ecosystems, these resources are being rapidly depleted. The impact that resources depletion has on businesses is multi-layered: Ecosystem change presents both business opportunities and risks, such as operational […]
Posted inMoney, Politics, and Power
New Report Highlights Benefits to Natural Capital Accounting
A new report from the World Business Council for Sustainable Business details the importance of environmental accounting. As the report highlights that while every business depends on ecosystems, these resources are being rapidly depleted. The impact that resources depletion has on businesses is multi-layered: Ecosystem change presents both business opportunities and risks, such as operational […]