If Colorado Imposes Cap-and-trade, Kiss Cheap Gas Goodbye
In 2008, President Obama said that, “Under my plan of a cap and trade system, electricity rates would necessarily skyrocket.” That’s exactly what’s happened in California to energy costs broadly. The Washington Post recently ran an op-ed by Dominic Pino arguing that California’s cap-and-trade program is responsible for the state’s high and volatile gas prices. […]
Xcel Energy’s Versatile, Profitable Carbon Tax
To my knowledge, Colorado is the only state in which regulators allow utilities to incorporate a carbon tax into the economic models used to make resource acquisition decisions (see here and here). Ratepayers can’t see it in their monthly bill, but the tax is used in the models, and the models dictate spending. It’s the […]
EPA’s Ozone Decision Means That HB 1365 Is Most Cost-Ineffective Environmental Policy, Ever
The putative mission of HB 1365 is for Colorado to address “reasonably foreseeable” federal air quality regulations in a holistic fashion, which is supposedly more cost-effective than a piece-meal approach. When it rolled out the legislation, the Ritter administration told the PUC that there were eleven “current and foreseeable air quality requirements (see slides 13 […]
The Climate Trust Scam
A couple of years ago, the Antiplanner described a Portland program of accepting carbon-offset funds to do traffic signal coordination. While I support signal coordination, the claimed benefits seemed outlandish. When I found out that the money came from an organization called Climate Trust that was co-founded by the director of Portland’s Office of Sustainable […]
