12 May 2009:
Climate Bill May Contain
Free Permits, Lower Renewables Goal
Roughly half of the permits issued to major carbon dioxide emitters will initially be given away for free
, rather than auctioned, according to cap-and-trade legislation being hammered out in a key congressional committee. ClimateWire reported that Henry Waxman, chair of the House Energy and Commerce Committee, is working on a plan that would give away about 35 percent of total emissions permits to utilities, 10 to 15 percent to trade-intensive industries such as steel and cement, and up to 5 percent to petroleum refiners. In addition, Waxman is expected to agree to lower the national target for renewable energy generation from about 25 percent of the country’s energy needs by 2020 to roughly 20 percent, with some of that target being met by improved energy efficiency. Waxman and some members of the Obama administration had hoped to require all major carbon dioxide emitters to purchase emissions permits at auction, but cap-and-trade proponents have had to soften their stance to win over conservative Democrats. The legislation, if approved by the full Congress, would move to a 100 percent auction system within 10 to 15 years, ClimateWire reported.
Yale Environment 360 is
a publication of the
Yale School of Forestry
& Environmental Studies
Yale Environment 360
articles are now available in Spanish and Portuguese on Universia
, the online educational network. Visit the site.
Business & Innovation
Policy & Politics
Pollution & Health
Science & Technology
Antarctica and the Arctic
Central & South America
Photographer Robert Wintner documents the exquisite beauty and biodiversity of Cuba’s coral reefs, which are largely intact thanks to stifled coastal development in the communist nation. View the gallery.
is now available for mobile devices at e360.yale.edu/mobile
The Warriors of Qiugang
, a Yale Environment 360
video, chronicles a Chinese village’s fight against a polluting chemical plant. It was nominated for a 2011 Academy Award for Best Documentary Short.
Watch the video.
Top Image: aerial view of Iceland
. © Google & TerraMetrics.
A three-part series Tainted Harvest
looks at the soil pollution crisis in China, the threat it poses to the food supply, and the complexity of any cleanup. Read the series.