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Policy & Enforcement Briefing: Carbon Tax Axed, EPA Sued over ‘Sue and Settle’

Australian prime minister Kevin Rudd yesterday announced that the country will replace its carbon tax with a market-based trading system one year ahead of schedule, the New York Times reported. The change is expected to sharply cut the July 2014 cost of carbon, from a projected US$23.30 per metric ton to … Read more »

Container ship Olga Maersk

Policy & Enforcement Briefing: Feds’ Carbon Cost, Ship Emissions, ‘Sue and Settle’

Rep. Duncan Hunter (R-CA) introduced a bill that would force the White House to seek public feedback on its estimate for the social cost of carbon. The administration raised its estimate to $38 per metric ton in 2015, from $23.80, as part of standards for microwave ovens. But the calculation … Read more »