Time for a Price on Carbon

It's Time

Time for a price on carbon dioxide emissions -- full-cost, green acccounting June 2014

• Should there be a price on carbon - Wall Street Journal [1]

• What is a carbon price and why do we need one? - Guardian [2]

• It's time for a price on carbon [3]

• http://thinkprogress.org/climate/2014/06/22/3451687/hank-paulson-climate-crash-carbon-tax/

• http://www.rollingstone.com/politics/news/the-turning-point-new-hope-for-the-climate-20140618

• http://www.nytimes.com/2014/06/22/opinion/sunday/lessons-for-climate-change-in-the-2008-recession.html

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Regulatory Options

Wikipedia Carbon Tax -- Carbon Price -- Cap and Trade_Emissions Trading

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Government Policy

June 2014

President Obama re: CO2 emissions:

“[I]f there’s one thing I would like to see, it’d be for us to be able to price the cost of carbon emissions. … We’ve obviously seen resistance from the Republican side of the aisle on that. And out of fairness, there’s some Democrats who’ve been concerned about it as well, because regionally they’re very reliant on heavy industry and old-power plants. … I still believe, though, that the more we can show the price of inaction — that billions and potentially trillions of dollars are going to be lost because we do not do something about it — ultimately leads us to be able to say, ‘Let’s go ahead and help the marketplace discourage this kind of activity.’”

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Corporate Policy

Corporate planning for carbon tax/costing [4] [5]

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Social Costs / External Costs (Externalities)

Social costs of carbon (est) - http://www.epa.gov/climatechange/EPAactivities/economics/scc.html