The bill is out…so how are things going?
All the analysis done already for the recent Kerry-Boxer bill. (here)
And for those still in the camp of carbon-taxes and double dividends, Environmental Economics has a good post on where assessing efficiency is too complicated when deciding the optimal amount for how much polluters should pay. Rather, we would should cap the amount of carbon that can be exhausted now to prevent further exhaust in the future. It doesn’t gain much in public revenue, but isn’t the purpose of this to save the planet? Let’s do it in a way industry groups don’t have to kick and scream their way through the senate votes.
Oh, wait, many of them were doing that already.