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Posts Tagged ‘cap and trade’

Oil companies have been pressuring skittish Democrats to remove fuels from the cap-and-trade system, even though doing so would significantly reduce the revenues that system brings in. But help is on the way, pledges Tom Steyer: Billionaire environmental activist Tom Steyer, who has pledged to spend $100 million in the midterm elections to push his […]

Jul 29th, 2014 | Filed under Uncategorized

A common criticism leveled against the California high speed rail project is that private investors haven’t committed anything to the project. That’s always been a flawed argument. This blog has repeatedly made the point that private investment will show up once the state government has shown it is committed to delivering its own funding to […]

Jul 21st, 2014 | Filed under Uncategorized

California Democrats just adopted a budget that includes ambitious spending plans for cap-and-trade revenues. That’s as it should be. But you’d think Democrats would be a bit more cautious before they go undercutting the source of those funds. That is what 16 Democrats are proposing to do. They recently wrote to the California Air Resources […]

Jul 6th, 2014 | Filed under Uncategorized

Of all the lunatic claims touted by those who oppose high speed rail, this has to be the craziest. Stuart Flashman and David Schonbrunn of TRANSDEF, two leading anti-HSR advocates, are suing to stop high speed rail because they claim that an electric train powered by renewable energy would somehow make climate change worse: TRANSDEF […]

Jun 23rd, 2014 | Filed under Uncategorized