It looked like a reverse make-me-do-it – President Obama in his State of the Union address saying don’t-do-that-again to some of his most committed supporters. An array of groups had written to him just two weeks earlier about the failings of an “all of the above” energy policy, and the first words in his speech […]
US climate policy is unfolding under the Clean Air Act. Mobile source and construction permitting regulations are in place. The US Environmental Protection Agency (EPA) has developed draft final rules for the performance of new power plants. Most important, EPA and the states will soon determine the form and stringency of the regulations for existing […]
How Have Recent Fuel Economy and GHG Standards for New Passenger Vehicles Affected the US and European Markets?
In the second post of a two-part series, RFF Fellow Joshua Linn examines how recent standards have affected the type and rate of technology adoption in new vehicles. Click to read the first installment. Concerns about global warming and energy security have caused many countries to tighten passenger vehicle standards for greenhouse gases and fuel […]
In the first of a two-part series, RFF Fellow Joshua Linn explains how vehicle manufacturers respond to tightening fuel economy standards. Click to read the second installment. Though the Corporate Average Fuel Economy (CAFE) standards have been regulating the fuel economy of US vehicles since 1978, the levels of the standards were pretty much flat […]
A national tax on carbon emissions would offer an opportunity for deficit reduction and/or tax reform, as well as climate change mitigation. Economists studying taxes on environmental harms, such as carbon emissions, often suggest that the tax be set according to the damage inflicted by the last unit of emissions. In the case of carbon, […]
Whether you’re designing a carbon tax or experimenting with a cap-and-trade policy, carbon pricing affects all participants differently. Potential inequality under a carbon tax has been a particular concern for energy-intensive, trade-exposed (EITE) sectors, whose energy-heavy processes and competitive global markets make them particularly vulnerable to carbon pricing disparities across countries. Politicians acting in the […]
From the late 1980s to about 2004, the average fuel economy of new passenger vehicles in the United States declined gradually. Then, over the past 10 years, fuel economy jumped suddenly, up almost 20 percent by 2012. In a recent paper, my colleague Shefali Khanna and I ask which end of the production line explains […]
The Clean Air Act provides the current regulatory framework for climate policy in the United States. A key component of US policy as called for in President Obama’s recent memorandum to the US Environmental Protection Agency (EPA) will be the use of flexible approaches in achieving reductions in greenhouse gas emissions. EPA is expected to […]
The new CAFE standards may require complementary policies to meet the ambitious goals of reducing fuel consumption and greenhouse gas emissions. In a new RFF discussion paper, I examine the new footprint standards, their implications for changes to the size mix of vehicles, and the role of credit policies on compliance and cost-effectiveness of the […]
Tax exemptions, industry rebates, and border tax adjustments can help protect the competitiveness of industries affected by a carbon tax, but they are not equally efficient at achieving economic and environmental goals. In the latest issue of Resources, Richard Morgenstern, Nathan Richardson, and I examine the issues. Read more here.