Californias Fight Against Climate Change: Creating an Economic Boom in the Inland Empire
Researchers at UC Berkeley and Berkeley Law, in a study commissioned by the nonprofit Next 10, found that California’s efforts to fight climate change added 41,000 jobs and $9.1 billion to the Inland Empire’s economy from 2010-2016. Many of these jobs were construction jobs that came from one-time construction investments in building renewable energy power plants. […]
Renewable Energy (More or Less) Survives the GOP Tax Bill
While some GOP lawmakers in the House and Senate wanted to kill federal subsidies for electric vehicles, wind, and solar power, the final version of the tax bill keeps the wind Production Tax Credit (PTC), the solar Investment Tax Credit (ITC), and the electric vehicle tax credit. The bill does kill the nuclear and “other” […]
Putting a Price on Carbon: The Social Cost of Carbon? Cap and Trade? Carbon Tax?
Carbon is the leading cause of global climate change, and carbon pricing offers a tangible, financial penalty greenhouse gas emissions. According to many economists, climate change is a “market failure.”Society at large bears the cost of emitting CO2, while the polluters accrue the benefits. The EPA and other government agencies use estimates of the social […]