TITLE

Carbon Costs Under Obama Cap-and-Trade

AUTHOR(S)
Moresco, Justin
PUB. DATE
March 2009
SOURCE
Red Herring;3/2/2009, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the outlook of research firm Point Carbon on carbon costs in the U.S. in line with President Barack Obama's budget proposal. Point Carbon predicts that carbon allowances, representing one tonne of carbon dioxide equivalent, would trade at a price of $13.70 during the first year. Point Carbon estimates the price of carbon in 2020 would rise to $16.50 per allowance, translating into an additional 15 cents per gallon of gasoline with the limit, or cap, on emissions declining about two percent per year after 2012.
ACCESSION #
36826977

 

Related Articles

  • Cap-and-spend. Jason, Gary // Liberty (08941408);Dec2009, Vol. 23 Issue 11, p18 

    The author analyzes reports about the negative effect of the cap-and-trade legislation being pursued by U.S. President Barack Obama. He notes the figures from the reports about the impact of cap-and-trade on U.S. economy, jobs, and electricity prices. He also cites memos which revealed that the...

  • Alarming level of debt. Hoxter, Curtis J. // Caribbean Business;8/5/2010, Vol. 38 Issue 30, p10 

    The article reports on the projection of U.S. President Barack Obama's administration that the country's budget deficit in 2011 will reach 9.2 percent of the economy. It states that the deficit forecast was expected to increase from 1.267 trillion dollars in February 2010 to 1.47 trillion in the...

  • As layoffs spread, pressure grows to pass recovery act. WHEELER, TIM // People's Weekly World;2/7/2009, Vol. 23 Issue 32, p1 

    The article reports on the growing pressure for the approval of the $825 billion economic stimulus package proposed by U.S. President Barack Obama amidst the increase in job lay-offs across the country. Union leaders express their support to the stimulus package citing it as essential to the...

  • The Jiujitsu Kid. Glastris, Paul // Washington Monthly;Jan/Feb2011, Vol. 43 Issue 1/2, p3 

    The article introduces the January 2011 issue of "Washington Monthly," which contains the advice offered by writers, scholars and White House veterans on what U.S. President Barack Obama should say in his 2011 State of the Union address, including the outlook of Howard Dean, leader of the...

  • Obama Used His Budget Address as a Campaign Stop.  // Human Events;4/25/2011, Vol. 67 Issue 16, p3 

    The article reports on the speech of U.S. President Barack Obama delivered at George Washington Unversity in April 2011 about budget reform and tax cuts. Obama spoke about the negative impact of entitlement expenses when there are no changes made. He cited the need for tax reform and how he...

  • President's 2015 budget to overshadow all else. Schroeder, Peter; Wasson, Erik; Needham, Vicki // Hill;3/3/2014, Vol. 21 Issue 26, p14 

    The article reports that the fiscal 2015 budget will be released by U.S. President Barack Obama on March 4, 2014.

  • Fiscal Cliff: GOP Ready To Discuss Terms of Surrender. HARSANYI, DAVID // Human Events;11/19/2012, Vol. 68 Issue 44, p8 

    The article reports on the implication of U.S. President Barack Obama's 2012 re-election on the nation's budget shortfall. According to the author, Obama's victory has led to Republicans becoming more willing to negotiate with the White House over the budget problem. He states that this is one...

  • Ecce Obama. Jason, Gary // Liberty (08941408);Jun2009, Vol. 23 Issue 5, p17 

    The author focuses on U.S. President Barack Obama. He claims that he is dazzled by the adulation many on the Right have accorded Obama. He satirizes his fascination with Obama, citing that he is one in trillion kind of a man. He cites the cap-and-trade proposal and the budget deficits of Obama...

  • 2013 Budget Supports Food Safety, Hunger Relief. Telesca, Jenna // Supermarket News Expert Blog;2/21/2012, p4 

    The article reports on the 2013 budget of U.S. President Barack Obama which includes funds for hunger and obesity prevention and food safety. Based on the budget, the Agriculture and Food Research Initiative will be given additional funding for research in crop protection, sustainable...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sign out of this library

Other Topics