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    Carbon Regulation: Time for America to Learn from Australia’s Mistake

    Australia’s new Prime Minister Tony Abbott, who won a landslide victory earlier this month, vowed to promptly scrap the nation’s tax on carbon emissions. He began to follow through at his first cabinet meeting. Also in line to be repealed are several commissions organized by the previous government to provide … More

    Carbon (And Practically Everything Else) Just Got More Expensive

    The Department of Energy (DOE) finalized a rule at the end of May that mandates the amount of energy microwaves can use on standby mode starting in 2016. The DOE tries to legitimize the rule by saying that the alleged social cost of carbon (SCC) is more than it was … More

    Carbon Tax: Australia’s Experience Is a Chance for the U.S. to Get It Right

    “This is the most effective and efficient way to drive innovation to find better, less-polluting ways of producing power, goods and services,” Australian Treasurer Wayne Swan said at the passage of Australia’s carbon tax in July 2012. One wonders if he would say the same today—or, perhaps more importantly, if … More

    Circumventing Cap and Trade with an Another Bad Energy Bill

    In the midst of a crisis in the Gulf, some Senators are making a final push to pass energy and climate legislation this year. Senators John Kerry (D–MA) and Joe Lieberman (I–CT) are introducing a scaled-back version of their original cap-and-trade bill but still want to maintain a carbon cap. … More