In this week’s readers’ Q&A session, Yvo de Boer, the man who led the UN into the Copenhagen climate talks and is now an advisor to KPMG, answers your questions. Read more
I blogged last week about two high profile Congress races where voters seemed to have been turned off by the fact that the Democratic incumbent had voted for the cap-and-trade bill. Both Rick Boucher and Tom Perriello seemed to have been directly hurt by their vote for Waxman-Markey. Read more
When President Obama spoke about his new-found spirit of compromise after the Democratic party’s “shellacking” in the midterm elections, energy policy was one of the areas where he suggested Democrats and Republicans might be able to work together. The deep partisan divide over climate policy might make that seem a ridiculously hopeful aspiration, but in fact there are some areas of energy policy where the two parties ought to be able to find common ground. Read more
It seems like Rick Boucher is not the only one being forced to fight for his political life over the cap-and-trade bill. Tom Perriello, another Virginia Democrat, is also coming under fire for his support of the bill. Read more
With just a week to go until the US midterms, the narrative seems to have been set: the Republicans are going to do well because of anger at the Obama administration towards two things in particular: a lack of jobs and the healthcare bill.
But there may be another element at play which is feeding into this heady mix: the cap-and-trade bill. Read more
By Jane Rickards in Taipei
Taiwan’s Premier Wu Den-yih this week urged the island’s Environmental Protection Agency to draw up plans for a cap-and-trade system. At a time when the US and Australia have all but abandoned the idea, Taiwan’s preparations for a green house gas emissions trading system could eventually resemble the one used by the European Union.
But two big obstacles stand in the way of making the system work: local businesses, and Beijing.
Taiwan president Ma Ying-jeou has pledged to reduce Taiwan’s emissions levels to that of 2000 by 2025. Yet, while he is determined to introduce such a system and law makers from his ruling Kuomintang have a clear parliamentary majority, he may find it tough convincing local industries, which believe the move threatens their competitiveness, especially with respect to their rivals in neighbouring Asian nations. Read more