Peak fossil fuel demand and peak ICE vehicles. The recent 3 percent fall in oil demand has led to a 50 percent fall in the oil price. Governments role is to prevent fossil resurgence and to implement a tax wedge

Horse demand famously peaked when cars were just 3 percent of their number, and gas lighting demand peaked when electric lighting was just 2 percent of supply. The consequence of peaking demand for fossil fuels has been playing out for a number of years now, in sector after sector. Peak demand for coal meant lower prices for US coal and …

Lost time, health, stress and the other high costs of traffic

Stuck and Stressed: The High Costs of Traffic, New York Times, March 2020 According to one study, commuting is one of the least pleasant things we do. But it’s not just an annoying time waster — there’s a case that it’s a public health issue. According to analysis by the Texas A&M Transportation Institute, the average American commuter spends 42 hours per …

Health and climate benefits from California’s cap-and-trade are over 5 times greater than the program’s costs, with many benefits unaccounted

Cap and trade in California: health and climate benefits greatly outweigh costs. The report, authored by Dr. Marc Breslow and Ruby Wincele, looks at California’s cap-and-trade program and its investments – it finds that health and climate benefits from California’s cap-and-trade are 5 times greater than the program’s costs. We hope that it can give us valuable data, and leverage in the …

State Carbon Tax (and Regional Cap and Trade) Update

Coalition calls for carbon cap-and-trade program across Northeast, Mid-AtlanticNJ Spotlight | Tom Johnson It is time across the Northeast and Mid-Atlantic for the region’s governors to adopt a cap-and-trade program to reduce global warming pollution from vehicles, according to a coalition of investors, trade groups and nonprofit organizations. In a letter to 12 governors, the more than 100 signatories called …

Converting transportation off fossil fuels

Transportation is ‘climate enemy #1’: report Feb 2020 SmartCitiesDive | Jason Plautz With transportation as the largest source of greenhouse gas emissions in the U.S., a new report from Environment America Research & Policy Center and the Frontier Group outlines “achievable” strategies to clean up the sector. ​The “Destination: Zero Carbon” report calls transportation “climate enemy #1” due to oversized …

Bernie Sanders, Elizabeth Warren, and other congressional progressives want to tax companies that overpay their CEOs. Most Republicans would go even further: A Harvard Business School study found that Americans think the right CEO-worker pay ratio is no higher than 7 to 1

All this could mean bipartisan traction for a new bill introduced by Senators Bernie Sanders and Elizabeth Warren and Representatives Rashida Tlaib and Barbara Lee earlier this month. It would raise the federal corporate income tax rate on companies that pay their CEOs more than 50 times their median workers’ pay.The bigger the gap, the bigger the hike. At a …