A near-term to net zero alternative to the social cost of carbon for setting carbon prices

Nature Climate Change (2020), 17 August 2020 by Noah Kaufman, Alexander R. Barron, Wojciech Krawczyk, Peter Marsters & Haewon McJeon Cite this article Abstract: The social cost of carbon (SCC) is commonly described and used as the optimal CO2 price. However, the wide range of SCC estimates provides limited practical assistance to policymakers setting specific CO2 prices. Here we describe an alternate near-term to net zero (NT2NZ) approach, estimating …

Half of Americans Want Drivers Who Drive More to Pay More: And people who drive big, fuel inefficient cars should pay even more

By Kea Wilson, StreetsBlog, Jul 20, 2020 Nearly half of Americans think it’s time to rethink how we fund our road infrastructure by switching from a federal gas tax — which theoretically rewards drivers for choosing greener cars, but doesn’t always deter excessive driving itself — and replacing it with a tax based on how many miles drivers actually travel, a …

The Case for Congestion Pricing in LA

It’s Time to Try Congestion Pricing in L.A.: Los Angeles will pilot a toll program for freeway drivers at peak hours in 2021. Can America’s most car-centric city embrace traffic congestion charges? Donald Shoup in Bloomberg, July 2, 2020 During the Covid-19 lockdowns that have kept millions of people at home, drivers in Los Angeles and other big cities experienced something …

Effectiveness of CO2-based feebate systems in the European passenger vehicle market: CO2-based vehicle taxation contributes to reductions in new-vehicle emissions rates

ICCT Consultant report 2014.03.28 CambridgeEconometrics_ICCT_feebate_rpt_Nov2013.pdf The ICCT commissioned Cambridge Econometrics to carry out this analysis of the effectiveness of CO2-based vehicle taxation in reducing passenger-transport CO2 emissions. The study sought to identify the extent to which the observed reductions in CO2 emissions rates in the Netherlands and the UK can be attributed to CO2-based vehicle taxation. Econometric techniques were applied to model demand …

Central value in ultimate cost of carbon is about $100,000 per ton

The Universal Cost of Carbon applies over a different timescale than how the social cost of carbon has been calculated. Assuming that the climate impacts from fossil carbon use will persist much longer than any economic infrastructure that we use fossil fuels today to build, the UCC can be seen as a first approximation of our culpability to future generations, …

Customers with rooftop solar lower the system peak demand, thus reducing the need for costly generation and transmission capacity: Rooftop solar is worth 24¢/kWh in Michigan study. Incentives for daytime use (time of renewables or real-time TOU) are needed

Articles by Will Driscoll in PV Magazine https://pv-magazine-usa.com/author/william-l-driscoll/ Rooftop solar is worth 24¢/kWh in the Michigan territory served by Consumers Energy, well above the 14¢ to 17¢/kWh that the utility’s net metering customers currently receive for the electricity they send to the grid. The Solar Energy Industries Association’s Director of Rate Design Kevin Lucas presented that finding in testimony in a Consumers …

Real-time pricing that integrates more solar power is proven to work in California

Industry participants noted the significance of a real-time pricing project on a single distribution circuit in California. State officials are evaluating real-time pricing as a means to help integrate more solar and wind power on the grid.JUNE 30, 2020  By WILLIAM DRISCOLL in PV Magazine Image: Creative Commons Share A California project team offering customers real-time pricing of electricity has …

Our Climate as an Infrastructure Asset

January 16, 2020  |  By RMI Oriana Tannenbaum and Rushad Nanavatty Our climate is getting plenty of attention, but we don’t often view it as infrastructure. We should. The global climate comprises an essential and massive part of the natural systems that form the foundation for our world and our society. Our economy is built on assumptions about climate stability. Our real …

What will it take to get people out of their cars?

Study found that people didn’t change from driving because 1) the employees got free parking, so were not paying the full cost of driving2) taking transit or carpooling is “less convenient for an individual commuter.” 3) “these approaches required changing a habitual behavior, which is notoriously difficult to change.” By Lloyd Alter, December 26, 2019 Researchers looking at the question …