Article by Kyle Danish, Shelley Fidler, Kevin
Gallagher, Megan Ceronsky, Tomás Carbonell, David Frenkil
and Sharon White
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Commentary
This week's U.S.-China bilateral talks appeared to make
incremental progress. It was difficult to discern any early
evidence of a Copenhagen breakthrough . . . Will EPA be proposing
GHG regulations using its Clean Air Act authorities this Fall? . .
. The Brookings Institution issued a report on the need for a price
collar in the Senate cap-and-trade program. The Bipartisan Policy
Council recently made a similar recommendation. The issue will be
getting greater attention in the Senate than it did in the House.
The ACES bill incorporated a price collar concept in the form of
the "strategic allowance reserve." However, the design of
the reserve made it exclusively a remedy for short-term volatility;
it would not be effective
