The Carbon Leadership Council, everyone's
favorite group of former grand poohbahs, is still working at
building support for its "carbon dividends" plan.
Hope springs eternal. And I don't mean to make light
of the CLC's efforts. We can use all the hope we can
get.
The CLC has not make any huge changes to the plan, but they have
tweaked it a bit and run numbers again. Based on a fee
starting at $40/ton and increasing each year by 5% above inflation,
CLC asserts that U.S. GHG emissions would be 50% below 2005 levels
by 2035.
The CLC has also clarified that it is only proposing to
eliminate other stationary source GHG regulations. It is not
proposing to eliminate mobile source regulations and is not trying
to provide any kind of liability protection against 3rd
party claims. This is interesting in that it kind of suggests
that the CLC is more worried about opposition from the left than
from the right. Of course, another reason could be that, in
order to get
