Word: carbonations
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...million to buy a 9.8% stake in BYD. At a press conference at the time, David Sokol, chairman of MidAmerican Energy Holdings, the Berkshire Hathaway-owned company that made the investment, said he believed that BYD's technology was a "potential game changer if we're serious about reducing carbon-dioxide emissions." BYD has nearly 11,000 engineers and technicians working on battery technology at the company's headquarters in southeastern China. (See the history of the electric...
...finding confirms that greenhouse-gas pollution is a serious problem now and for future generations," said EPA administrator Lisa Jackson. "Fortunately, it follows President Obama's call for a low-carbon economy and strong leadership in Congress on clean energy and climate legislation...
...giant power plants to planes and cars. The initial regulations would likely center on emissions from motor vehicles - the cause behind the 2007 Supreme Court case that originally spurred the endangerment finding. (In the case, Massachusetts v. EPA, the court found that the EPA had a responsibility to regulate carbon from cars - despite arguments to the contrary by the George W. Bush-era agency...
...every observer believes the implicit threat of EPA regulation will be enough to force cap-and-trade opponents to fall in line. After all, the main criticism of cap-and-trade is that it may result in a rise in energy prices as carbon becomes more expensive (indeed, making fossil fuels more costly relative to clean renewable fuels is the point). Advocates argue that new green jobs created by acting on climate change will more than offset the price of cap-and-trade and that, in any case, the long-term cost of delaying on global warming will...
...truth, by any reasonable definition, the EPA has the right to regulate greenhouse gases under the Clean Air Act. The scientific case is clear: global warming is dangerous, and man-made greenhouse gases cause global warming; ergo, those gases are pollutants that must be dealt with. But carbon is so global, so embedded in every aspect of modern life that it needs to be managed by the popularly elected governmental body meant to represent us all: Congress. "This is an enormous shift, and we need to get together as a nation to deal with it," says Maggie...