Recent Posts on Global Warming Research

Studies Find Carbon Caps are Very Expensive

Two new reports released in April, one by the Massachusetts Institute of Technology (MIT) and another by the Congressional Budget Office (CBO), conclude caps on carbon dioxide emissions would be tremendously costly to American consumers. MIT: Human Welfare Losses The MIT study calculated the cost of carbon emission caps in terms of welfare costs. read more »

Congress Considers Carbon Trading

Carbon dioxide (CO2) trading is being championed by nearly a dozen proposals floating around Congress during the summer recess, but the failure of Europe's trading scheme is keeping most Congressmen skeptical as the 2007-2008 session approaches. European Emissions Rising In Europe, which has the most comprehensive carbon trading system in the world, emissions have risen during the past two years. read more »