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All Documents in Energy Tagged cap 2.0

Regulating Trading in the Carbon Market
Fact Sheet

America needs strong climate policy that will boost the economy and reduce dangerous global warming pollution. A key piece of successful climate legislation will be a carbon market that allows non-polluting companies to trade carbon credits. But unregulated or self-regulated trading involves important risks. Climate legislation should require strong carbon market regulations to ensure success. Get document in pdf.

Developing the Technology of the Future
Federal Climate Legislation Can Maximize Low-Carbon Technology Innovation
Fact Sheet

America needs strong federal action to contain the threat of global warming. But a series of barriers stand in the way of the technology innovation needed to develop a clean energy economy at the lowest possible long-term cost to society. Strategically increasing research, development, and demonstration (known as RD&D) funding for low-carbon technologies can help to overcome these barriers and jumpstart innovation. Get document in pdf.

Kick-Starting Building Efficiency
A Policy Workplan for Maximizing the Economic Benefits of Energy Efficiency in Buildings
Fact Sheet

The buildings sector is the largest source of global warming pollution in the United States, including emissions from generating the electricity used in buildings. Buildings and the appliances within them currently account for roughly one-third of U.S. greenhouse gas (GHG) emissions, and that number is on the rise. Fortunately, buildings also offer the quickest and most cost-effective opportunity to reduce global warming pollution while yielding direct economic benefits, saving consumers money and boosting U.S. industry. Energy efficiency measures such as retrofitting existing buildings and increasing the energy efficiency of new buildings can generate net savings using technology that exists today. NRDC recommends a clear set of policy solutions for reaping the immediate benefits of building efficiency. Get document in pdf.

Why Cap and Invest is Better Than a Carbon Tax
Fact Sheet

While there is widespread support for the goal of reducing our emission of global warming pollution by 80 percent by 2050, there is a vigorous debate about the best means for reaching that goal. Advocates for a carbon tax suggest that it would be simpler and more transparent than a cap and invest system, but such arguments often compare a “real-world” cap and invest design with an idealized carbon tax. When factoring in the pressure for special accommodations in the legislative process that will undoubtedly face either system, a cap and invest program is preferable to implementing a carbon tax. The following list offers five reasons, including greater certainty where it counts and more flexibility where it is needed, why a cap and invest system will best help us meet the urgent goal of reducing global warming pollution. Get document in pdf.

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Documents Tagged cap 2.0 in All Sections

A Clean Energy Bargain
More Jobs, Less Global Warming Pollution, and Greater Security for Less Than the Cost of a Postage Stamp a Day
Issue Paper

The United States took an important step toward economic recovery, environmental protection, and energy security when the House of Representatives passed the American Clean Energy and Security Act (ACES). This sound climate and clean energy legislation will protect the planet for less than the cost of a postage stamp a day per household, and represents a great investment in America's future — now it's up to the Senate to turn this bill into a law.

Analysis of H.R. 2454, the American Clean Energy and Security Act (ACES)
Legislative Analysis

An analysis of H.R. 2454, the American Clean Energy and Security Act (ACES), outlining the potential of the legislation for creating millions of jobs, breaking our dependence on oil, and reducing the pollution that causes global warming. The analysis also includes suggestions for strengthening this critically important legislation. Get document in pdf.

Boosting Energy Efficiency Nationwide Through Measurement and Performance-Based Rewards
Fact Sheet

Energy efficiency is the most cost effective means for reducing global warming pollution. According to McKinsey and Company, the energy bill savings from efficiency investments could roughly offset the cost of implementing a mandatory carbon cap. And many of these investments already make sense economically: McKinsey estimates that a $50 billion per year investment could result in $1.2 trillion in energy bill savings by 2020 while reducing end-use energy consumption by about 23 percent of projected demand. In addition to saving Americans money on their utility bills, investments in energy efficiency would put downward pressure on electricity, natural gas, and carbon allowance prices (when a carbon cap has been established), while creating 600,000 to 900,000 new jobs. Establishing a reliable measurement for energy efficiency performance and rewarding success in improving performance will help America reach its full energy-saving potential. Get document in pdf.

DOs and DON’Ts for Creating Carbon Price Safeguards
Legislative Analysis

As the Senate takes up energy and climate legislation, many are considering the best approach to meet a strong cap on carbon emissions while assuring that carbon allowance prices remain reasonable and that market abuses are prevented. The core tools we need are a means to provide additional allowances to the market without breaking the law’s emissions cap, and a robust set of market regulation safeguards against market abuse. With these tools, Congress can deter price manipulation and place effective limits on prices without compromising the law’s vital climate protection objectives.
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For additional policy documents, see the NRDC Document Bank.