Author name: Brent Ranalli

In a previous post I laid out a primer for U.S. carbon pricing. One key element was the auctioning of carbon permits. There are a lot of ways to conduct an auction, but one—of the “ascending clock” variety—stands out as ideal for allocating carbon permits. To my surprise, I have found no concise explanation on the […]

The U.S. is poised to take aggressive, belated action on climate change. That will mean passing legislation to reduce greenhouse gas emissions. Here’s a primer on how that can be done right—based on what we have learned since the flawed cap-and-trade proposal Congress contemplated in 2009. 1. Carbon pricing is essential. The centerpiece of decarbonization