Gov. Jerry Brown recently signed two high-profile anti-climate change bills – Senate Bill 32 and Assembly Bill 197 – which double down on California’s already aggressive environmental efforts despite the fact that they aren’t working as planned.
In the soon-to-be-released Hoover Institution Press book, Blueprint for America, edited by former Secretary of State George Shultz, retired Admiral James Ellis explores how the United States is primed and ready to develop an energy security strategy.
But carbon already has a price, or, more exactly, multiple prices. Natural gas has a price; oil has a price; coal has a price. And their prices are related to the valuable carbon component of those fuels because it's carbon that makes those fuels valuable. Just as there's no such thing as a free lunch, carbon is not free.