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Cap And Dividend
Cap and dividend is a market-based trading system which retains the original capping method of cap and trade, but also includes compensation for energy consumers. This compensation is to offset the cost of products produced by companies that raise prices to consumers as a result of this policy. The process begins with some governments setting aggregate pollution quotas (e.g., for carbon emissions) and selling pollution permits to the public respectively. Polluters are required to buy those credits to match their pollution outputs. Some of the cost producers pay for pollution will result in higher costs for consumers, who as citizens are additionally faced with the environmental costs of the pollution. Under the cap and dividend system, public revenues raised from the sale of pollution credits is rebated to citizens or to consumers as a subsidy for increasing efficiency. Overview The goal of this type of pseudo-tax is to reduce carbon emission rates. This is similar to the cap-and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Market Economy
A market economy is an economic system in which the decisions regarding investment, production and distribution to the consumers are guided by the price signals created by the forces of supply and demand, where all suppliers and consumers are unimpeded by price controls or restrictions on contract freedom. The major characteristic of a market economy is the existence of factor markets that play a dominant role in the allocation of capital and the factors of production. Market economies range from minimally regulated free-market and '' laissez-faire'' systems where state activity is restricted to providing public goods and services and safeguarding private ownership, to interventionist forms where the government plays an active role in serving special interests and promoting social welfare. State intervention can happen at the production, distribution, trade and consumption areas in the economy. The distribution of basic need services and goods like health care may be ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Earl Blumenauer
Earl Francis Blumenauer ( ; born August 16, 1948) is an American lawyer, author, and politician serving as the U.S. representative for since 1996. The district includes most of Portland east of the Willamette River. A member of the Democratic Party, Blumenauer previously spent over 20 years as a public official in Portland, including serving on the Portland City Council from 1987 to 1996, when he succeeded Ron Wyden in the U.S. House of Representatives. Wyden was elected to the U.S. Senate after Bob Packwood resigned. Early life and education Blumenauer was born in Portland on August 16, 1948. In 1966, he graduated from Centennial High School on Portland's east side and then enrolled at Lewis & Clark College. He majored in political science and received a Bachelor of Arts degree from Lewis & Clark in 1970. Blumenauer completed his education in 1976 when he earned a Juris Doctor degree from the school's Northwestern School of Law (now Lewis & Clark Law School). Before starti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Secretary Of The Treasury
The United States secretary of the treasury is the head of the United States Department of the Treasury, and is the chief financial officer of the federal government of the United States. The secretary of the treasury serves as the principal advisor to the president of the United States on all matters pertaining to economic and fiscal policy. The secretary is a statutory member of the Cabinet of the United States, and is fifth in the presidential line of succession. Under the Appointments Clause of the United States Constitution, the officeholder is nominated by the president of the United States, and, following a confirmation hearing before the Senate Committee on Finance, is confirmed by the United States Senate. The secretary of state, the secretary of the treasury, the secretary of defense, and the attorney general are generally regarded as the four most important Cabinet officials, due to the size and importance of their respective departments. The current secre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
George Shultz
George Pratt Shultz (; December 13, 1920February 6, 2021) was an American economist, businessman, diplomat and statesman. He served in various positions under two different Republican presidents and is one of the only two persons to have held four different Cabinet-level posts, the other being Elliot Richardson. Shultz played a major role in shaping the foreign policy of the Ronald Reagan administration. From 1974 to 1982, he was an executive of the Bechtel Group, an engineering and services company. Born in New York City, he graduated from Princeton University before serving in the United States Marine Corps during World War II. After the war, Shultz earned a PhD in industrial economics from the Massachusetts Institute of Technology (MIT). He taught at MIT from 1948 to 1957, taking a leave of absence in 1955 to take a position on President Dwight D. Eisenhower's Council of Economic Advisers. After serving as dean of the University of Chicago Graduate School of Business, he ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Baker
James Addison Baker III (born April 28, 1930) is an American attorney, diplomat and statesman. A member of the Republican Party, he served as the 10th White House Chief of Staff and 67th United States Secretary of the Treasury under President Ronald Reagan and the 61st U.S. Secretary of State before returning as the 16th White House Chief of Staff under President George H. W. Bush. Born in Houston, Baker attended The Hill School and Princeton University before serving in the United States Marine Corps. After graduating from the University of Texas School of Law, he pursued a legal career. He became a close friend of George H. W. Bush and worked for Bush's unsuccessful 1970 campaign for the United States Senate. After the campaign, he served in various positions for President Richard Nixon. In 1975, he was appointed Under Secretary of Commerce for Gerald Ford. He served until May 1976, ran Ford's 1976 presidential campaign, and unsuccessfully sought election as the Att ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Secretary Of State
The United States secretary of state is a member of the executive branch of the federal government of the United States and the head of the U.S. Department of State. The office holder is one of the highest ranking members of the president's Cabinet, and ranks the first in the U.S. presidential line of succession among Cabinet secretaries. Created in 1789 with Thomas Jefferson as its first office holder, the secretary of state represents the United States to foreign countries, and is therefore considered analogous to a foreign minister in other countries. The secretary of state is nominated by the president of the United States and, following a confirmation hearing before the Senate Committee on Foreign Relations, is confirmed by the United States Senate. The secretary of state, along with the secretary of the treasury, secretary of defense, and attorney general, are generally regarded as the four most crucial Cabinet members because of the importance of their respective ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Republican Party (United States)
The Republican Party, also referred to as the GOP ("Grand Old Party"), is one of the two major contemporary political parties in the United States. The GOP was founded in 1854 by anti-slavery activists who opposed the Kansas–Nebraska Act, which allowed for the potential expansion of chattel slavery into the western territories. Since Ronald Reagan's presidency in the 1980s, conservatism has been the dominant ideology of the GOP. It has been the main political rival of the Democratic Party since the mid-1850s. The Republican Party's intellectual predecessor is considered to be Northern members of the Whig Party, with Republican presidents Abraham Lincoln, Rutherford B. Hayes, Chester A. Arthur, and Benjamin Harrison all being Whigs before switching to the party, from which they were elected. The collapse of the Whigs, which had previously been one of the two major parties in the country, strengthened the party's electoral success. Upon its founding, it supported cl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States House Energy Subcommittee On Energy And Environment
The Subcommittee on Energy, Climate and Grid Security is a subcommittee within the United States House Committee on Energy and Commerce. It was formed during the 112th Congress from the Energy and Environment Subcommittee when a new Environment and Economy Subcommittee was created. Until the 118th Congress The 118th United States Congress is the next meeting of the legislative branch of the United States federal government, composed of the United States Senate and the United States House of Representatives. It is scheduled to meet in Washington ..., it was named the Subcommittee on Energy. The committee also had responsibility for climate policy transferred to it from the United States House Energy Subcommittee on Environment and Climate Change in the 118th Congress. Jurisdiction The Subcommittee's jurisdiction includes national energy policy generally; fossil energy, renewable energy resources and synthetic fuels; energy conservation; energy information; energy regulation a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
House Energy And Commerce Committee
The Committee on Energy and Commerce is one of the oldest standing committees of the United States House of Representatives. Established in 1795, it has operated continuously—with various name changes and jurisdictional changes—for more than 200 years. The two other House standing committees with such continuous operation are the House Ways and Means Committee and the House Rules Committee. The committee has served as the principal guide for the House in matters relating to the promotion of commerce and to the public's health and marketplace interests, with the relatively recent addition of energy considerations among them. Role of the committee The House Committee on Energy and Commerce has developed what is arguably the broadest (non-tax-oriented) jurisdiction of any congressional committee. The committee maintains principal responsibility for legislative oversight relating to telecommunications, consumer protection, food and drug safety, public health, air quality and env ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
House Ways And Means Committee
The Committee on Ways and Means is the chief tax-writing committee of the United States House of Representatives. The committee has jurisdiction over all taxation, tariffs, and other revenue-raising measures, as well as a number of other programs including Social Security, unemployment benefits, Medicare, the enforcement of child support laws, Temporary Assistance for Needy Families, foster care, and adoption programs. Members of the Ways and Means Committee are not allowed to serve on any other House Committee unless they are granted a waiver from their party's congressional leadership. It has long been regarded as the most prestigious committee of the House of Representatives. The United States Constitution requires that all bills regarding taxation must originate in the U.S. House of Representatives, and House rules dictate that all bills regarding taxation must pass through Ways and Means. This system imparts upon the committee and its members a significant degree of inf ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Emission Intensity
An emission intensity (also carbon intensity or C.I.) is the emission rate of a given pollutant relative to the intensity of a specific activity, or an industrial production process; for example grams of carbon dioxide released per megajoule of energy produced, or the ratio of greenhouse gas emissions produced to gross domestic product (GDP). Emission intensities are used to derive estimates of air pollutant or greenhouse gas emissions based on the amount of fuel combusted, the number of animals in animal husbandry, on industrial production levels, distances traveled or similar activity data. Emission intensities may also be used to compare the environmental impact of different fuels or activities. In some case the related terms emission factor and carbon intensity are used interchangeably. The jargon used can be different, for different fields/industrial sectors; normally the term "carbon" excludes other pollutants, such as particulate emissions. One commonly used figure is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fossil Fuels
A fossil fuel is a hydrocarbon-containing material formed naturally in the Earth's crust from the remains of dead plants and animals that is extracted and burned as a fuel. The main fossil fuels are coal, oil, and natural gas. Fossil fuels may be burned to provide heat for use directly (such as for cooking or heating), to power engines (such as internal combustion engines in motor vehicles), or to generate electricity. Some fossil fuels are refined into derivatives such as kerosene, gasoline and propane before burning. The origin of fossil fuels is the anaerobic decomposition of buried dead organisms, containing organic molecules created by photosynthesis. The conversion from these materials to high-carbon fossil fuels typically require a geological process of millions of years. In 2019, 84% of primary energy consumption in the world and 64% of its electricity was from fossil fuels. The large-scale burning of fossil fuels causes serious environmental damage. Over 8 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
