The American Power Act cuts pollution and helps American families

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"The American Power Act cuts pollution and helps American families"

Question: Why do we need comprehensive clean energy legislation? What types of measures are included in the draft American Power Act? How will these provisions help American families?

CAP’s Daniel J. Weiss, Senior Fellow and Director of Climate Strategy, explains in this edition of Ask the Expert.

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4 Responses to The American Power Act cuts pollution and helps American families

  1. Rick Covert says:

    I was in an auto parts store the other day and it hit me that we pay a “lead tax” on batteries which is refunded to us when we return our spent car batteries. Then suddenly it hit me. Say, what if we did this with CO2? Let’s price it. Great idea! Let’s get on with it then.

  2. Jeff Huggins says:

    Thanks Daniel — And Two Questions

    Thanks for the video clip, Daniel!

    Two questions regarding the American Power Act:

    First, according to my quick scanning of some sections of the Act, I got the impression that the Act sometimes provides figures in metric tons (of CO2e), while other times it seems to refer to short tons. The question: When specifying the floor and ceiling prices for allowances in the first year, does the Act specify those prices in terms of U.S. dollars per short ton (2000 pounds) of CO2e?

    Second, when it comes to refiners (ExxonMobil, Chevron, etc.) purchasing allowances, do they need to purchase allowances in amounts to cover the CO2 generated when their refined products are actually used in their final intended uses — e.g., when the gasoline is burned in autos — or do the refiners only need to buy allowances to cover the volumes of GHGs generated in their own INTERNAL operations, such as from the refineries (as plants) themselves? In other words, will ExxonMobil (for example) need to buy an allowance (for 1 ton of CO2e) for each 100 gallons of gasoline it sells to the public, given that each gallon of gasoline generates roughly 20 pounds of CO2 when actually burned in our cars?

    Thanks again, Daniel!

    Be Well,

    Jeff

  3. Raul says:

    Gulf Coast disaster shows that the earth is influenced by our actions.
    Some one got a better and more positive example of our abilities to
    make the world a better and more positive place to live?

  4. The American Power Act is really going to get our foot in the door to cleaner energy solutions and really break free from potential disasters like the Gulf Coast Oil Spill. There are tenants of this bill that don’t address the most extreme problems, but we need to move forward with a clean energy agenda.

    For more information go to lesscarbonmorejobs.com.