A Price on Carbon

In one of those sneaky bureaucratic moves that could set a long-standing precedent, the government may have just put a price on atmospheric carbon.

Moniz, speaking at Columbia University’s new Center on Global Energy Policy at the School of International and Public Affairs, backed into the carbon price discussion. Moniz’ agency is working with OMB on “speeding appliance energy efficiency” and is preparing to issue a new rule on microwave ovens. Moniz noted almost in passing that the microwave rule will include the first “interagency panel price on carbon” of $36 a ton.