IDC Energy Insights

In the search for safety barriers at the edge of the US fiscal cliff, a carbon tax is a possible solution that’s expected to get serious attention during the remainder of 2012 and beyond.

As the new Obama Administration urgently seeks new sources of revenue ahead of the Jan. 1 trigger for automatic spending cuts and tax increases, and Congressional Republicans signal a post-election willingness to compromise on budget negotiations, the idea of a tax on the carbon content of fossil fuels is gaining traction as a measure that could meet the requirements of different groups. Keep reading →

New York Gov. Andrew Cuomo

A reported plan by New York State government to allow natural gas drilling in a handful of counties may represent an effective lifting of the state’s moratorium on fracking but increases the chances that energy companies will run into local opposition, analysts said. Keep reading →