Would capping and trading carbon pollution create a prosperous clean energy economy? Or would it be a boondoggle for Wall Street and scammers in developing countries? Touted as a market-based way to put a price on carbon, cap and trade is increasingly questioned by regulators, investors and environmentalists. Yes the state of California and many companies have a lot invested in a cap and trade system. Does it still have a pulse?
Michael Shellenberger is a futurist and political strategist who works on and writes about energy technology innovation, climate change, economic development, rain forest conservation, social values, national security and human rights.
As president of the Breakthrough Institute, he is a leading national advocate for the U.S. to make large, public-private investments in clean energy and decarbonization technologies to achieve energy independence, restore America's economic competitiveness, and slow global warming. Shellenberger is co-author of Break Through (Houghton Mifflin 2007) and the 2004 essay, "The Death of Environmentalism." In 2002 Shellenberger co-founded the Apollo Alliance and the Breakthrough Institute. He and Ted Nordhaus were named Time magazine "Heroes of the Environment 2008".
Shellenberger has written for The New York Times, the New Republic, the American Prospect, Salon, Harvard Law and Policy Review, Democracy, and Glamour Magazine. Shellenberger has worked as a strategist for efforts to invest billions in clean energy, save the world's last redwoods, and improve working conditions for Nike factory workers in China. Shellenberger was raised in Greeley, Colorado, received his B.A. from Earlham in Indiana, and received a Masters Degree in cultural anthropology from the University of California.