By: Cap and trade. It can't and won't work |

Cap and trade. It can't and won't work | — Mon, 14 Dec 2009 13:16:01 +0000

[...] Green Thoughts has a long, thoughtful explanation of why cap and trade can’t and won’t work. Cap and trade in its scientific attitude, orientation to politics, financial market design, and permit regulation all have one commonality: the cap and trade system inserts one or more extraneous elements that do not serve the purpose of cutting emissions or increasing the overall efficiency of the system. In most cases this “stop” along the way to achieving the goal is some form of “visit” to the carbon market before the actual job of cutting emissions or financing the emissions cutting projects can occur. [...]

Comments on: Cap and Trade: An Unserious Policy Framework.. Towards a Serious Climate Policy – Part 2

By: Cap and trade. It can't and won't work |