cap-and-trade

  • Krugman, the Nobel Laureate in economics says we can afford a cap and trade policy on carbon emissions- An Affordable Salvation by Paul Krugman. New York Times op ed Congress is debating the climate change bill right now. Cap and trade is a market based method of controlling carbon emissions. That means “free market” conservatives…

  • Huffington Post Analysis says carbon taxes work better and more feasible politically than cap-and-trade- The argument that cap-and-trade has always had going for it was political feasibility, but maybe a revenue neutral carbon tax is more feasible. Economic theory would predict a more rapid response to a tax than to a market in pollution (or…

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