Rushing to Copenhagen? Is Cap-and-Trade the Answer?

Department or Administrative Unit

Economics

Document Type

Article

Author Copyright

© 2010 M.E. Sharpe, Inc. All rights reserved.

Publication Date

2-2010

Journal

Challenge

Abstract

To listen to the public discourse about: how to control emissions, one might think there is near unanimity that cap-and-trade is the answer. Set limits on carbon emissions, provide business with the ability to trade rights to pollute, and the market will efficiently spread the costs of pollution control. These economists beg to differ. Read why.

Comments

This article was originally published in Challenge. The full-text article from the publisher can be found here.

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