Tag Results for carbon trading (6)

  1. Is Cap and Trade the Only Path to Carbon Reduction?

    Ask an economist for the best way to reduce carbon emissions, and the answer almost always is a carbon tax: drive up the cost of emitting CO2, and then let free markets find the technologies to avoid or reduce emissions. Ask a politician, and the answer is almost always cap-and-trade: set annual ceilings for carbon emissions, sell or issue emissions allowances to the major emitters, and let them trade the allowances so that those best able to cut emissions do so first. Every half-wit knows that either scheme will drive up energy and electricity prices. But economists prefer the tax …

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  2. Is Cap and Trade the Only Path to Carbon Reduction?

    Ask an economist for the best way to reduce carbon emissions, and the answer almost always is a carbon tax: drive up the cost of emitting CO2, and then let free markets find the technologies to avoid or reduce emissions. Ask a politician, and the answer is almost always cap-and-trade: set annual ceilings for carbon emissions, sell or issue emissions allowances to the major emitters, and let them trade the allowances so that those best able to cut emissions do so first. Every half-wit knows that either scheme will drive up energy and electricity prices. But economists prefer the tax …

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  3. Buying Carbon Reductions to Offset Climate Sinfulness

    Voluntarily paying for somebody else to reduce carbon emissions to compensate for something youâ''re doing to increase themâ''few other subjects have aroused so much controversy in the last year, inside and outside the environmental community. Climate change skeptics naturally see the whole idea of carbon offsets as silly and pointless. But even those who see carbon reduction as an urgent necessity wonder whether offsets really help. How do you know whether you're getting real value when you purchase a carbon offset?…

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