Will Carbon Trading Work?

• “Yes”

  

  “Cap-and-Trade Provides the Flexibility to Address Competitiveness”

• No Objections Yet

Cap-and-Trade Provides the Flexibility to Address Competitiveness

International Emissions Trading Association

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Domestic competitiveness and emissions "leakage" -- in which a company simply shifts emissions overseas rather than reducing them -- are a significant concern when designing any emissions reduction program. Poorly designed or inherently inflexible policies run the risk of driving production offshore to jurisdictions that do not have an absolute carbon cap -- costing American jobs while producing no net greenhouse gas abatement. A cap-and-trade system can use a carefully designed allocation process to mitigate emissions and investment leakage on sectors that face international competition. Granting an allocation to trade-exposed industries unable to pass through their allowance costs minimizes distributive impacts while still allowing these industries to operate under a carbon constraint. 

Next Argument

"Yes" International Emissions Trading Assoc

• Cap-and-Trade Protects the Environment
  2
• Capping Emissions is the Surest Way To Guarantee Emissions Reductions
  2
• Cap-and-Trade Protects the Economy
  2
• Cap-and-Trade is Relatively Easy to Establish
  2
• Cap-and-Trade Provides the Flexibility to Address Competitiveness
  2
• The European Union has Demonstrated That Carbon Trading Can Work
  2
• Carbon Trading Holds the Greatest Hope For Reducing Global Emissions
  2

"Yes" The Climate Group

• Carbon Trading Reduces Emissions
  1
• Carbon Trading is Worth the Cost
  1
• Carbon Trading is Cost-Effective
  1
• Carbon Trading is Part of the Solution
  1

"No" CEI

• We Must Define the Objectives
  1
• No Breakthroughs in Innovation
  0
• Fluctuating Costs, Overstated Emissions Reduction
  1
• An Economic Disaster
  1

"No" Larry Lohmann

• Carbon Trading is Aimed at the Wrong Objective
  0
• Carbon Trading Squanders Resources and Ingenuity on the Wrong Things
  1
• Carbon Trading Requires Knowledge We Don't Have
  0
• Carbon Trading is Antidemocratic
  0
• Carbon Trading Interferes with Positive Solutions to Global Warming
  0
• Carbon Trading is Based on Faith, Not Experience
  0

Most Objections

Will Carbon Trading Work?

• Yes
• No

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