Will Carbon Trading Work?

• “Yes”

  

  “Capping Emissions is the Surest Way To Guarantee Emissions Reductions”

• No Objections Yet

Capping Emissions is the Surest Way To Guarantee Emissions Reductions

International Emissions Trading Association

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Carbon trading provides the environmental certainty of a fixed cap on emissions. Other means of reducing emissions, such as carbon taxes, efficiency standards, and traditional command and control reductions, do not guarantee that total emissions stay below safe levels.  

There can certainly be a place for other measures as means to accomplish specific purposes beyond addressing climate change. For example, gasoline taxes fund highway improvements, efficiency standards help keep consumer energy bills lower, and command-and-control regulations can reduce smokestack emissions of other pollutants. However, none of these measures suffice to keep total emissions at or below safe levels. Carbon taxes allow companies and consumers to simply pay the taxes and keep emitting; efficiency standards reduce emissions per unit of GDP but do not guarantee an absolute reduction; and command-and-control regulations will reduce emissions from select industries, but do not guarantee that either consumers or other industries won't simply emit more emissions elsewhere.

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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