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Cap and trade, views from the news

19 June 2009 296 views

Notes from Reuters,  The  New York Times, and Yale:  Evironment 360

In a recent blog on Reuters, Felix Salmon tells us that one of the things he likes about working for Reuters is that he gets to pester other journalists who know what they are talking about.

And one of the things that I love about being an editor is that I can gather the news and views and let you be the judge.  As such,  here are a few items on Cap and Trade beginning with Felix,  Reuters: cap-and-trade

from The New York Times: The Cost of Cap and Trade

Casey B. Mulligan writes, “As part of a public strategy to offset global warming, the president and Congress are considering “cap-and-trade” laws to limit the United States’ carbon dioxide emissions. One question raised in this debate is the amount that such limits would cost United States taxpayers and consumers. ” Here are some answers NYT: the-costs-of-cap-and-trade

from Environment 360 at Yale, the word is “The Flawed Logic of the Cap and Trade Debate.”

One of the points Nordhaus and Shellenberger make is this:  “For more than a decade, the cap vs. tax debate has taken on a ritual quality, with carbon tax advocates conveniently ignoring the reality that the reason that capping and trading carbon has been so ineffectual has been the unwillingness of politicians to establish a high price on carbon.”   Cap and trade, YALE

For a related story please go to the Waxman-Markey bill on these pages.

–REW