US Cap and Trade key points

US Cap and Trade key points - A U.S Cap-and-Trade System to...

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A U.S. Cap-and-Trade System to Address Global Climate Change Robert Stavins John F. Kennedy School of Government – Harvard University October 2007
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Printed on recycled paper-actually better, not printed at all Abstract The need for a domestic U.S. policy that seriously addresses climate change is increasingly apparent A cap-and-trade system is the best approach in the short to medium term. A cap and trade system provides: certainty about emissions levels, cap-and-trade offers an easy means of compensating for the inevitably unequal burdens imposed by climate policy; it is straightforward to harmonize with other countries’ climate policies; it avoids the current political aversion in the United States to taxes; it has a history of successful adoption in this country.
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Printed on recycled paper-actually better, not printed at all Key features of a specific cap-and- trade system An upstream cap on CO 2 emissions with gradual inclusion of other greenhouse
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US Cap and Trade key points - A U.S Cap-and-Trade System to...

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