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Unformatted text preview: carbon that a country is allowed to produce would also limit economic growth until other low emission energy means are found. Westing says that the level of emissions cannot be based off the current amounts being discharged by industrialized and rapidly industrializing nations and neither can it be based off the population because this will encourage further population growth and will reward over populated countries. The best way, according to Westing, is to use energy efficient devices to lower the amount of carbon output and through international agreements, a cap-and-trade scheme. The cap-and-trade approach would include a leasing way of reducing carbon emissions. The more industrialized countries could lease the amount of carbon emissions from less industrialized countries. http://www.nytimes.com/2010/02/18/opinion/18iht-edwesting.html...
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This note was uploaded on 07/21/2010 for the course ECO 001 taught by Professor Melkonian during the Spring '10 term at Hofstra University.
- Spring '10