Reducing CO2: ‘Cap and Trade’ or ‘Fee and Dividend’?
25 December 2009
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Earlier this month (Dec. 7, 2009), two Op-Ed columns appeared in the New York Times–one, by Nobel-winning economist Paul Krugman, supporting ‘cap and trade’ strategies for reducing carbon emissions, and the other, authored by NASA’s James Hansen (head of the Goddard Space Flight Center) advocating a new approach that he calls ‘fee and dividend’. So, which is the most effective policy to pursue and implement?
The following is a break down of the two carbon-cutting strategies:
Read the whole story on:http://greenoptions.com
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