What is a cap-and-trade program?Provide one environmental and one economic argument against the use of cap-and-trade programs

What will be an ideal response?


An ideal response will:
1, Describe cap-and-trade as a government program in which the government sets a mandatory cap on emissions and then issues credits to companies for a certain amount of emissions.If one company does not use all of its credits, it can sell credits to those thatwish to exceed their emissions cap.
2, Provide an environmental argument against cap-and-trade.For example, it is very hard to track emissions and to ensure that overall emissions are below acceptable levels.
3, Provide an economic argument against cap-and-trade.For example, the credits purchased by high emission facilities will be passed along to consumers in the form of higher energy costs.

Political Science

You might also like to view...

Bandwagoning is the tendency for weak states to seek alliance with the strongest power in order to increase their security

a. True b. False Indicate whether the statement is true or false

Political Science

A key area in which party organizations normally play an important role is:

a. patronage. b. fund raising. c. endorsing candidates. d. dictating policy positions taken by the party in government.

Political Science

Despite state attempts to slow down deforestation, many find it difficult because

A) developed nations do not support such activities. B) lumber is economically valuable. C) no one is to blame. D) social pressures push towards deforestation. E) terrorists continue to start forest fires.

Political Science

In what way does a federal system allow for flexibility at the local level?

What will be an ideal response?

Political Science