Tuesday, July 17, 2012

Why reinvent the wheel? A cap-and-trade versus a carbon tax.

I read this short piece from The Guardian this morning and think it gives a really nice overview of what a 'price on carbon emissions' is and why we need one.  I can write the same thing, but this article is concise and digestible, so, I figured I'd just share it.  Take a read here.

The article talks in general concepts but gives a nice overview of the two main policy mechanisms employed to place a price on carbon emissions: a carbon tax versus a cap-and-trade system.  

Cheers from the Pacific,
lisa

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