Last time around I started discussing a relatively new frontier in environmental regulation – credits trading or “cap and trade.” It’s a relatively free market idea, at least compared to the old-fashioned “command and control.” Last time around I discussed the pilot cap and trade program: emissions trading for control of acid rain. Before moving […]Read more "A Better Way Forward 2"
What’s meant by a “cap and trade” regulatory scheme? As of a decade ago, I couldn’t have told you but I’ve become familiar with this concept and have read widely from both proponents and opponents of the concept. I’m going to try to do justice to the idea here, in a few of its most […]Read more "A Better Way Forward"