
Originally Posted by
longcall911
I'm generally in favor of the cap part, and generally opposed to the trade part. If I cut my emissions by 10% then sell them, and the recipient outputs what I saved, where is the net gain?
I completely agree. I guess a benefit could be that it gives companies an incentive to cut their emissions because they can sell that extra 10% and it puts a real $ cost on companies that have to buy that 10% extra when they go over their cap. I keep flip flopping on this issue. If done right it might work, as they decrease the supply (lower the cap) basic economics tells you that it should get more costly for companies and it might make sense for them to start considering reducing their emissions instead of buying credits.
Greener People for a Greener World TM
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