The Real Climate Debate: To Cap or to Tax? - Tom Redburn (New York Times)

The political debate pits those who favor what is known as a “cap-and-trade” program against those who support a direct tax on the man-made production of carbon dioxide, which mostly comes from coal, oil and natural gas used to generate energy. Most economists support a carbon tax. Environmentalists favor cap-and-trade as the most environmentally sound approach.
Published On:	3/10/2008
Submitted On:	3/10/2008 9:49:46 AM by Frank K
Categories:	People And Politics & Fossil Fuels

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