A balance of bottom-up and top-down in linking climate policies

Neither extreme is desirable.

Judge a carbon market by its cap, not its prices

The goal of emissions trading systems is to make them scarce, not to make them costly.

Carbon trading grows up

When someone robs a bank, nobody challenges the legitimacy of banks. They suggest instead that the bank find better security. Why should carbon markets be any different?

Pluses and Minuses of a Carbon Tax

Either a tax or a cap can put a price on climate pollution. The goal is to reduce it.

A balance of bottom-up and top-down in linking climate policies

Neither extreme is desirable.

Judge a carbon market by its cap, not its prices

The goal of emissions trading systems is to make them scarce, not to make them costly.

Carbon trading grows up

When someone robs a bank, nobody challenges the legitimacy of banks. They suggest instead that the bank find better security. Why should carbon markets be any different?

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