Carbon Credits, Cap and Trade - Same As Rationing
11 May 2008
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Photo courtesy curran.kelleher.
Carbon credits and the cap-and-trade systems create, at the lowest level, a government-sanctioned ration on goods and services. How? Carbon credits and cap-and-trade systems provide a finite amount of carbon that can be released into the atmosphere, thus limiting the amount of carbon-emitting goods and services that are available.
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Tags: Ice, carbon, atmosphere, carbon credit, carbon credits
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[...] some interesting commentary on carbon credits and the cap-and-trade system, saying that it’s just a government-sanctioned ration on goods and services? How? Both [...]
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