Sunday, February 28, 2010

Nice source/resource if you need info on Cap and Trade...

Useful site that provides referenced links to the evolution of Cap and Trade from conception to today...This would be an excellent source if you have to research the topic

Capping It Off:  How a concept became an environmental policy catchphrase.
" "Cap and trade" began not as a catchphrase, but as a simple concept: that the market could help curb pollution. Its roots date to the 1960s, when U.S. government scientists came up with a scheme for regulating sulfur dioxide emissions through setting a cap and then trading the right to emit over the limit. By the 1970s, environmentalists -- and their politician allies -- embraced the concept, and it became standard in regulatory legislation. Now, as climate change makes the regulation of carbon emissions crucial, cap and trade may be more necessary than ever, if global wrangling doesn't do it in first. "
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