Cap and Trade

[loveisdead]

Good idea? Most effective way to deal with these issues?

http://gregmankiw.blogspot.com/2009/08/reading-for-pigou-club.html

http://www.nytimes.com/2009/05/18/opinion/18krugman.html

[open mind]

it's an imperfect half assed step but it's better then nothing.

[macabre]

It worked for sulfur dioxide, why not?

http://www.grinningplanet.com/2004/02-12/sulfur-dioxide-wet-deposition.gif

[loveisdead]

Mankiw's argument is interesting. Just put a straight tax on it. Reminds me a lot of thefair tax argument.

[saysmydoctor]

Yeah, the cap and trade thing seems overcomplicated, though in essence I agree with it.

[loveisdead]

Yeah, the cap and trade thing seems overcomplicated, though in essence I agree with it.
That was half the point of me making the thread. I want to understand it better cause it's complicated.