Word: carbonations
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Next spring, James G. Anderson will embark on a “hunting expedition” to study greenhouse gas emissions in the Arctic, using instruments developed in his lab to measure methane and carbon dioxide emissions of the melting...
Anderson, a professor of atmospheric chemistry, said his project will focus primarily on the amount of carbon that is emitted, the “hotspots” of emission, and the sources of this carbon...
...carbon tax enacted by the government, on the other hand, would be weaker than a cap-and-trade system because Congress would be too preoccupied with keeping taxes low, Stavins said...
Their paper concluded that Congress is more likely to pass a cap-and-trade system—in which the government puts a cap on the amount of a pollutant that can be emitted—than a carbon tax, because the cap-and-trade system exhibits the “independence property”—the theoretical and actual ability of a system to keep costs low and environmental performance high...
Stavins said in a recent interview with The Crimson that a cap-and-trade system would be more efficient and less controversial than a carbon tax because limiting the total amount of carbon that corporations emit does not require an equal distribution of pollution limits. He explained that while a carbon tax would be superior in theory, a cap-and-trade system would be more practical when political realities are taken into account...