Word: scheming
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...After the signing of the 1997 Kyoto Protocol, Michael Sandel infamously voiced a challenging concern for any cap-and-trade scheme. In a New York Times op-ed, Dr. Sandel wrote that cap-and-trade policies at any level would “undermine the ethic we should be trying to foster on the environment.” Many of Sandel’s claims in the piece regarding the economic infeasibility of a cap-and-trade scheme are weak, but the argument that cap and trade could hinder the needed spirit of collective responsibility is no joke...
...When discussing policy, both economic feasibility and a fair distribution of burdens should be considered as well as how a political action can imbue a spirit of collective responsibility and sacrifice for the environment. Hopefully large cap-and-trade schemes pass in Washington and the U.S. joins in at the U.N. Climate Conference in Copenhagen—grand-scale cap and trade is the best way to quickly reduce emissions. But we must be careful that the framework of any cap-and-trade scheme does not unfairly exonerate the responsibilities certain groups should have to face. More importantly...
...trade scheme must reflect the reality that developing countries have contributed little to climate change yet stand to be hurt the most. Unjustifiably, many in developed countries claim they should be allowed to emit more per capita than developing countries because their economy has grown to rely on emissions. It is one thing to not punish developed countries for a history of irresponsibility on the basis that they were ignorant of the harmful effects, and it is another thing to reward harmful behavior. Instead, as many other have proposed, emission credits should be pegged to U.N. population size estimates...
...does the ability to buy credits really make emissions more culturally acceptable? More importantly, does the cap-and-trade scheme raise more cultural awareness about the issue or less? It may be the case that, under a cap-and-trade scheme, emissions will become more stigmatized in light of the existence a common venture to defeat global warming, regardless of its reliance on cold market logic. There are arguments on both sides, and it ultimately depends on how cap and trade is sold to and bought by the people. If a cap-and-trade scheme is spun in the rhetoric...
...Hillary Clinton proposed a system similar to Nixon's - but failed to bring aboard moderate Republicans, who favored a universal system based on requiring individuals rather than employers to participate. In the 2008 campaign, Obama and Hillary Clinton proposed plans that looked very much like the 1993 Republican scheme - do you detect a pattern here? - and the congressional debate, which will take place this summer, begins there...