Word: tradings
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...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...
...moral arguments against both cap-and-trade schemes are ubiquitous. A recent denunciation comes from Father Paul Mayer, co-founder of the Climate Crisis Coalition. Last month, he suggested that any continued pollution of the atmosphere is a sin: How can evil emitters be given the option of buying the right to sin from other groups—most likely struggling developing countries who bear little to no blame for the problem? Images of 16th-century Catholic indulgence policies come to mind...
...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...
...major record labels for downloading seven songs and sharing several others while he was still in high school, was a windfall. Here was a chance to take action against an industry that, to Nesson’s mind, is advocating the repression of a fundamental freedom to access and trade information on an open Internet, and doing it in a bullish way. The professor had never seemed so excited as he did in the hours after the Tenenbaum deposition, says Isaac Meister ’09-’10, a thin, bespectacled undergraduate who serves on the team...
...news flash is "asset." Thanks to the cash-for-clunkers program cooked up in Congress, our 2001 Honda Odyssey may actually be worth something - up to $4,500 if we trade it in on a new, more efficient vehicle. That works out to nearly a dollar per dent, scratch, stain and tear...