Tuesday, November 6, 2012

Cap and Trade

Of course, a laissez-faire lieu is what permitted reckless firms to pollute the environment in the first place, only when on the complete opposite, is the solution to this problem a hail government tax? Ultimately, the extra cost will be passed to consumers. Should consumers have to pay for the failure of America's business schools to inculcate friendly responsibility?

In 1997, leaders of most developed modify nations met to sign the Kyoto Protocol which would develop a cap and switch system for six major greenhouse gasses to be useful in 2005(UNFCCC). The unify States did not sign the agreement. However, in


UNFCC. United Nations Framework Convention on climate Change. Accessed 27 August 2009 http://unfccc.int/2860.php.
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2009 the Obama administration in plan with democratic leadership in both houses of Congress be trying to pass a carbon tax for the United States, which among its provisions, calls for an import duty on goods imported from developing (polluting) countries. capital letter think tanks and non-governmental organizations are using fear tactics, such as describing the melting of the polar ice, to pass this kind of legislation (Washington Post). The environmental policy negotiator for Bill Clinton, Senator Timothy Wirth, has come away in describing such Carnegie I
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