As my colleagues and I here at AEI have pointed out,while cap-and-trade is a useful mechanism for controlling certain kinds of environmental problems (such as acid rain),it is far from a panacea. Some pollution problems are unsuited …[...]
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That work eventually led to emissions-trading programs such as acid rain,that have consistently been held up as an example for the current cap-and-trade plan to curb greenhouse-gas emissions. (Here’s a nice history of emissions-trading …[...] | |||||