Congress leads, the private sector finds and funds the solutions
*Cap and trade guarantees the carbon pollution cuts we need.
*Cap and trade drives investments and innovation to create jobs.
*Cap and trade helps farmers with credits for carbon reductions.
“Cap and trade” harnesses the forces of markets to achieve cost-effective environmental protection. Markets can achieve superior environmental protection by giving businesses both flexibility and a direct financial incentive to find faster, cheaper and more innovative ways to reduce pollution.
Cap and trade was designed, tested and proven here in the United States, as a program within the 1990 Clean Air Act Amendments. The success of this program led The Economist magazine to crown it “probably the greatest green success story of the past decade.” (July 6, 2002).
Read about the approach here.
Thursday, May 17, 2007
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