World News and Views :: Top of the News
Part Two: Economic Costs Could Be High
12:21 PM MST | February 10, 2010 | Vincent Valk
This is part two of a three-part web series on the implications of cap-and-trade's potential failure in the U.S. Part one, which focuses on legal issues, can be found here. Part three, which will appear Friday, will focus on legislative and political issues. Economically, the costs of CAA regulation are unclear. However, economic costs would very likely be higher than those under cap-and-trade, Morris says. "There is a broad consensus amongst economists that it [Clean Air Act] is an inefficient way to control GHGs," Morris says. Brookings estimates that...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee