Yale Environment 360 asked a number of environmentalists, economists, and academics to explain which approach – cap-and-trade or a carbon tax – they preferred. There was disagreement on many points, but on one issue most concurred. As Jeffrey D. Sachs, director of the Earth Institute at Columbia University, said, imposing some sort of price on fossil fuels “is a big improvement over the do-nothing status quo.”

Here are their responses:

Frances Beinecke | Jeffrey D. Sachs | Fred Krupp
Roger A. Pielke Jr. | Robert N. Stavins | Charles Komanoff
Eileen Claussen | Baruch Fischhoff

via e360.yale.edu

If you read these you might realize that both a carbon tax and cap-and-trade have pluses and minuses. Stridently favoring one or the other to the point where you oppose implementation of your 2nd choice suggests that you are a bit of an obstructionist.


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