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Author: benrudin (3 Articles)

Ben Rudin is an active member of the College Democrats at the University of Oregon. He describes himself as a libertarian Democrat and supporter of the Democratic Freedom Caucus.

Would you prefer a Carbon Tax or a Cap and Trade Mechanism?

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For many years we have had a debate about how to solve the problem of fossil fuel pollution. We have seen many topdown micromanaging regulations, such as limits on the miles-per-gallon in new automobiles, lightbulb regulations, subsidies to “green collar” industries, and others. A debate also exists about the proper replacement for fossil fuels, whether it be solar, wind, geothermal, nuclear, etc…

carbon tax 1 Carbon Tax is the Better Solution

Right now, Congress is considering cap-and-trade, which would limit the amount a pollutant can be used, in this case, carbon. Companies would need to have carbon credits to pollute, and the credits represent one ton of carbon dioxide. If companies wish to increase their pollution, they would need to buy credits from those who pollute less than their credits allow. All these policies might be better than nothing, but that says very little. A carbon tax is the better solution, due to its incentives and the fact that it treats the disease, not the symptoms.”

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