Rensselaer Fall 2011 Webinar Series - Archived Presentation 2

"Tradable Pollution Permits and Green Taxes"
Originally presented Wednesday, September 14 by Professor James Stodder

What is the evidence that the rise in global temperature has been caused by humans?  The view that it has been is supported by the vast majority of climate scientists, and now by most US citizens as well.

The proper response to global warming, however, is still highly controversial.  Are tradable “pollution permits” a better market-friendly form than taxes, or just a hidden form of taxation?  Which policies are most favorable to green businesses, and to economic growth overall?  Is an economic downturn the wrong time to be subsidizing green investment, or the best time?

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