Listen Up: Cap and Trade’s Impact on Fuel Prices

Over 95 percent of climate scientists have concluded that CO2 is the primary cause of global warming. Solving the problem requires a dramatic reduction in CO2 emissions. Some people are altruistic, but almost all businesses are bottom line oriented and will not reduce their CO2 emissions unless they have an economic incentive to do so. There are two realistic incentives: taxing CO2 emissions or setting up a cap and trade program for CO2. Since increasing taxes is politically unfeasible, the most practical approach is with a cap and trade program.

via Renewable Energy News – RenewableEnergyWorld.com http://ift.tt/1tgXKjp

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