Reference no: EM13967130
Cap and Trade versus Carbon Tax
A number of solutions to combat carbon emissions and mitigate global climate change have been proposed. However, solutions should be scrutinized for a number of factors including their potential to slow atmospheric emissions, their economic influence, and their political backing, before being introduced or implemented nationally. Two solutions often debated, cap and trade and a carbon tax, are discussed at length in the beginning of Chapter 3 of your text. Additionally, you should watch the video, Carbon Tax and Cap and Trade for a more detailed analysis of both concepts. Based on these materials, write a paper summarizing both solutions and recommending the better option. In your paper:
a. Summarize both cap and trade and a standard carbon tax, making sure to thoroughly describe the aspects of each policy that can be manipulated (e.g., how to distribute permits, who to tax, etc.).
b. Compare the carbon reducing potential of the two plans and analyze which holds the greater potential to slow global climate change and why.
c. Compare the economic impact of the two plans and include an evaluation of which policy will likely lead to better economic outcome and why.
d. Briefly compare the political arguments for and against the two plans and include an evaluation of which is more likely to pass through Congress and be implemented into U.S. law and why.
e. Based on your analysis above, provide a recommendation for either cap and trade or a carbon tax and briefly describe why you have chosen one over the other.
|
Unit sales forecast modeling
: Boris Badenov has discovered that the change in product A demand in any given week is inversely proportional to the change in sales of product B in the previous week. That is, if sales of B rose by X% last week, sales of A can be expected to fall b..
|
|
Corruption and bribery are common in some countries
: Would you avoid locating in such a country, or locate there and deal with it? If the latter, how would you deal with it?
|
|
Determining the cost forecasting
: Dorothy Gale, a quality-control supervisor for Wizard Products, Inc., is concerned about unit labor cost increases for the assembly of electrical snap-action switches. Costs have increased from $80 to $100 per unit over the previous 3 years. Gale ..
|
|
How do blogs reinforce a company''s brand
: Select one social media tool. Research the tool and discuss how to use that tool in a professional setting. For example:
|
|
Compare the carbon reducing potential of the two plans
: Summarize both cap and trade and a standard carbon tax, making sure to thoroughly describe the aspects of each policy that can be manipulated (e.g., how to distribute permits, who to tax, etc.). Compare the carbon reducing potential of the two plan..
|
|
Determining the sales trend analysis
: Environmental Designs, Inc., produces and installs energy-efficient window systems in commercial buildings. During the past 10 years, sales revenue has increased from $25 million to $65 million.
|
|
How did the experience engage your feelings or emotions
: Type of museum, site or event. For example, is it a portrait museum, a poetry slam, an outdoor Shakespeare festival performance? If you attended a performance, name the performer or the piece. Be specific about what you attended, when, and where.
|
|
How should bargaining range be used in negotiations
: How should bargaining range be used in negotiations? Be sure to include a definition of the bargaining range and an explanation of the major components of the bargaining range.
|
|
Compute the distance between two points
: Compute the distance between two points ( 1 - sqrt2, - 1) and (2 + sqrt2, 4). Evaluate the following expression when x=3 and y+2, 2xy-x^2y. Solve the equation for L . p = 2L + 2w.
|