Within the scientific field an absolute certainty that humans have fueled global warming will never be obtained, no matter how much time is provided for study. It is paramount that action, such as the Cap and Trade Policy, is taken immediately to mitigate the production of greenhouse gases and slow global warming. Failure to take these steps will only exacerbate the deleterious effects of global warming as time progresses.
Many opponents to implementation of emissions restrictions, such as that of the Cap and Trade Policy, have also suggested that alternative energy sources are not sufficiently advanced or effective to meet the energy demands currently provided by fossil fuels. Presently, alternative energies are largely fringe suppliers of global energy (Simon). Solar, wind, bio-fuels, and the like, are not adequately advanced to take the place of fossil fuels on any extensive level (Simon).
Proponents of alternative energies, however, suggest this argument is a non-sequitur because it makes the erroneous assumption that alternative energies would need to entirely replace fossil fuels, whereas in reality, alternative energies need only replace a portion of the energy provided by fossil fuel usage in order to help meet the restrictions of a cap and trade policy (Simon; Wilhelm). Additionally, they state it fails to acknowledge that the emissions restrictions are gradual over many decades and that technological advancements will continue to occur during this time period. For example, the efficiency of solar cells was less than 20% two decades ago and is greater than 40% now (Simon).
It is this author's opinion that it seems likely that in the future, the efficiency...
Cap and Trade Policy: In the past few years, there has been solid scientific evidence that global warming or climate change is taking place. This has contributed to the birth of carbon emissions trading within the European region and the enactment of several mitigation initiatives at the state level. These measures have in turn exerted pressure on the federal government to control the emission of carbon dioxide, which has reached fever
There is therefore the need to implement parallel policies together with it. Additionally, implementing the cap and trade policy alone will lead to a rise in prices of almost all goods and services since virtually everything relies on energy. The only way that has been suggested towards solving this problem is implementing parallel policies which will bring down the allowance prices, cut emissions, and save consumers' money by reducing
If Japan and other countries are more sufficient in their acts of globalization, they can help with the greenhouse effect from KYOTO protocol. The Kyoto protocal was signed in Kyoto, Japan in 1997. In this protocol, industrialised countries commited themselves to reduceing their greenhouse gas emissions by a few percent in 2008-2012 compared to the 1990 base year. The exact percentage for each country is noted in the Annex 1
Results can then be used to optimize the benefits and minimize the costs. Economists for example should also research the effect of the bill on specific sectors of the nation, such as the poor, and those who depend upon specific energy industries for their wealth. If such research is used to demonstrate to the public the specific projections for the future by means of a generally available report, it
But the supply far outstrips demand, Europeans are finding. The climate of this marketplace itself is decidedly cloudy. Advance prices have plunged by half. At this point, one shouldn't portray it as a liquid, vibrant market," said Atle C. Christiansen of PointCarbon, a Norway-based research firm (Climate, 2004). More than six years after governments negotiated the historic climate accord in Kyoto, Japan, the world is taking only halting steps _ not always
Australian Carbon Tax The introduction of a carbon tax in Australia would have clear implications for economic and environmental sustainability. While in the long-term, the aim of such a tax seeks to promote environmental sustainability for Australia as a whole, in looking at the short-term, there appear clear implications for economic sustainability for a wide variety of businesses and households. One such area of business that seeks to be affected in
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