Cap-and-trade Vs. Carbon Tax

CapandT r ade Emi s s i onst ar get sar enot al waysachi evabl eduet o economi cuncer t ai nt i esand changesi nt hepr i ceof per mi t s ,asdemons t r at edi n Eur ope,J apan,andAus t r al i a. Wi l l i mpos eas i gni f i cant economi cbur denonU. S . f ami l i esandbus i nes s es . Cr eat esamas s i venew t r adi ng mar k etwhi chi sdi f f i cul tt o moni t orandadmi ni s t er .

Car bonT ax EMI SSI ONS REDUCT I ONS

Cos t Si mpl i ci t y

S et sani mmedi at eandcl ear pr i ces i gnal f orcompani esand i ndi vi dual st or educeemi s s i ons t hr oughpr omot i ngef f i ci ency andt heus eofal t er nat i ve ener gys our ces . T ax s hi f t i ngr et ur nsr evenuet o t hepubl i c. T ax eswi l l us et heex i s t i ng U. S .t axi nf r as t r uct ur er at her t hancr eat ecumber s ome new r egul at or ys t r uct ur es t omoni t or .

Mar ket Ri s k

Acar bont axi ss t abl eandnot s ubj ectt opr i cevol at i l i t y.At ax i smor ef l ex i bl e,al l owi ngf or changest obe madewi t hout di s r upt i ngt hemar ket .

Gi vess peci al i nt er es t st he oppor t uni t yt ogamet hes ys t em. Undercur r entpr opos al s ,f avor ed i ndus t r i eswi l l r ecei vebi l l i onsof dol l ar si nf r eeemi s s i onscr edi t s .

Speci al I nt er es t s

El i mi nat est heneedf orcl os eddoordeal i ngs .Af i x edpr i ceon car bonemi s s i onswi l l ens ur eal l compani esar ehel dequal l y r es pons i bl ef ort hei remi s s i ons .

f or dsal es s pr edi ct abl e i nves t mentf ut ur ef ori ndus t r y andcons umer s .

T echnol ogy I nnovat i on

Pr ovi despower f ul i ncent i vesf or i nves t ment si nmor e ener gyef f i ci entt echnol ogi es . andal t er nat i vesf uel s .

Woul def f ect i vel ycr eat eabi l l i on dol l art r adi ngmar k ets ubj ectt o t hes amet ypeofr i s k y s pecul at i ont hatl edt ot he r ecenthous i ngmar k etcol l aps e.