To some people, emissions trading is the rock star of environmental economics since it provides efficient markets and environmental certainty. To others, it is a dangerous scheme, making consumers pay for higher profits of investment banks and utilities while providing few environmental benefits. Who is right and what path will the Obama administration take? Come along and debate with fellow MIT Energy Clubbers, policy wonks and finance aficionados. The discussion will cover the basics of emissions trading, using the American SO2 markets and the European CO2 markets as case studies.
Sulfur Dioxide Emission Allowance Trading Program
Designing a U.S. Market for CO2