Overview

In the 1990s, Congress enacted major changes to our banking policies. These changes untethered banks from their communities, allowed federally insured banks to engage in speculative trading, and fueled a massive wave of mergers.

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Broadband

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Access to the Internet is an essential infrastructure for any community that cares about economic development, quality of life, and educational opportunities. Unfortunately, most communities are presently dependent on a few unaccountable absentee corporations that act as gatekeepers to...

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Energy

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Wind and sun are available everywhere, so renewable energy can be economically harnessed at small scales across the country. This nature of renewable energy, and the exponential increase of renewable energy generation, promises to decentralize the nation’s grid system. ...

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Independent Business

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Places that are home to numerous locally owned businesses are more prosperous, sustainable, and resilient than those in which much of the economy is controlled by a few big corporations.

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The Public Good

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At the founding of the American Republic the word “private” had pejorative connotations. Derived from the Latin word “privare”, private meant to divide or tear apart. A privateer was a pirate. The word “public” was an honorable adjective, often...

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Waste to Wealth

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ILSR's Waste to Wealth program helps communities across the country create policies and practices that address citizens' environmental concerns and economic needs. We help citizens fight the incinerators and landfills that pollute their air and water, and drive property...

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Economist finds many flaws with the cap-and-trade mechanism

| Written by John Farrell | No Comments | Updated on Sep 10, 2009 The content that follows was originally published on the Institute for Local Self-Reliance website at https://ilsr.org/economist-finds-many-flaws-capandtrade-mechanism/

Giventhe potential boondoggles of trading and the environmental successes with simple regulation (a la the EPA), it’s surprising that cap-and-trade is the leading policy option for addressing climate gases. The McKinsey folks have already illustrated the most cost-effective strategies in their carbon abatement cost curve and the EPA has the authority to implement many of those efforts. What are we waiting for?

For more on this, see David Morris’ essay on the Waxman-Markey bill: http://tinyurl.com/qekkrc

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Building Community, Strengthening Economies

Economist finds many flaws with the cap-and-trade mechanism

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