Market Failure & Correction: Cap & Trade, Carbon Tax and more

Resources relating to how market failure has led us to over polluting to the point that greenhouse gases are moving us toward another global extinction episode are provided below and will be added to as they become available.

Wikipedia entries have some clear and referenced information on Emissions Trading including Cap and Trade and a comparison with Carbon Taxes including an assessment of the programs in a variety of nations and states.

Groups working on Fixing “Market Failure”:  In the United States and Internationally, the group Citizens Climate Lobby works with grassroots community members to lobby Congress and legislatures to pass legislation that would create a “fee and dividend” carbon tax so that fossil fuel use accurately reflects it societal, health and environmental costs.  There are an increasing number of chapters around the country and world and it has the endorsement of Bill McKibben and Jim Hansen, former NASA scientist.

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