...As Congress moves closer to enacting a ''cap-and-trade'' program aimed at limiting U.S. greenhouse gas emissions, a number of commentators are touting a carbon tax as a preferable policy. Their key arguments in support of such a tax: 1) it would be simpler; and 2) the European Union has tried the cap-and-trade approach, and it has failed.
Both arguments are wrong.
More from the Miami Herald
Since she left her position as chief climate negotiator for the Clinton Administration Eileen Claussen has been an ardent promoter of Cap-andTrade, the Pew Center which she founded is a founding member of USCAP.