1. What effect will this program have on the global issue?
First issue about this, are anthropogenic carbon dioxide emissions a global issue?
For Al Gore, the debate is over, yet for many actual scientists the science is far from over. The exact magnitude of anthropogenic carbon dioxide on global warming is still not concrete. Even Dr. Rajendra Pachauri, chairman of the IPCC, has recently said that the IPCC?s evaluation of climate sensitivity (the rate of temperature change a given amount of greenhouse gas will cause) must now be revisited.
Let?s say we put the issue aside of anthropogenic CO2 not causing global warming because alarmists and non-alarmists could debate back and forth all day on this subject.
The issue of effectiveness of cap and trade programs should be in question when implementing a program that would slow development for the entire world:
Patrick J. Michaels, a prominent scientist states, ?If every nation on Earth lived up to the United Nation?s Kyoto Protocol on global warming, it would prevent no more than 0.126 degrees F of warming every 50 years.?
Bjorn Lomborg, author of the Skeptical Environmentalist, states in regards to Kyoto,?..we could have postponed global warming in 2100 by five years?the temperature we would have seen in 2100, we would see in 2105.?
Under the European Trading Scheme, emissions covered by the program rose by 0.8% across the EU as a whole.
Since the effect of a worldwide trading scheme is expected to have little or no effect and the European example actually shows that emissions increased. A regional plan would have so small of an effect on global warming that it would be immeasurable.
2. What will it mean for the Western States Initiative if the next president implements a national cap-and-trade system?
I certainly hope that the next president will take a look at the utter failure of the European system and will not consider extending any program to the rest of the United States.
Before programs are implemented, I would assume and hope that politicians would look at previous examples of cap and trade and see that it is an utter failure.
3. How will restrictions on utilities and other industries affect energy consumers in the Pacific Northwest?
There is a fairly obvious answer for this question. Cap and trade has a great marketable name because it doesn't involve the word "tax", however cap and trade is a tax. It increases the cost of operating business and these costs are obviously passed down to the consumer. Implementation of the program will not only raise electricity bills but it will raise the cost of almost everything in the market. The cost of manufactured goods, transported goods, etc. will rise with use of a cap and trade system.
posted 4 years, 11 months ago
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