Issues / Environment

The coming years will undoubtedly witness intensive negotiations on global warming as concerns mount and the quantitative approach under the Kyoto Protocol makes little difference. As policy makers search for more effective and efficient ways to slow the trends, they should consider the fact that harmonized environmental taxes on carbon are powerful tools for coordinating policies and slowing climate change.
While melting ice caps and alarming shifts in ocean currents flashed across the headlines, little progress was made at December's climate change meetings.
Instead of looking back at the successful CFC phaseout, the U.S. needs to be looking toward the future and working to rapidly phase out all ozone depleting substances without compromising the goals of other treaties.
By insisting on an ineffectual and inequitable system of international emissions trading, the U.S. is obstructing other nations, courting ecological disaster, and preventing a worldwide economic boom from a transition to clean energy.
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