The Why Files The Why Files --

 Economics vs. global warming: Carbon tax vs. cap-and-trade!

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1 The U.S. Acid Rain Program: Key Insights from the Design, Operation, and Assessment of a Cap-and-Trade Program, Sam Napolitano et al, The Electricity Journal, Volume 20, Issue 7, August-September 2007, Pages 47-58.

2 Carbon Trading Over Taxes, William Chameides and Michael Oppenheimer, Science 23 March 2007: Vol. 315. no. 5819, p. 167.

3 Smart Taxes: An Open Invitation to Join the Pigou Club, N. Gregory Mankiw, personal communication, based on a talk at the Eastern Economic Association, March 8, 2008.

4 Cap-and-trade or carbon taxes? The feasibility of enforcement and the effects of non-compliance, International Environmental Agreements: Politics, Law and Economics, Volume 6, Number 2 / June, 2006.

Carvin' carbon on the credits page!

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