Here is the synopsis of our sample research paper on CAP AND TRADE AND MICROECONOMICS. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 12-page paper offers an overview of cap and trade, as well as how it pertains to microeconomics. Bibliography lists 5 sources.
Page Count:
12 pages (~225 words per page)
File: AS43_MTcaptrade.rtf
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Unformatted sample text from the term paper:
With global warming a more or less proven reality by much of the worlds scientists, the goal was to reduce carbon emissions. What better way to reduce them then by
introducing the concept of cap and trade. Cap and trade, which is market-based, seemed to be the perfect solution for the United States, a country that prides itself on capitalism
and free markets. With help from cap and trade, a viable commodity could now be carbon and carbon offsets. Except it hasnt
worked that way. Whats happened, instead, is that the desire to push cap and trade through Congress has stalled, while opponents have loudly claimed that cap and trade is actually
cap and tax. Even those who have been proponents of cap and trade are somewhat dubious, especially given the current legislation pending before Congress.
Is the idea of selling carbon permits, in other words, giving a company license to pollute, a good, economic idea? Can this be fit into the definition of economics,
that of the allocation of scarce resources? Or is cap and trade going to end up in another scenario, that of the whim of politicians?
In this paper, well examine cap and trade and provide some background. Then well discuss the economic ramifications of cap and trade, and whether it is, or is
not, such a good idea. What is Cap and Trade? Cap and trade, according to the EPA, is a tool that provides
a mandatory cap on emissions on the one hand, while providing flexibility in terms of compliance (Cap and Trade, 2010). Basically, through cap-and-trade, organizations can "buy" carbon offsets by paying
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