Foreign Policy Blogs

The Facts of Cap and Trade

I was interviewing a world-class expert on energy and the environment yesterday for a project I’m on, and the discussion came around to many environmentalists’ distrust of cap-and-trade and other modes of “market-friendly” environmental activity.  I was reminded of the video from Nathaniel Keohane, Environmental Defense Fund’s Director of Economic Policy and Analysis.  (It is a rejoinder to Annie Leonard’s popular – and misguided – misrepresentation of cap-and-trade.)  Folks:  If we want to save the planet then it is pretty important to remember that sustainable development incorporates economic viability in its essence.  Lots of hard-working, effective environmentalists know this.  See the World Business Council for Sustainable Development (WBCSD) for just one instance.

(from Clean Energy Works)

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