U.S. Policy and Global Warming
Questions:
Read Dale W. Jorgenson's
testimony before the Senate Committee on Environment and Public Works on "The Economics of Climate Change."
- Why is it desirable that the proposed policy be implemented through international treaties?
- Is there an incentive for countries, particularly smaller, less developed economies, to be "free riders?"
- What is the advantage of using internationally tradeable permits rather than fixed standards?
