The Transition Can Be Gradual—and Affordable
The world is facing a potential catastrophe from greenhouse-gas emissions. But nations don't have to wreck their economies to avert the crisis. Full Story »
Posted by Derek HawkinsReview
Stavins lays out an approach to stemming global warming by employing the proven cap and trade system to cut greenhouse gas emissions while developing and applying nonemitting energy technology in an orderly manner. This is a well argued approach, the weakness of which is the difficulty that is anticipated in effecting a truly international cap and trade system given the third world's thirst for development.
