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Nov 13, 2009 | Seeker Blog
Fee-and-dividend: Cap-and-Tradea s Unlikely Critics: Its Creators
I was pleased to see this piece in the WSJ 13 Aug 2009. For climate change policy, even the economists who developed the concept, Thomas Crocker and John Dale , recommend emissions taxes instead of cap-and-trade for cutting fossile fuel consumption.
Recent Centennial DiscussionsCreator of Cap-and-Trade Now Says Plan is Ineffective and Inflexible
"When he was a graduate student in the 1960s working to reduce pollutants, Thomas Crocker devised a cap-and-trade system similar to one being considered in Congress." Source of photo and caption: online version of the WSJ article quoted and cited below.
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