Critique of U.S. House Bill 2454 on Climate Change

Michael J. Waggoner

Abstract


The U.S. House of Representatives, in June 2009, approved a bill to create a cap and trade system and a system of regulations and subsidies to address the problems of climate change. The U.S. Senate is now considering remedies for climate change. The approach of House Bill 2454 is ill-advised, and should be rejected by the Senate, because of the problems outlined below. I propose that these problems that would not be presented by a carbon tax, a simpler and more effective remedy for the risk of climate change.

Keywords


Climate Change; US House Bill 2454

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Copyright (c) 1970 Michael J. Waggoner

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