{"id":208,"date":"2010-05-13T10:18:33","date_gmt":"2010-05-13T17:18:33","guid":{"rendered":"https:\/\/thomasbachand.com\/blog\/?p=208"},"modified":"2010-05-13T10:18:33","modified_gmt":"2010-05-13T17:18:33","slug":"cap-trade-and-the-economics-of-climate-change","status":"publish","type":"post","link":"https:\/\/thomasbachand.com\/blog\/2010\/05\/13\/cap-trade-and-the-economics-of-climate-change\/","title":{"rendered":"Cap &#038; Trade and the Economics of Climate Change"},"content":{"rendered":"<div class=\"rtsocial-container rtsocial-container-align-right rtsocial-horizontal\"><div class=\"rtsocial-twitter-horizontal\"><div class=\"rtsocial-twitter-horizontal-button\"><a title= \"Tweet: Cap &#038; Trade and the Economics of Climate Change\" class=\"rtsocial-twitter-button\" href= \"https:\/\/twitter.com\/share?text=Cap%20%26%20Trade%20and%20the%20Economics%20of%20Climate%20Change&url=https%3A%2F%2Fthomasbachand.com%2Fblog%2F2010%2F05%2F13%2Fcap-trade-and-the-economics-of-climate-change%2F\" rel=\"nofollow\" target=\"_blank\"><\/a><\/div><\/div><div class=\"rtsocial-fb-horizontal fb-light\"><div class=\"rtsocial-fb-horizontal-button\"><a title=\"LikeCap &#038; Trade and the Economics of Climate Change\" class=\"rtsocial-fb-button rtsocial-fb-like-light\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fthomasbachand.com%2Fblog%2F2010%2F05%2F13%2Fcap-trade-and-the-economics-of-climate-change%2F\" rel=\"nofollow\" target=\"_blank\"><\/a><\/div><\/div><div class=\"rtsocial-linkedin-horizontal\"><div class=\"rtsocial-linkedin-horizontal-button\"><a class=\"rtsocial-linkedin-button\" href= \"https:\/\/linkedin.com\/sharing\/share-offsite\/?url=https%3A%2F%2Fthomasbachand.com%2Fblog%2F2010%2F05%2F13%2Fcap-trade-and-the-economics-of-climate-change%2F\" rel=\"nofollow\" target=\"_blank\" title=\"Share: Cap &#038; Trade and the Economics of Climate Change\"><\/a><\/div><\/div><div class=\"rtsocial-pinterest-horizontal\"><div class=\"rtsocial-pinterest-horizontal-button\"><a class=\"rtsocial-pinterest-button\" href= \"https:\/\/pinterest.com\/pin\/create\/button\/?url=https:\/\/thomasbachand.com\/blog\/2010\/05\/13\/cap-trade-and-the-economics-of-climate-change\/&media=https:\/\/thomasbachand.com\/blog\/wp-content\/plugins\/rtsocial\/images\/default-pinterest.png&description=Cap & Trade and the Economics of Climate Change\" rel=\"nofollow\" target=\"_blank\" title=\"Pin: Cap &#038; Trade and the Economics of Climate Change\"><\/a><\/div><\/div><a rel=\"nofollow\" class=\"perma-link\" href=\"https:\/\/thomasbachand.com\/blog\/2010\/05\/13\/cap-trade-and-the-economics-of-climate-change\/\" title=\"Cap &#038; Trade and the Economics of Climate Change\"><\/a><input type=\"hidden\" name=\"rts_id\" class=\"rts_id\" value=\"208\" \/><input type=\"hidden\" id=\"rts_media_nonce\" name=\"rts_media_nonce\" value=\"9ee5961889\" \/><input type=\"hidden\" name=\"_wp_http_referer\" value=\"\/blog\/wp-json\/wp\/v2\/posts\/208\" \/><\/div><div id=\"attachment_209\" style=\"width: 310px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/thomasbachand.com\/blog\/wp-content\/uploads\/2010\/04\/calt4313trb.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-209\" class=\"size-medium wp-image-209\" title=\"Decayed stump.  Sugar Pine Point State Park, California\" src=\"https:\/\/thomasbachand.com\/blog\/wp-content\/uploads\/2010\/04\/calt4313trb-300x244.jpg\" alt=\"\" width=\"300\" height=\"244\" srcset=\"https:\/\/thomasbachand.com\/blog\/wp-content\/uploads\/2010\/04\/calt4313trb-300x244.jpg 300w, https:\/\/thomasbachand.com\/blog\/wp-content\/uploads\/2010\/04\/calt4313trb.jpg 500w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-209\" class=\"wp-caption-text\">Decayed stump.  Sugar Pine Point State Park, California<\/p><\/div>\n<p>Drowned out by the launch of the iPad (enough already!) was an interesting article by Paul Krugman in the New York Times Magazine.\u00a0 Neither the article, nor this post,\u00a0 attempt to make the case for global warming.\u00a0 It&#8217;s pretty obvious that if you&#8217;re going to increase the earth&#8217;s natural carbon dioxide output by increased burning of fossil fuels (dead plant life from eon&#8217;s past) AND increase deforestation worldwide, thus reducing the earth&#8217;s ability to reabsorb the carbon, that you&#8217;re going to upset the earth&#8217;s carbon cycle and increase atmospheric carbon (http:\/\/en.wikipedia.org\/wiki\/Carbon_cycle).<\/p>\n<p>In <a title=\"Building a Green Economy by Paul Krugman\" href=\"http:\/\/www.nytimes.com\/2010\/04\/11\/magazine\/11Economy-t.html?scp=1&amp;sq=krugman%20green%20economics&amp;st=cse\" target=\"_blank\">Building a Green Economy<\/a>, Krugman examines the economic issues surrounding climate change, including &#8220;Cap &amp; Trade&#8221; versus other mechanisms, bringing China and India on board, and our polarized politics.\u00a0 Cost estimates for addressing global warming come in around 2-3% in reduced growth. Check it out.<\/p>\n<p>Regardless, as a conservative friend of mine likes to point out, sooner or later we have to move away from an petroleum-based economy.\u00a0 Going green is change for the better.\u00a0 It will create new jobs, innovation, and growth.\u00a0 Then, of course, there are the ancillary benefits of a healthier society.<\/p>\n<p>Mr. Krugman concludes with &#8220;We know how to limit greenhouse-gas emissions. We have a good sense of  the costs \u2014 and they\u2019re manageable. All we need now is the political  will.&#8221;<\/p>\n<p>Maybe there&#8217;s an app for that.<\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"rtsocial-container rtsocial-container-align-right rtsocial-horizontal\">\n<div class=\"rtsocial-twitter-horizontal\">\n<div class=\"rtsocial-twitter-horizontal-button\"><a title= \"Tweet: Cap &#038; Trade and the Economics of Climate Change\" class=\"rtsocial-twitter-button\" href= \"https:\/\/twitter.com\/share?text=Cap%20%26%20Trade%20and%20the%20Economics%20of%20Climate%20Change&#038;url=https%3A%2F%2Fthomasbachand.com%2Fblog%2F2010%2F05%2F13%2Fcap-trade-and-the-economics-of-climate-change%2F\" rel=\"nofollow\" target=\"_blank\"><\/a><\/div>\n<\/div>\n<div class=\"rtsocial-fb-horizontal fb-light\">\n<div class=\"rtsocial-fb-horizontal-button\"><a title=\"LikeCap &#038; Trade and the Economics of Climate Change\" class=\"rtsocial-fb-button rtsocial-fb-like-light\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fthomasbachand.com%2Fblog%2F2010%2F05%2F13%2Fcap-trade-and-the-economics-of-climate-change%2F\" rel=\"nofollow\" target=\"_blank\"><\/a><\/div>\n<\/div>\n<div class=\"rtsocial-linkedin-horizontal\">\n<div class=\"rtsocial-linkedin-horizontal-button\"><a class=\"rtsocial-linkedin-button\" href= \"https:\/\/linkedin.com\/sharing\/share-offsite\/?url=https%3A%2F%2Fthomasbachand.com%2Fblog%2F2010%2F05%2F13%2Fcap-trade-and-the-economics-of-climate-change%2F\" rel=\"nofollow\" target=\"_blank\" title=\"Share: Cap &#038; Trade and the Economics of Climate Change\"><\/a><\/div>\n<\/div>\n<div class=\"rtsocial-pinterest-horizontal\">\n<div class=\"rtsocial-pinterest-horizontal-button\"><a class=\"rtsocial-pinterest-button\" href= \"https:\/\/pinterest.com\/pin\/create\/button\/?url=https:\/\/thomasbachand.com\/blog\/2010\/05\/13\/cap-trade-and-the-economics-of-climate-change\/&#038;media=https:\/\/thomasbachand.com\/blog\/wp-content\/plugins\/rtsocial\/images\/default-pinterest.png&#038;description=Cap &#038; Trade and the Economics of Climate Change\" rel=\"nofollow\" target=\"_blank\" title=\"Pin: Cap &#038; Trade and the Economics of Climate Change\"><\/a><\/div>\n<\/div>\n<p><a rel=\"nofollow\" class=\"perma-link\" href=\"https:\/\/thomasbachand.com\/blog\/2010\/05\/13\/cap-trade-and-the-economics-of-climate-change\/\" title=\"Cap &#038; Trade and the Economics of Climate Change\"><\/a><input type=\"hidden\" name=\"rts_id\" class=\"rts_id\" value=\"208\" \/><input type=\"hidden\" id=\"rts_media_nonce\" name=\"rts_media_nonce\" value=\"9ee5961889\" \/><input type=\"hidden\" name=\"_wp_http_referer\" value=\"\/blog\/wp-json\/wp\/v2\/posts\/208\" \/><\/div>\n<p>Drowned out by the launch of the iPad (enough already!) was an interesting article by Paul Krugman in the New York Times Magazine.\u00a0 Neither the article, nor this post,\u00a0 attempt to make the case for global warming.\u00a0 It&#8217;s pretty obvious &hellip; <a href=\"https:\/\/thomasbachand.com\/blog\/2010\/05\/13\/cap-trade-and-the-economics-of-climate-change\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[51,50],"tags":[81,82],"class_list":["post-208","post","type-post","status-publish","format-standard","hentry","category-environment","category-global-warming","tag-httpenwikipediaorgwikicarbon_cycle","tag-httpwww-nytimes-com20100411magazine11economy-t-htmlscp1sqkrugmangreeneconomicsstcse"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p6Nljk-3m","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/thomasbachand.com\/blog\/wp-json\/wp\/v2\/posts\/208","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thomasbachand.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thomasbachand.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thomasbachand.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thomasbachand.com\/blog\/wp-json\/wp\/v2\/comments?post=208"}],"version-history":[{"count":4,"href":"https:\/\/thomasbachand.com\/blog\/wp-json\/wp\/v2\/posts\/208\/revisions"}],"predecessor-version":[{"id":233,"href":"https:\/\/thomasbachand.com\/blog\/wp-json\/wp\/v2\/posts\/208\/revisions\/233"}],"wp:attachment":[{"href":"https:\/\/thomasbachand.com\/blog\/wp-json\/wp\/v2\/media?parent=208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thomasbachand.com\/blog\/wp-json\/wp\/v2\/categories?post=208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thomasbachand.com\/blog\/wp-json\/wp\/v2\/tags?post=208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}