Cap-and-trade: Time for America to pay its way

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Cap-and-trade: Time for America to pay its way Powered By Docstoc
					                                                                 
				
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Description: The IPCC estimated if we fail to begin substantially reducing our greenhouse gas emissions, the global average surface air temperature will increase by three to seven degrees Fahrenheit by the end of this century. Because greenhouse gases remain in the atmosphere for long periods of time and technology takes time to deploy, the sooner we start reducing emissions and incentivizing technology, the easier it will be to achieve the overall goal of protecting the economy and our environment. The cap-and-trade scheme in the bill further accelerates technology development by placing a price on carbon dioxide emissions.
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