Janet Dean on Cap and Trade

While many people feel that cap and trade is just a license to pollute, a point of view I don’t entirely disagree with, I do support it because it’s been proven effective in the past with reducing sulfur dioxide (acid rain). Cap and trade probably will increase costs for businesses and those costs no doubt trickle down to consumers though my hope is that with cost increases spread out over millions and millions of people, maybe it won’t hurt quite so much (or maybe that’s just wishful thinking).

Regarding the sustainability industry… Ideally, in the interest of making permanent, long-term changes to stem rising costs associated with buying cap and trade credits, industries will be seeking ways to lower their pollution output and thus give a big boost to the sustainability industry. This will, theoretically, create more green jobs and give our economy a much-needed boost while also changing the way companies think about their pollution legacies.

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