renewable sources
Will Restricting Carbon Emissions Damage the Economy?
Yes: Paul Cicio
No: Aaron Ezroj
Main/Major Talking Points (summarize):
Avoiding leakage of jobs and Emissions,’ testimony before the House Committee on Energy and Commerce
Capping the greenhouse gas (GHG) emissions of the undustrial sector will drive investment and jobs offshore and increase imports.
GHG rising 29%in residential areas
U.S. cannot grow economy without using more volume of products.
Congressional Justification for not capping.
Countries are willing to sacrfrifice manufacturing jobs in response to climate policy.
Economy widecap and trade possibilities.
Main/Major Talking Points (summarize):
Cap and trade will fuel the global economy
By 2050, markets for low-carbon technologies are likely to be worth at least 500 billion annually, and possibly more.
Global carbon market in developing countries will grow over 200%
Allowances are the basic unit trade within the global carbon market.
Price of Allowances fluctuates
Auction revenue will be allocated to alternative energy projects
Renewable Energy Certificates will subsidize the development of Alternative Energy projects.
Restricting carbon emissions will not damage the economy. Reducing carbon emissions across the globe will not only help the earth’s climate by limiting global warming but also increase the cost for businesses. Aaron Ezroj believes “it will create many business opportunities in the financial sector, low carbon technologies, carbon capture-and-storage projects, advanced technology vehicles, and legal and nonlegal consulting.” A national policy has been put into place in the united states that will cut carbon emissions up to forty percent by 2033 while also growing the economy.
Cap and Trade programs will produce many business and job opportunities that
Yes: Paul Cicio
No: Aaron Ezroj
Main/Major Talking Points (summarize):
Avoiding leakage of jobs and Emissions,’ testimony before the House Committee on Energy and Commerce
Capping the greenhouse gas (GHG) emissions of the undustrial sector will drive investment and jobs offshore and increase imports.
GHG rising 29%in residential areas
U.S. cannot grow economy without using more volume of products.
Congressional Justification for not capping.
Countries are willing to sacrfrifice manufacturing jobs in response to climate policy.
Economy widecap and trade possibilities.
Main/Major Talking Points (summarize):
Cap and trade will fuel the global economy
By 2050, markets for low-carbon technologies are likely to be worth at least 500 billion annually, and possibly more.
Global carbon market in developing countries will grow over 200%
Allowances are the basic unit trade within the global carbon market.
Price of Allowances fluctuates
Auction revenue will be allocated to alternative energy projects
Renewable Energy Certificates will subsidize the development of Alternative Energy projects.
Restricting carbon emissions will not damage the economy. Reducing carbon emissions across the globe will not only help the earth’s climate by limiting global warming but also increase the cost for businesses. Aaron Ezroj believes “it will create many business opportunities in the financial sector, low carbon technologies, carbon capture-and-storage projects, advanced technology vehicles, and legal and nonlegal consulting.” A national policy has been put into place in the united states that will cut carbon emissions up to forty percent by 2033 while also growing the economy.
Cap and Trade programs will produce many business and job opportunities that