Amsterdam Law Forum, Forthcoming
10 Pages Posted: 1 Jul 2011
Date Written: 2010
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.
Suggested Citation: Suggested Citation
Waggoner, Michael, Critique of U.S. House Bill 2454 on Climate Change (2010). Amsterdam Law Forum, Forthcoming. Available at SSRN: https://ssrn.com/abstract=1876404