Critique of U.S. House Bill 2454 on Climate Change

Amsterdam Law Forum, Forthcoming

10 Pages Posted: 1 Jul 2011  

Michael Waggoner

School of Law

Multiple version iconThere are 2 versions of this paper

Date Written: 2010

Abstract

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

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

Michael J. Waggoner (Contact Author)

School of Law ( email )

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University of Colorado
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United States
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