Cost of “Cap-and-trade” Reduction in CO2 Emissions Not so Dire According to Stanford Business School Research
| Sourced From Earthtimes.org |STANFORD, Calif. – (Business Wire) There’s good news for supporters of the Waxman-Markey climate bill from Stanford Graduate School of Business Professor Stefan Reichelstein. Although passed by the U.S. House of Representatives in June 2009, the bill is expected to spur a contentious debate in the Senate starting this fall. Opponents argue that the bill’s proposed “cap-and-trade” system will take a high financial toll on energy consumers and companies alike, and de
