Fellow Story
Stabinsky quoted in New York Times article on pricing carbon
“I would throw the markets out and start over with something different,” said Doreen Stabinsky, a professor of global environmental politics at the College of the Atlantic in Bar Harbor, Me. “I think we can’t be sidetracked by playing around with a market, because this objective is so important, so pressing and so difficult.”
Economists and analysts who support cap and trade say they are confident the problems can be worked out, and they believe California is in the process of proving it. The key issue now, they say, is whether governments that adopt these systems will tighten the emissions caps, driving up carbon prices — and do it soon enough to make a real dent in global warming.
