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Why a Carbon Cap Should be the Next US Stimulus Print E-mail
bridges vol 21, April 2009 / OpEds & Commentaries

By Gernot Wagner


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Dr. Gernot Wagner
The United States and many other countries' stimulus packages include provisions for green investments. That's good. After all, the economic and climate crises are intimately related. They share a similar structure - with greenhouse gas emissions and energy waste replacing toxic debt as the element that has gotten us into trouble. But green stimuli alone are not enough. A cap on carbon could provide the missing link.

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