Is Cap and Trade an Effective Way of Combating Global Warming?

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Among many of the major issues in the world global warming seems to be the controversial problem that just will not go away. Global warming is a major problem throughout the world that, despite the arguing of its existence, many people believe needs to be solved now. Officials say that if action is not taken soon, it will be too late to prevent catastrophic climate change. There are currently many proposed solutions. Some of these ideas include taxing businesses on certain pollutants and investing in new technology, as the main focus. Cap and trade happens to be the best of the many ideas out there. Although cap and trade has some economic drawbacks in the short run, it should be implemented as a system to limit pollution and improve health in the general community and will be economically beneficial in the long run. Currently, pollutants are destroying the environment and harming the health of U.S. citizens. Global warming threatens to change the lifestyle of many people around the world. Industries across the globe and goods that use or contain harmful contaminants have been the largest contributors to climate change. In recent years, there has been “artificially heightened levels of greenhouse gases in Earth's atmosphere” and a dramatic increase in other pollutants, “resulting in an unnatural upward trend in global warming” (Global). The level of pollutants currently in the air is not considered to be linked to the earth’s natural cycle. In fact, for the past century, “human activities…have increased the atmospheric concentration of CO2 to levels far higher than any measured for at least 800,000 years” and the concentration of CO2 is becoming a devastating and possibly irreversible problem with each day (Global). Although some... ... middle of paper ..., John M., and Jad Mouawad. "Energy Firms Find No Unity on Climate Bill." New York Times. 19 Oct. 2009. Broder, John M. "House Passes Bill to Address Threat of Climate Change." New York Times. 27 June 2009. Broder, John M. "Obama Opposes Trade Sanctions in Climate Bill." New York Times. 29 June 2009. "Cap and Trade News - The New York Times." New York Times. Web. 15 Mar. 2010. Frank, Robert H. "A Small Price for a Large Benefit." New York Times. 21 Feb. 2010. "Health Effects of Air Pollution." Lawrence Berkeley National Laboratory. Web. 15 Mar. 2010. . "Global Warming." Global Issues in Context Online Collection. Detroit: Gale, 2010. Global Issues in Context. Web. 1 Mar. 2010. Stone, Peter H. "Dueling Economic Outlooks On Cap-And-Trade." National Journal 30 Oct. 2009.

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