Tag Archives: environmental legislation
Cap and Trade: Is it Dead or Just Dormant?
Posted on 07. Apr, 2010 by keith.
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In today’s corporate economy, the need for environmental friendliness regularly butt heads with corporations’ need to keep their shareholders satisfied; that is, despite the urgency of global warming, the urgency of sustaining profits, especially in a down economy, is greater still. But if you know your environmental legislation history, you may remember a concept that was supposed to rectify this scenario by making it profitable for large corporations to take environmental safety measures: cap and trade; a market-driven system that sets a limit on global warming pollution while providing companies with economic incentives to stay under that limit.