Saturday, November 21, 2009
Green With Envy
This article discusses the fundamental tension throughout the world between the effectiveness of carbon reducing policies and commitment to free trade. There is an urgency to deal with global climate change right now so naturally nations are drawing up policies to limit emissions. However, in the globalised world that we live in today, trade outside of a countries borders could have a problem with emission limits. Different countries will likely have different carbon emission, which could lead to political problems.
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2 comments:
A lot of the issues discussed in this paper have been brought up in the ECON300.5 course. I disagree that each nation should deal with their own carbon emissions because this is a global issue. For example, emissions originating from China have traveled across the Pacific and have affected our Western states. Furthermore, many developing nations don't possess the necessary infrastructure or funds to efficiently deal with their carbon emissions. Despite different nations emitting different levels of carbon, everyone is affected. Therefore, every nation should contribute and aid one another as we tackle this growing problem.
It is indeed a global problem. No one country shall be held responsible or forced to deal with the issue on its own. There should be standards set up on an international level making sure that each country adheres to the rules and regulations. It could be a political problem if it is treated like one.
An example of a valid policy for this issue would be to fine countries who exceed or break the law. These proceedings could be used to tackle the problem globally. However, participation by all major and small countries is essential since the costs should be borne equally.
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