Saving the Earth From Becoming Like Venus

This research discusses how a cap and trade policy could be established in the US to reduce greenhouse emissions in order to avoid the expected disastrous consequences that these emissions might have on our planet. Cap and trade potentially embodies an effective political compromise that helps protect our planet as well as ensure economic prosperity. Cap and trade sets a limit on greenhouse emissions while allowing business to trade their emissions under free market rules. Cap and trade has been successfully implemented both internationally in Europe, as well as domestically in California. This project looks at implementing a similar model nationally which might lead to advantageous breakthroughs in reducing greenhouse emissions. Moreover, the project discusses the political feasibility and alternative policy pathways and measures that can be taken to pass this policy on a national level.