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David Hone
Climate Change Adviser, Shell Group

David Hone

David Hone is the climate change adviser for the Shell Group and vice chairman of the International Emissions Trading Association. He also works closely with the World Business Council for Sustainable Development. ALL POSTS

Nobody wins

A failure by the U.S. to pass climate change legislation, specifically a robust cap-and-trade system, will not benefit anybody. The underlying issue will not go away nor will the pressure to address it. As time passes and no real action is taken, the solution only becomes more difficult, which will then require an even tougher approach. It may well be a future Republican administration that is faced with such a dilemma as this tragedy of the commons plays out.

The need for action is clear, both from a scientific and economic perspective. A cap-and-trade approach is sought by many leaders in business and no strong alternative has been tabled. The job before the Congress is not to simply pass or block the cap-and-trade, but to formulate a balanced approach that recognizes the necessary transition for the U.S. economy yet delivers on the required environmental outcome. It is possible to do this. A broad coalition of business and civil society have shown the way with the USCAP Blueprint for Legislative Action. This coalition included parties as diverse as the political diversity in Congress today, yet an agreement was reached. The same now needs to happen in Washington.

The United States Climate Action Partnership (USCAP) is a group of businesses and leading environmental organizations that have come together to call on the federal government to quickly enact strong national legislation to require significant reductions of greenhouse gas emissions. USCAP has issued a landmark set of principles and recommendations to underscore the urgent need for a policy framework on climate change.

By David Hone  |  November 2, 2009; 9:56 PM ET Save & Share:  Send E-mail   Facebook   Twitter   Digg   StumbleUpon   Technorati  
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You can tell cap & trade is a bad idea:

1) It actually has no effect on pollution
2) It's ridiculously complicated, so you can't tell what's going on
3) New companies will make fortune facilitating trades and making profits
4) The price of energy goes up, primarily to pay the middle man (see #3 above).
5) Big companies are for it meaning that they understand #1-5 above.

Posted by: Ombudsman1 | November 8, 2009 11:22 PM
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