This post is by Sheryl Canter, an Online Writer and Editorial Manager at Environmental Defense Fund.
There’s no longer any serious disagreement about our need to reduce greenhouse gas emissions to stop global warming. The debate now is about the best way to go about it. Opponents claim that the cost of adopting a cap-and-trade system would be ruinous to the U.S. economy. Leading economists who have studied the issue say that’s wrong.
Now you can decide for yourself. Yale economics professor Robert Repetto synthesized the results of thousands of policy simulations from 25 economic models to identify the seven key assumptions that account for most of the differences in the models’ predictions. He then used this information to create a new Web site that allows you to choose your own assumptions.