Does cap and trade benefit the people?



  1. 0 Votes

    Yes and no. It depends on who you are and where you are, really. Cap and trade gives the government tax money, typically, which helps with public services. On the other hand, it can increase the prices of goods on the open market as the costs of production and scarcity increase. So as long as you’re benefiting from public services of any kind (there’s also the funding of schools/security/etc. etc.), it’s probably about even in the general sense. That said, we all benefit from decreased carbon emissions, so I would generally posit that it’s a good thing, although most economists are now in favor of an environmental tax instead.

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