Introduction to
Cap-and-Trade Carbon Policy
Using Musical
Chairs: An Illustration of Managed
Scarcity
These overview pieces are for The Curious &
Concerned, a growing number of people who understand the importance of a
federal climate policy but are confused by the framework of the current
proposals.
Short Version: How does cap-and-trade work – and why does its design
matter?
Full Version: What are the big issues people are arguing about in
federal cap-and-trade negotiations?
Please
feel free to share with others – the more people who can participate, the
better!

About the author: Holmes Hummel is a Congressional Science
Fellow attending to both federal and international climate negotiations from the
vantage point of Capitol Hill. Holmes
has a background in energy engineering and climate science, including a PhD
focused on understanding global energy scenarios for stabilizing climate
change.
Last updated:
November 26, 2007