Cap and Giveaway

Living on Earth

Emerging legislation on climate change could give trillions of dollars over time to polluting industries. The details of Congressmen Henry Waxman and Ed Markey’s bill includes a cap and trade scheme that would limit greenhouse gas emissions but give away about half of the permits to pollute for free, instead of auctioning them off. Peter Barnes, a senior fellow with the Tomales Bay Institute, talks with host Jeff Young about what the bill could mean for consumers, industry, and the emissions reductions.

Tell us about your experience accessing The World

We want to hear your feedback so we can keep improving our website, theworld.org. Please fill out this quick survey and let us know your thoughts (your answers will be anonymous). Thanks for your time!