Political Solutions
Cap global warming pollution
Mandate a carbon cap.
Of all the potential solutions to reducing global warming, implementing a mandatory cap is the 900 pound gorilla of policies. It is the solution being debated both in Washington, D.C. and in states around the country.
To date, only California has enacted a legally-binding cap: A reduction to 1990 global warming pollution levels by 2020, and an 80% reduction in 1990’s level by 2050. But many other states have set targets, the newest of which is Illinois, where ELPC played a significant role in developing the goal.
ELPC strongly urges the federal government to take the advice of the many corporate CEOs who visited Washington in January 2006 and asked for a mandatory cap to be enacted. The CEOs already are doing business in many countries around the world that have caps, and they know that they eventually will be operating in a carbon-constrained environment in the U.S.
Green = Green
Together with a trading mechanism that would permit companies to buy and sell carbon credits under the maximum permitted, the cap system is the most logical way to set the “ground rules” for business to operate in the 21st century. Then the genius of American entrepreneurship and innovation can take over, finding the most efficient, environmentally-friendly way to meet the cap while still powering a robust economy.
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