Here Come the States III

Richard L. Sandor

Chapter 54 in How I Saw It:Analysis and Commentary on Environmental Finance (1999–2005), 2017, pp 229-232 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Approximately a century ago, the US Congress was debating product standards for traded commodities. In Historical Review of the US Grades and Standards for Grain, Hoffman and Hill noted that: “Congress finally took action in 1906 … ten more years went by before any legislation adopting uniform standards was passed”. They added that, “In place of research, trade practices and public hearings were used to identify acceptable grades”. Is history repeating itself in the current US debate on climate change? Is it possible that federal law on greenhouse gas (GHG) emissions will be driven by state and local governments as well as private sector activity…

Keywords: Environment; Emissions; Trading; Finance; Derivatives; Water; Energy; Carbon; Catastrophe; Weather; Sustainability; Fisheries; Greenhouse Gases; Sulfur Dioxide; Acid Rain (search for similar items in EconPapers)
JEL-codes: Q50 (search for similar items in EconPapers)
Date: 2017
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