Fixating on specific policy proposals rather than
the overall emissions trajectory may mistake the forest for the trees.
Not exact matches
In Stefan's words: «Once an
overall long - term goal has been defined, it is a matter of science to determine what
emissions trajectories are compatible...» By separating the decision on «long - term» goal from the «matter of science» to turn the crank and determine
trajectories misunderstands how real goals function in nearly every area of complex and expensive policy coordination.
If the
overall cap for any year is set below the level of
emissions last year, on a downward
trajectory compatible with stabilizing concentrations at a safe level, reserving some credits for new entrants would force other firms to bid for fewer permits, raising prices and increasing the number of mitigation activities that are worth undertaking.