How To Create Clean Energy Jobs Essay

589 Words 3 Pages
This article is based on how to create clean energy jobs, achieve energy independence, reduce reliance on oil-oriented industries and channel to a clean energy economy. Partly due to the rule of externalities, most of the economics, no matter they are fledging ones or developed ones, are less attentive to the aspects of environmental justice. The multinationals and state-owned enterprises break up the balance on the different interest groups and cause the increasing cost of environmental regulation. Prevention moral absolutism from replacing rational public policy makes public policy maker care more about Cost-Benefits analysis although there is a psychological impulse in all of us on living in a green world. Environmentalists …show more content…
The Cap and Trade
1. Energy Demand
Energy demand per person in US keeps stable over last thirty years. Energy consumption has actually declined relative to the gross national product. And energy expenditures have declined as a share of the GDP.
2. Energy Supply
Oil still cannot be replaced by any other energy source except that one day any other alternatives can be applied to the practice commercially. However people still desire to find the clean and efficient energy for warming pollution reduction.

Game Theory portrays policy as the outcome of interaction between two or more rational participants, which can be introduced into cap and trade provided that property ownership is secure.
Assumption: Firm A & Firm B are two polluting companies, which produce the

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