Climate Change Regulation Paper - 1090 Words

Climate Change Regulation Paper Climate changes on a daily, weekly, monthly and yearly basis. The purpose of this paper is to discuss government regulation of climate change as well to explain various viewpoints on climate change, and explain and justify, briefly, my viewpoint on the issue of climate change. This paper will also describe command and control regulations versus incentive based regulations, and provide the advantages and disadvantages of each. Lastly this paper will describe which type of regulations I would advocate if I were in the Federal Congress or Administration and why. U.S. Government Regulation Climate change is a problem that is affecting people and the environment. Greater energy efficiency and new†¦show more content†¦Incentive based regulations such as taxes or a fee, which charges the polluter if he or she is polluting the air, and this fee or tax is assigned by the regulator depending on the quantity of pollution. Marketable permits which allow for companies to pollute within a certain level that is not detrimental to the atmosphere and is not costly. Finally the last incentive based regulations is liability which sets up a standard of allowable pollution that provides the best benefit to society as well holding corporations to the allowable standard or pay the consequence. The advantages to a incentive based regulation is the fact that when you take profit from a company for polluting the air, the company realizes they need to change. Profit is the key to the success of a company and with the government regulating the company in order to ensure that the safety of the public is kept, then the company will follow stricter guidelines. The disadvantage to an incentive based regulation is that regulators need to ensure they are regulating, and not being bought off. When it comes to regulations I believe that an incentive based regulation is important because companies need to pay for their mistakes as citizens have to pay for theirs. No one person should hide behind a corporation and state he or she has done nothing wrong. If I was to go to the Federal Congress or Administration I would advocate for a stricter incentive based regulations with stifferShow MoreRelatedThe Issue of Climate Change732 Words   |  3 PagesAccording to Johnson (2010), the issue of climate change has been hotly debated from two main viewpoints: that global warming has resulted from human activity on the one hand; and that it is a myth resulting from flawed research and unverified scientific findings. Those who hold the former view accuse those of the latter persuasion that they are concerned more with perpetuating the fossil fuel industry than creating a safe environment for future human generations. 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