Series: Cap and Trade and the "Gaming" Question
A well-designed polluters-pay carbon pricing system can reduce climate-warming pollution, hold big polluters accountable, and increase public revenue to fund things like clean energy development and climate resilience infrastructure. Yet opponents argue that any carbon pricing system will inevitably fall prey to market manipulation, or “gaming.” This series answers that argument, showing how existing cap-and-trade and carbon tax programs have avoided that problem.
