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1、外文翻譯原文:原文:TheLowCarbonDietHowtheMarketCanCurbClimateChangeTheglobaleconomiccrisishasbatteredthefreemarketsreputationbutthemarketneverthelessremainsapowerfultoolbothfallocatingcapitalfeffectingsocialchange.Nowhereisthistr
2、uerthanwiththechallengeofconfrontingreversingclimatechange.Ofallthemarketbasedtoolsavailablefaddressingthisproblemthemostpotentarecaptradesystemsfgreenhousegasemissions.Intheirmostbasicfmcaptradesystemswkbymakingitexpens
3、ivetoemitgreenhousegases.Asaresulttheownersofanemissionssourcearemotivatedtoreplaceitwithsomethinglessdamagingtotheenvironment.Iftheyareunabletothetradingprovisionsallowthemtopurchasepermitstocontinueemittinguntiltheyare
4、readytoinvestinnewtechnology.Overtimeastheamountofcarbonallowedintotheatmosphereisreducedthepriceofapermitisexpectedtoincrease.InexistingcaptrademechanismssuchastheEuropeanUnionsGreenhouseGasEmissionTradingSchemegovernme
5、ntscapthetotalamountofemissionsallowedtheamountofemissionspermitteddeclinesovertime.ganizationssuchasutilitiesfactiescementplantsmunicipalitiessteelmillswastesitesaregivensoldpermitsthatallowthemtoemitacertainptionofther
6、elevantregionstotalgreenhousegases.Ifanganizationemitslessthanitsallotmentitcanselltheunusedpermitstoentitiesthatplanonexceedingtheirlimits.Undercaptradesystemscompaniescantradepermitswithoneanotherthroughbrokersinganize
7、dlocalglobalmarkets.TheAmericanCleanEnergySecurityActof2009the1201pagebillintroducedbyHenryWaxman(DCalif.)EdwardMarkey(DMass.)passedbytheU.S.HouseofRepresentativesonJune28isanambitiousattemptbyCongresstoplaycatchupafterh
8、avingfailedtoapprovetheKyotoProtocolwhichBurtonSanjourbuiltcomputermodelstosimulatehowmarketfcescouldbeusedtocodinateabatementactivitiesbyusingpenaltiesmeimptantincentivesrewards.Fromtheirperspectivethepenaltiesincentive
9、shadtobelargeenoughtopersuadeemittersofsulfurdioxidetoinvestinchangingtheirpractices.BurtonSanjourrealizedthatthecomplexityoftheproblemwasbeyondtheabilityofanycommcontrolmodeltosolvebecausesulfurdioxidewasemittedfromtens
10、ofthousofsourcesoperatedbythoussofdifferentutilitycompaniesdoingbusinessunderdozensofregulatyjurisdictionsacrosstheUnitedStates.Theirapproachprovedtoberemarkablysuccessful.Theninthe1980sthecaptrademodelwasemployedsuccess
11、fullytoeliminatetheuseofleadedgasolineincarsacrosstheUnitedStates.WhenleadaperfmanceadditivefinternalcombustionengineswasfoundtocauseneurologicalcognitivedisabilitiesinchildrentheEPAintroducedatradingprogramtoacceleratet
12、hephasingoutofleadedfuels.ThesystemtheEPAdeployedin1982putanoverallcapontheproductionofleadedfuelsbutallowedrefinerstobuysellpermitsamongthemselvestoproducethosefuelsaslongastheydidnotexceedtheoverallcap.Atthetimetheprog
13、ramwascriticizedascallousbysomeenvironmentalistswhobelieveditignedthehealthriskstochildrenwouldallowcpationstoprofiteventhoughleadedfuelswerecontinuingtocauseillness.Butthesuccessoftheprogramsoonsilenceditscritics.Itallo
14、wedrefinersthathadinvestedinnewprocessesplantsfmakingunleadedfueltoselltheirunusedpermitstorefinersthathadyettomakethechange.Asaresultcapitalflowedfromleadedgasolinemakerstounleadedrefinersactingasataxononeanincentivefth
15、eother.Fromamarketdesignperspectivetheprogramcreatedwhateconomistscall“strongpositivefeedbackloops.“By1987amerefiveyearsaftertheprogrambegannearlyallleadedgasolinehadbeeneliminatedintheUnitedStatesothercountrieswerecopyi
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