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Assets Quote by Jay Inslee

“We allow it to be dumped into this community asset, which is our one and only atmosphere. So that has to change, and there's really only one entity that can do that. So we have proposed a cap-and-trade system to stop that unlimited pollution, to use the forces of the market to efficiently allocate…” quote by Jay Inslee
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“We allow it to be dumped into this community asset, which is our one and only atmosphere. So that has to change, and there's really only one entity that can do that. So we have proposed a cap-and-trade system to stop that unlimited pollution, to use the forces of the market to efficiently allocate scarce permits to allow CO2 into the atmosphere. That's just one of 500 things we need to do, but it's probably the granddaddy of them all.”

Jay Inslee

About This Quote

Source Speech: Climate Policy Address, Washington State, 2015

Cap‑and‑trade uses market forces to limit CO₂ emissions by allocating scarce permits, aiming to protect the atmosphere as a shared resource.

In simple terms: Market‑based emissions limits protect the air.

Key Takeaway

Support pricing carbon to curb pollution.

Themes

environment policy economics climate change

Mood

concerned determined

Type

policy environmental

When to use this quote

  • government regulation
  • corporate emissions
  • public awareness
  • investment in clean tech

Key Concepts

externalities scarcity market mechanisms

Questions to Reflect On

  • How can we ensure equitable permit distribution?
  • What incentives drive real emission cuts?
A Different Perspective

Political opposition can stall implementation.

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