PRSA soc of am
<font face="Times New Roman" size="5">
</font><p><font face="Times New Roman" size="5">==</font></p><p><font face="Times New Roman" size="5"><a href="http://www.sourcewatch.org/index.php/Public_Relations_Society_of_America">http://www.sourcewatch.org/index.php/Public_Relations_Society_of_America</a>
</font></p><p><font face="Times New Roman" size="5">The <b>Public Relations Society of America</b> (PRSA), was
established in 1947 and is the peak professional association for
U.S.-based public relations practitioners (though it is making inroads
internationally given US dominance in the Public Relations field).
Additionally, PRSA has a number of local affiliates across the United
States (and internationally) that offer their own activities and
services, as well as a student organization; the Public Relations
Student Society of America (PRSSA) which has 255 chapters nationwide.</font></p><font face="Times New Roman" size="5">
</font><p><font face="Times New Roman" size="5">In addition to offering professional advancement, networking, and
ethics guidelines, PRSA offers the "Accredited in Public Relations"
(APR) certification.</font></p><font face="Times New Roman" size="5">
</font><p><font face="Times New Roman" size="5">PRSA has over 20,000 members and 114 chapters, which include
international affiliates. It is estimated, however, that less than 10%
of public relations practitioners in the US belong to PRSA.</font></p><font face="Times New Roman" size="5">
</font><div id="toc" class="toc">
<div id="toctitle">
<h2><font face="Times New Roman" size="5">Contents</font></h2>
</div></div><div id="toc" class="toc">
<ul><li class="toclevel-1 tocsection-1"><font face="Times New Roman" size="5"><a href="http://www.sourcewatch.org/index.php/Public_Relations_Society_of_America#PRSA_Statements"><span class="tocnumber">1</span> <span class="toctext">PRSA Statements</span></a></font></li><li class="toclevel-1 tocsection-2"><font face="Times New Roman" size="5"><a href="http://www.sourcewatch.org/index.php/Public_Relations_Society_of_America#Personnel"><span class="tocnumber">2</span> <span class="toctext">Personnel</span></a></font></li><li class="toclevel-1 tocsection-3"><font face="Times New Roman" size="5"><a href="http://www.sourcewatch.org/index.php/Public_Relations_Society_of_America#Case_studies"><span class="tocnumber">3</span> <span class="toctext">Case studies</span></a></font></li><li class="toclevel-1 tocsection-4"><font face="Times New Roman" size="5"><a href="http://www.sourcewatch.org/index.php/Public_Relations_Society_of_America#Contact_information"><span class="tocnumber">4</span> <span class="toctext">Contact information</span></a></font></li><li class="toclevel-1 tocsection-5"><font face="Times New Roman" size="5"><a href="http://www.sourcewatch.org/index.php/Public_Relations_Society_of_America#SourceWatch_resources"><span class="tocnumber">5</span> <span class="toctext">SourceWatch resources</span></a></font></li><li class="toclevel-1 tocsection-6"><font face="Times New Roman" size="5"><a href="http://www.sourcewatch.org/index.php/Public_Relations_Society_of_America#External_links"><span class="tocnumber">6</span> <span class="toctext">External links</span></a></font>
<ul><li class="toclevel-2 tocsection-7"><font face="Times New Roman" size="5"><a href="http://www.sourcewatch.org/index.php/Public_Relations_Society_of_America#PRSA_documents"><span class="tocnumber">6.1</span> <span class="toctext">PRSA documents</span></a></font></li><li class="toclevel-2 tocsection-8"><font face="Times New Roman" size="5"><a href="http://www.sourcewatch.org/index.php/Public_Relations_Society_of_America#Articles"><span class="tocnumber">6.2</span> <span class="toctext">Articles</span></a></font></li></ul>
</li><li class="toclevel-1 tocsection-9"><font face="Times New Roman" size="5"><a href="http://www.sourcewatch.org/index.php/Public_Relations_Society_of_America#Articles_and_resources"><span class="tocnumber">7</span> <span class="toctext">Articles and resources</span></a></font>
<ul><li class="toclevel-2 tocsection-10"><font face="Times New Roman" size="5"><a href="http://www.sourcewatch.org/index.php/Public_Relations_Society_of_America#Related_SourceWatch_articles"><span class="tocnumber">7.1</span> <span class="toctext">Related SourceWatch articles</span></a></font></li><li class="toclevel-2 tocsection-11"><font face="Times New Roman" size="5"><a href="http://www.sourcewatch.org/index.php/Public_Relations_Society_of_America#References"><span class="tocnumber">7.2</span> <span class="toctext">References</span></a></font></li><li class="toclevel-2 tocsection-12"><font face="Times New Roman" size="5"><a href="http://www.sourcewatch.org/index.php/Public_Relations_Society_of_America#External_resources"><span class="tocnumber">7.3</span> <span class="toctext">External resources</span></a></font></li><li class="toclevel-2 tocsection-13"><font face="Times New Roman" size="5"><a href="http://www.sourcewatch.org/index.php/Public_Relations_Society_of_America#External_articles"><span class="tocnumber">7.4</span> <span class="toctext">External articles</span></a></font></li></ul>
</li></ul>
</div><font face="Times New Roman" size="5">
</font><h2><font face="Times New Roman" size="5"><span class="mw-headline" id="PRSA_Statements">PRSA Statements</span></font></h2><font face="Times New Roman" size="5">
</font><p><font face="Times New Roman" size="5">The Public Relations Society of America (PRSA) has issued a news release calling on the presidential campaigns of <a href="http://www.sourcewatch.org/index.php/John_McCain" title="John McCain">John McCain</a> and <a href="http://www.sourcewatch.org/index.php/Barack_Obama" title="Barack Obama">Barack Obama</a> to "uphold the highest standards of ethical practice in every facet of their campaign communications." PRSA CEO <a href="http://www.sourcewatch.org/index.php/Jeffrey_Julin" title="Jeffrey Julin">Jeffrey Julin</a>
is offering himself for interviews as "a recognized expert in
communications ethics." Since assuming the helm of the PRSA in January,
Julin has been trying to improve the industry's ethical reputation. In
June, for example, he posted a platitudinous statement on YouTube in
response to a sarcastic CBS news commentary about <a href="http://www.sourcewatch.org/index.php/Scott_McClellan" title="Scott McClellan">Scott McClellan</a>'s book on his misadventures as a spokesman for the Bush administration. Julin is also president of <a href="http://www.sourcewatch.org/index.php/MGA_Communications" title="MGA Communications">MGA Communications</a>, a PR firm whose clients include <a href="http://www.sourcewatch.org/index.php/Americans_for_Balanced_Energy_Choices" title="Americans for Balanced Energy Choices" class="mw-redirect">Americans for Balanced Energy Choices</a>,
a front group for the coal industry that is "targeting the public,
politicians, interest groups, and the media" during this year's election
campaign as part of what the <a href="http://www.sourcewatch.org/index.php/Washington_Post" title="Washington Post">Washington Post</a>
called a "$35 million campaign in primary and caucus states to rally
public support for coal-fired electricity and to fuel opposition to
legislation that Congress is crafting to slow climate change." <sup id="cite_ref-1" class="reference"><a href="http://www.sourcewatch.org/index.php/Public_Relations_Society_of_America#cite_note-1">[1]</a></sup></font></p><font face="Times New Roman" size="5">
</font><p><font face="Times New Roman" size="5">
On January 11, 2005, PRSA responded to the story of Armstrong Williams'
non-disclosure of his receipt of $240,000 from the Department of
Education for advocating for the "No Child Left Behind" program with an <a rel="nofollow" class="external text" href="http://www.prsa.org/_News/leaders/disclosure0111.asp">official statement</a>.
As with other PRSA statements on recent events deemed illegal by the
Government Accountability Office, the official statement names neither
Williams nor Ketchum (the public relations firm that brokered the deal)
though it does note that Williams should have disclosed his arrangement
and notes that such a practices are ". . . clearly contrary to the PRSA
Member Code of Ethics, which requires that public relations
professionals engage in open, honest communications, and fully disclose
sponsors or financial interests involved in any paid communications
activities." To date, no one at either Ketchum or Fleischman-Hillard
(the two major firms implicated in the "Paylagate" scandals) has been
sanctioned by PRSA for violations of the PRSA Code of Ethics. It should
be noted that both firms have historically been financial backers of
PRSA.</font></p><font face="Times New Roman" size="5">
</font><h2><font face="Times New Roman" size="5"><span class="mw-headline" id="Personnel">Personnel</span></font></h2><font face="Times New Roman" size="5">
</font><p><font face="Times New Roman" size="5">From their website: <a rel="nofollow" class="external autonumber" href="http://www.prsa.org/aboutUs/HQStaffDirectory/executive.html">[1]</a> <a rel="nofollow" class="external autonumber" href="http://www.prsa.org/supportfiles/news/viewNews.cfm?pNewsID=1381">[2]</a></font></p><font face="Times New Roman" size="5">
</font><ul><li><font face="Times New Roman" size="5"><a href="http://www.sourcewatch.org/index.php/Jeffrey_Julin" title="Jeffrey Julin">Jeffrey Julin</a>, Chair and CEO</font></li><li><font face="Times New Roman" size="5"><a href="http://www.sourcewatch.org/index.php/William_Murray" title="William Murray">William Murray</a>, President and COO</font></li></ul><font face="Times New Roman" size="5">
</font><p><font face="Times New Roman" size="5">Former staff:</font></p><font face="Times New Roman" size="5">
</font><ul><li><font face="Times New Roman" size="5"><a href="http://www.sourcewatch.org/index.php/Judith_T._Phair" title="Judith T. Phair">Judith T. Phair</a></font></li><li><font face="Times New Roman" size="5"><a href="http://www.sourcewatch.org/index.php?title=Rhoda_Weiss&action=edit&redlink=1" class="new" title="Rhoda Weiss (page does not exist)">Rhoda Weiss</a>,</font></li></ul><font face="Times New Roman" size="5">
</font><h2><font face="Times New Roman" size="5"><span class="mw-headline" id="Case_studies">Case studies</span></font></h2><font face="Times New Roman" size="5">
</font><ul><li><font face="Times New Roman" size="5"><a href="http://www.sourcewatch.org/index.php/Tough_Issues,_Tough_World" title="Tough Issues, Tough World">Tough Issues, Tough World</a></font></li><li><font face="Times New Roman" size="5"><a href="http://www.sourcewatch.org/index.php/Survey_Shows_Most_PR_People_Still_Won%27t_Admit_Lying" title="Survey Shows Most PR People Still Won't Admit Lying">Survey Shows Most PR People Still Won't Admit Lying</a></font></li><li><font face="Times New Roman" size="5"><a href="http://www.sourcewatch.org/index.php/The_Public_Relations_Society_of_America%27s_Code_of_Ethics" title="The Public Relations Society of America's Code of Ethics">The Public Relations Society of America's Code of Ethics</a></font></li></ul><font face="Times New Roman" size="5">
</font><h2><font face="Times New Roman" size="5"><span class="mw-headline" id="Contact_information">Contact information</span></font></h2><font face="Times New Roman" size="5">
</font><p><font face="Times New Roman" size="5">The Public Relations Society of America
33 Maiden Lane, 11th Fl.
New York, NY 10038-5150
Phone: 212-460-1400
Fax: 212-995-0757
Web:<a rel="nofollow" class="external free" href="http://www.prsa.org/">http://www.prsa.org/</a></font></p><font face="Times New Roman" size="5">
</font><h2><font face="Times New Roman" size="5"><span class="mw-headline" id="SourceWatch_resources">SourceWatch resources</span></font></h2><font face="Times New Roman" size="5">
</font><ul><li><font face="Times New Roman" size="5"><a href="http://www.sourcewatch.org/index.php/Public_relations_associations" title="Public relations associations">Public relations associations</a></font></li><li><font face="Times New Roman" size="5"><a href="http://www.sourcewatch.org/index.php/PR_ethics" title="PR ethics">PR ethics</a></font></li><li><font face="Times New Roman" size="5"><a href="http://www.sourcewatch.org/index.php/The_Public_Relations_Institute_of_Australia%27s_Code_of_Ethics" title="The Public Relations Institute of Australia's Code of Ethics">The Public Relations Institute of Australia's Code of Ethics</a></font></li></ul><font face="Times New Roman" size="5">
</font><h2><font face="Times New Roman" size="5"><span class="mw-headline" id="External_links">External links</span></font></h2><font face="Times New Roman" size="5">
</font><h3><font face="Times New Roman" size="5"><span class="mw-headline" id="PRSA_documents">PRSA documents</span></font></h3><font face="Times New Roman" size="5">
</font><ul><li><font face="Times New Roman" size="5">Public Relations Society of America, "<a rel="nofollow" class="external text" href="http://www.prsa.org/_News/press/pr051005.asp">PRSA President and CEO Judith T. Phair To Testify During Senate Committee Hearing On Pending Video News Release Legislation</a>", Media Release, May 10, 2005.</font></li><li><font face="Times New Roman" size="5">Public Relations Society of America, "<a rel="nofollow" class="external text" href="http://media.prsa.org/pressKit_download.cfm?item_id=13">Executive, Congressional and Consumer Attitudes Toward the Media, Marketing and Public Relations Profession Survey Highlights</a>", November 2005.</font></li><li><font face="Times New Roman" size="5">Harris Interactive Public Relations Research, "<a rel="nofollow" class="external text" href="http://media.prsa.org/pressKit_download.cfm?item_id=11">Executive, Congressional and Consumer Attitudes Toward Media, Marketing and the Public Relations Profession</a>", Public Relations Society of America, November 2005.</font></li></ul><font face="Times New Roman" size="5">
</font><h3><font face="Times New Roman" size="5"><span class="mw-headline" id="Articles">Articles</span></font></h3><font face="Times New Roman" size="5">
</font><ul><li><font face="Times New Roman" size="5">Jack O'Dwyer, "<a rel="nofollow" class="external text" href="http://www.odwyerpr.com/members/0829comm_od_openletter.htm">Open Letter to the PRSA Ethics Board</a>", August 29, 2006.</font></li><li><font face="Times New Roman" size="5">Press release, "<a rel="nofollow" class="external text" href="http://www.prsa.org/supportfiles/news/viewNews.cfm?pNewsID=1381">PRSA reacts to departure of Karen Hughes, encourages State Department to continue strategic communications efforts overseas</a>," <strong class="selflink">Public Relations Society of America</strong>, November 6, 2007.</font></li><li><font face="Times New Roman" size="5">Rick Laney, "<a rel="nofollow" class="external text" href="http://www.thedailytimes.com/article/20071219/NEWS/553859051">PR executive addresses crisis communications for FEMA</a>," <i>The Daily Times</i> (Tennessee), December 19, 2007.</font></li></ul><font face="Times New Roman" size="5">
</font><h2><font face="Times New Roman" size="5"><span class="mw-headline" id="Articles_and_resources">Articles and resources</span></font></h2><font face="Times New Roman" size="5">
</font><h3><font face="Times New Roman" size="5"><span class="mw-headline" id="Related_SourceWatch_articles">Related SourceWatch articles</span></font></h3><font face="Times New Roman" size="5">
</font><ul><li><font face="Times New Roman" size="5"><a href="http://www.sourcewatch.org/index.php/SourceWatch:Help" title="SourceWatch:Help">SourceWatch:Help</a></font></li></ul><font face="Times New Roman" size="5">
</font><h3><font face="Times New Roman" size="5"><span class="mw-headline" id="References">References</span></font></h3><font face="Times New Roman" size="5">
</font><ol class="references"><li id="cite_note-1"><font face="Times New Roman" size="5">
</font></li></ol><div id="mw-content-text" dir="ltr" class="mw-content-ltr" lang="en"><ol class="references"><li id="cite_note-1"> <font face="Times New Roman" size="5"><span class="reference-text"><a rel="nofollow" class="external text" href="http://media.prsa.org/article_display.cfm?article_id=1206">"Communications Professionals Challenge McCain and Obama on Ethics"</a>, <i>Public Relations Society of America</i>, September 10, 2008.</span></font></li></ol>
<h3><font face="Times New Roman" size="5"><span class="mw-headline" id="External_resources">External resources</span></font></h3>
<ul><li><font face="Times New Roman" size="5"><a rel="nofollow" class="external text" href="http://en.wikipedia.org/wiki/Help:Contents">Wikipedia help</a></font></li></ul>
<h3><font face="Times New Roman" size="5"><span class="mw-headline" id="External_articles">External articles</span></font></h3>
<ul><li><font face="Times New Roman" size="5"><a rel="nofollow" class="external text" href="http://eprints.ecs.soton.ac.uk/14434/">Knowledge Enhanced Searching on the Web</a></font></li></ul>
</div><font face="Times New Roman" size="5">
</font><div id="catlinks" class="catlinks"><div id="mw-normal-catlinks" class="mw-normal-catlinks"><font face="Times New Roman" size="5"><a href="http://www.sourcewatch.org/index.php/Special:Categories" title="Special:Categories">Categories</a>: </font><ul><li><font face="Times New Roman" size="5"><a href="http://www.sourcewatch.org/index.php/Category:Public_relations_industry_associations" title="Category:Public relations industry associations">Public relations industry associations</a></font></li><li><font face="Times New Roman" size="5"><a href="http://www.sourcewatch.org/index.php/Category:Fake_News" title="Category:Fake News">Fake News</a></font></li></ul></div></div><p><font face="Times New Roman" size="5">==<br /></font></p><font face="Times New Roman" size="5">
</font><p><font face="Times New Roman" size="5"><a href="https://en.wikipedia.org/wiki/Public_Relations_Society_of_America"> https://en.wikipedia.org/wiki/Public_Relations_Society_of_America</a></font></p><p><font face="Times New Roman" size="5">The <b>Public Relations Society of America</b> (<b>PRSA</b>) is a <a href="https://en.wikipedia.org/wiki/501%28c%29_organization" title="501(c) organization">nonprofit</a> <a href="https://en.wikipedia.org/wiki/Trade_association" title="Trade association">trade association</a> for public relations professionals headquartered in <a href="https://en.wikipedia.org/wiki/New_York_City" title="New York City">New York City</a>.
It was founded in 1947 by combining the American Council on Public
Relations and the National Association of Public Relations Councils.
That year it had its first annual conference and award ceremony. In the
1950s and 1960s, the society created its code of conduct, accreditation
program and a student society called the Public Relations Student
Society of America. In the 1970s and 1980s, its membership attained a
stronger female demographic and the society had its first female
Presidents. PRSA created a definition of public relations in 1982, which
was updated with a crowd-sourced version in 2011.</font></p><font face="Times New Roman" size="5">
</font><p><font face="Times New Roman" size="5">PRSA is governed by a Leadership Assembly that consists of delegates
representing its membership, a board of directors and various committees
and task forces. Positions are elected and served on a volunteer basis.
PRSA hosts an accreditation program, industry awards, networking events
and a code of conduct. PRSA also advocates on behalf of the public
relations industry for changes in education and for the credibility of
the profession.</font></p><font face="Times New Roman" size="5">
</font><div id="toc" class="toc">
<div id="toctitle">
<h2><font face="Times New Roman" size="5">Contents</font></h2>
</div></div><font face="Times New Roman" size="5">
</font><ul><li class="toclevel-1 tocsection-1"><font face="Times New Roman" size="5"><a href="https://en.wikipedia.org/wiki/Public_Relations_Society_of_America#History"><span class="tocnumber">1</span> <span class="toctext">History</span></a></font></li><li class="toclevel-1 tocsection-2"><font face="Times New Roman" size="5"><a href="https://en.wikipedia.org/wiki/Public_Relations_Society_of_America#Organization"><span class="tocnumber">2</span> <span class="toctext">Organization</span></a></font></li><li class="toclevel-1 tocsection-3"><font face="Times New Roman" size="5"><a href="https://en.wikipedia.org/wiki/Public_Relations_Society_of_America#Services"><span class="tocnumber">3</span> <span class="toctext">Services</span></a></font></li><li class="toclevel-1 tocsection-4"><font face="Times New Roman" size="5"><a href="https://en.wikipedia.org/wiki/Public_Relations_Society_of_America#Research_and_advocacy"><span class="tocnumber">4</span> <span class="toctext">Research and advocacy</span></a></font></li><li class="toclevel-1 tocsection-5"><font face="Times New Roman" size="5"><a href="https://en.wikipedia.org/wiki/Public_Relations_Society_of_America#See_also"><span class="tocnumber">5</span> <span class="toctext">See also</span></a></font></li><li class="toclevel-1 tocsection-6"><font face="Times New Roman" size="5"><a href="https://en.wikipedia.org/wiki/Public_Relations_Society_of_America#References"><span class="tocnumber">6</span> <span class="toctext">References</span></a></font></li><li class="toclevel-1 tocsection-7"><font face="Times New Roman" size="5"><a href="https://en.wikipedia.org/wiki/Public_Relations_Society_of_America#External_links"><span class="tocnumber">7</span> <span class="toctext">External links</span></a></font></li><li class="toclevel-1 tocsection-7"><font face="Times New Roman" size="5"><span class="toctext">
</span></font></li></ul><font face="Times New Roman" size="5">
</font><p><font face="Times New Roman" size="5">===</font></p><font face="Times New Roman" size="5">
</font><p><font face="Times New Roman" size="5"><em>Our guest blogger is <a href="http://www.americanprogress.org/experts/HendricksBracken.html">Bracken Hendricks</a>, a Senior Fellow with American Progress Action Fund and the founding Executive Director of the Apollo Alliance.</em></font></p><font face="Times New Roman" size="5">
</font><p><font face="Times New Roman" size="5"><img src="/35ce9b99-2e51-5479-bede-c9e37e1d0a0f.jpg"/>In today’s <a href="http://www.washingtonpost.com/wp-dyn/content/article/2008/06/01/AR2008060101913.html">Washington Post</a> and a parallel piece in <a href="http://www.newsweek.com/id/139454">Newsweek</a>, Robert J. Samuelson gets it wildly wrong on federal policy for reducing greenhouse gas emissions, parroting a litany of falsehoods and misrepresentations concerning the Lieberman-Warner cap-and-trade legislation <a href="http://www.americanprogressaction.org/progressreport/2008/06/pr20080602">now being debated</a> in the Senate. He writes:</font></p><font face="Times New Roman" size="5">
</font><blockquote>
<p><font face="Times New Roman" size="5"><strong>The chief political virtue of cap-and-trade — a complex scheme to reduce greenhouse gases — is its complexity. This allows its environmental supporters to shape public perceptions in essentially deceptive ways</strong>. Cap-and-trade would act as a tax, but it’s not described as a tax. It would regulate economic activity, but it’s promoted as a “free market” mechanism. Finally, it would trigger a tidal wave of influence-peddling, as lobbyists scrambled to exploit the system for different industries and localities. This would undermine whatever abstract advantages the system has.</font></p>
</blockquote><font face="Times New Roman" size="5">
</font><p><font face="Times New Roman" size="5">Samuelson is the one being “essentially deceptive.” Like most detractors of action on global warming, Samuelson continues to push the unsubstantiated notion that reducing emissions will tank the economy, and thus is not worth the effort. The problem with this argument is that it ignores the last three decades of science, misunderstands basic economic theory, and overlooks the enormous opportunity presented by the clean energy economy.</font></p><font face="Times New Roman" size="5">
</font><p><font face="Times New Roman" size="5"><strong>Inaction is by far the most expensive policy option.</strong> Global warming was correctly termed “<a href="http://www.hm-treasury.gov.uk/media/4/3/Executive_Summary.pdf">the biggest market failure in human history</a>” by Sir Nicholas Stern, a senior economic advisor to the government of Tony Blair. Establishing a price on emissions through a cap-and-trade system actually improves the efficiency of the economy by ensuring that market prices include the real social costs of pollution and inefficiency. This is a basic fact of economics, popularized in the early 1900s by economist Arthur Pigou and embodied by the contemporary “<a href="http://www.eoearth.org/article/Polluter_pays_principle">polluter pays</a>” principle. Recent studies by the <a href="http://www.ipcc.ch/pdf/assessment-report/ar4/syr/ar4_syr_spm.pdf">Intergovernmental Panel on Climate Change</a> and even the <a href="http://thinkprogress.org/wonkroom/2008/05/30/whreportclimatereport/">Bush Administration itself</a> confirm the high costs of inaction and the existence of a wide range of cost-effective actions to bring down carbon emissions and stimulate economic innovation.</font></p><font face="Times New Roman" size="5">
</font><p><font face="Times New Roman" size="5"><strong>The “abstract” advantages of cap and trade are real.</strong> Samuelson simultaneously argues that cap-and-trade is a backdoor carbon tax while deriding its advantages over a tax. One of the fundamental differences between a set tax and cap-and-trade is that while a carbon tax assumes the government knows the proper marginal cost of emissions, a cap-and-trade system <a href="http://gristmill.grist.org/story/2007/11/6/01958/0916">lets the market set the price</a>. In an economy like the U.S. that has been functioning without any effective greenhouse gas constraints, the initial cost of emissions reductions is likely to be quite low as we capture the <a href="http://www.mckinsey.com/clientservice/ccsi/pdf/US_ghg_final_report.pdf">low-hanging fruit of efficiency gains</a>.</font></p><font face="Times New Roman" size="5">
</font><p><font face="Times New Roman" size="5"><strong>“Influence peddling” should be addressed in any system.</strong> As John Whitehead writes at the Environmental Economics blog, “Just like any government policy, <a href="http://www.env-econ.net/2007/06/carbon_tax_vs_c_2.html">both a carbon tax and cap-and-trade can be gamed</a> through the political process. It is goofy to try to argue that one would be gamed more than the other.” Samuelson’s concern about influence peddling can be addressed by a commitment to <a href="http://www.americanprogress.org/issues/2008/06/auction_revenue_report.html">auction 100% of the emissions permits</a>, as advocated by the Center for American Progress. The opportunity for gamesmanship would be minimized by a full, transparent, permit auction instead of the free allowance giveaway advocated by most polluters.</font></p><font face="Times New Roman" size="5">
</font><p><font face="Times New Roman" size="5">Global warming is not just an environmental crisis — it is a public policy problem. Given the choice between an innovation economy that uses clean energy efficiently, and an economically devastating climate crisis, the choice is obvious. It is time for naysayers like Samuelson to stop pitting the economy against the environment, and recognize that a safe and sustainable environment is the bedrock of our prosperity. That is an idea worth investing in.</font></p><font face="Times New Roman" size="5">
</font><p><font face="Times New Roman" size="5"><strong>UPDATE:</strong> Ryan Avent at <a href="http://www.ryanavent.com/blog/?p=1076">The Bellows</a> writes:</font></p><font face="Times New Roman" size="5">
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<p><font face="Times New Roman" size="5">Washington Post columnist Robert Samuelson has long impressed me as one of the most hackish economic columnists not associated with the Wall Street Journal and not named Ben Stein, but today’s piece on cap-and-trade is dismally, embarrassingly stupid. Its essential premise is that consumers and producers of energy don’t respond to price signals, something so incredibly, obviously wrong that even the dolt editors of the Post opinion section should have wondered what was up. Samuelson should be ashamed of himself.</font></p>
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</font><p><font face="Times New Roman" size="5">==</font></p><font face="Times New Roman" size="5">
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