Remember Cap and Trade?" The anti-market allegedly market-based" solution" to man-faked global warming climate change?
A central authority (usually a governmental body) sets a limit or cap on the amount of a pollutant that may be emitted.
The limit or cap is allocated and/or sold by the central authority to firms in the form of emissions permits which represent the right to emit or discharge a specific volume of the specified pollutant.
Permits (and possibly also derivatives of permits) can then be traded on secondary markets.
Except:
Cap-and-Trade Schemes Are Not Markets
Only if (you) want government to raise energy prices make coal uneconomical as an electricity fuel or restrict Americans access to carbon-based energy.…
Cap and trade" is a policy so disastrous it couldnt pass a Democrat-majority Congress - with Democrat President Barack Obama eagerly waiting with pen at the ready.
(Democrat) Ben Nelson: Cap-and-Trade Will Not Pass This Congress
Cap and Trade is Dead (Really Truly Im Not Kidding)
Except with this President no terrible idea dies just because the Constitutional process demands it.
(Environmental Protection Agency) EPA: If Congress Doesnt Pass Cap-and-Trade We Will
Remember Cap and Trade?" The anti-market allegedly market-based" solution" to man-faked global warming climate change?
A central authority (usually a governmental body) sets a limit or cap on the amount of a pollutant that may be emitted.
The limit or cap is allocated and/or sold by the central authority to firms in the form of emissions permits which represent the right to emit or discharge a specific volume of the specified pollutant.
Permits (and possibly also derivatives of permits) can then be traded on secondary markets.
Except:
Cap-and-Trade Schemes Are Not Markets
Only if (you) want government to raise energy prices make coal uneconomical as an electricity fuel or restrict Americans access to carbon-based energy.…
Cap and trade" is a policy so disastrous it couldnt pass a Democrat-majority Congress - with Democrat President Barack Obama eagerly waiting with pen at the ready.
(Democrat) Ben Nelson: Cap-and-Trade Will Not Pass This Congress
Cap and Trade is Dead (Really Truly Im Not Kidding)
Except with this President no terrible idea dies just because the Constitutional process demands it.
(Environmental Protection Agency) EPA: If Congress Doesnt Pass Cap-and-Trade We Will
