EcoGeek's explanation of Cap & Trade
The fastest and best explanation of Cap & Trade ever.
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Comments
Instead of government just dictating term and collecting money how about if they are required to invest the collected money into technology that lowers pollution that is the problem?
This currently is just another tax. If they were truly concerned about the problem they would help solve it.
We can't just "hope" cap and trade will work. The science does not support it, and it will have disastrous effects on the economy, including increased electricity rates and job loss. http://tinyurl.com/klfut8
Increased electricity rates will lead to less electricity consumption - which is a good thing. Look at Europe, rates are much higher there and, interestingly, there was no disastrous effect. Why is the US not as efficient as Europe in its resource usage?
