is it right to conclude that these days "cap and trade," in contrast to a carbon emission tax, is a Trojan Horse to give big subsidies to polluters?
On Wed, May 27, 2009 at 10:50 AM, Gar Lipow <[email protected]> wrote: > Waxman-Markey giveaways pit consumer protection against climate > protection:Poor design creates zero sum game -Posted 4:16 PM on 26 May > 2009 by Gar L Lipow > > http://www.grist.org/article/waxman-markey-giveaways-pit-consumer-protection-against-climate-protection > http://tinyurl.com/WaxMarkPassThru > > Waxman-Markey supposedly requires a large percent of the savings from > free permits to be passed along to consumers. The intent is that they > act as protection against price increases rather than a source of > profits for large companies. Unfortunately, to the extent this works, it > is likely to dampen the price signals that are supposed to help > emissions. Equally unfortunately, these provisions are much harder to > enforce than appears at first glance. -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
