Whenever cap-and-trade was a feature of a Bush environmental proposal, environmentalists denounced it as a fraud.
Those Europeans are salivating at the idea of dumping phony carbon credits on Americans in return for hard currency dollars.
Cap and trade is such a readily apparent scam, with so many ways to scam within that system, only a plitician could love it.
Dear Prime Minister,Thank you for your leadership and hospitality in hosting the groundbreaking launch of the International Carbon Action Partnership (ICAP) in Lisbon. I have no doubt that this partnership, especially as it occurs during your presidency of the European Union, will quickly become the epicenter of discussion on market-based solutions to the most defining challenge of our century: global climate change. There are many different approaches to solving the challenge of global warming, and a uniform, global market for greenhouse gas emissions will unite us in our efforts to protect our environment while growing our economies.
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I believe ICAP – considering its goal of linking the various regional greenhouse gas emissions trading systems – is in and of itself a revolutionary undertaking. We have a responsibility to be stewards of the environment and seek out unifying solutions and not half-hearted commitments. Make no mistake: By allowing the power of markets to reduce greenhouse gas emissions, there will be winners and losers. Some businesses will prosper, and some will be forced to pay for emitting more than they are allowed – but we know the biggest winner will be the health of our planet.
The only effect this will have is to line the pockets of people running the scam.
AGW™ ping