Yet another example of why--if we must do something--a straight-up carbon tax would be a much better answer. Less opportunity for weaseling. With cap-and-trade, the same fine investment-banking folks at Lehman, Goldman Sachs, Et al (well, maybe not Lehman :-) ) are salivating at the prospect of yet another financial instrument to, ah, manipulate. How, exactly, is this a good idea?
H/t - WUWT
No comments:
Post a Comment