Cap and Trade

The point of cap-and-trade is the tax money Blog

free market

It’s not about reducing carbon dioxide emission or reducing global warming.
The experience of the Regional Greenhouse Gas Initiative (RGGI) in the northeastern United States shows us once again that the point of cap-and-trade is to generate tax revenue and not to reduction carbon dioxide emissions or reduction global warming.
Currently there is one operating cap-and-trade program for carbon dioxide in the U.S.—the Regional Greenhouse Gas Initiative. On Monday it…

Continue Reading » | Share: ,