Cap and trade: "inefficent and ineffective"

Over the weekend, Laurie Williams and Allan Zabel, two Oakland, CA EPA attorneys, speaking as private citizens, sent an open letter to every member of Congress indicating that the cap and trade approach, such as espoused in the Lieberman-Warner America's Climate Security Act of 2007 (S. 2191), would be "inherently inferior to a carbon tax." Full Story »

Posted by Chris Finnie

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Review

Terry Mazanec
2.4
by Terry Mazanec - Oct. 1, 2008

One good point in this otherwise lame piece: government solutions almost always hurt the poor and powerless that they are trying to help. Large corporations can afford to draft subtle strategies to maximize their benefit, but the average citizen has to fend for her/himself. A free market approach is much more egalitarian. But before any solutions are attempted, we need much better understanding of the influences on climate variability. I am not convinced that man-made CO2 is more than a minor component. If it were so important the 'average' global temperature would travel lock-step with CO2 levels, which clearly it has not.

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Terry's Rating

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2.4

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