Good News, There's a Climate Bill -- Bad News, It Stinks
Sparing the many odiferous details, here are three particularly bad aspects that have to be addressed.
1) It won't protect the poor from price-hikes as the price of carbon is slowly internalized into our energy bills, but will protect polluting industries by allowing them free pollution permits; 2) It opens the door to fraud and shell games instead of real climate action by setting up a huge carbon derivatives market; 3) It makes a mockery of our common understanding of "renewable energy," favoring dirty smokestacks over truly clean, renewable energy. Full Story »
Posted by Dwight Rousu
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