Scam and Trade
Like I said in yesterday's post, Cap and Trade is a way for the corporate psycho class to maintain their free permits for their present crimes against the environment; and, simultaneously give themselves legal insulation from future global warming law suits.
No wonder the POTUS likes it. Here's the story.
White House to monitor 'cap-and-trade'
CHARLES J. HANLEY
The Associated Press
NAIROBI, Kenya -- The Bush administration will watch closely how California and other states and nations carry out their "cap-and-trade" systems reining in global-warming gases, the chief U.S. negotiator said Thursday.
"We welcome the pursuit of these different strategies and we want to see how they evolve," Undersecretary of State Paula J. Dobriansky said in an interview with The Associated Press at the U.N. climate conference.
She didn't rule out the possibility the United States might end its opposition to mandatory caps on carbon dioxide and other heat-trapping gases blamed for global warming.
The United States and Australia are the only major industrialized countries to reject the Kyoto Protocol, which obliges 35 industrial nations to reduce emissions of greenhouse gases by 5 percent below 1990 levels by 2012. President Bush has said Kyoto would harm the U.S. economy, and it should have required cutbacks in poorer nations as well.
In imposing quotas on such emissions from power plants and other energy-intensive industries, the European Union established a trading system whereby companies that don't use their full emissions allowances can sell credits to others that need them.
Gov. Arnold Schwarzenegger has signed legislation imposing emissions ceilings in California and envisions a trading system there. Other U.S. states are developing similar programs.
When asked, Dobriansky didn't rule out such a system at the national level. "We look forward to an innovative discussion on the most effective approaches," she said. "
Cap and Trade.
Sounds like progress doesn't it?
But, it institutionalizes the problem instead.
And even worse, it legitimizes the act of polluting.
It's their defense for the future.
Yes, generally "the perfect should not become the enemy of the good".
But Cap and Trade is not good.
It's a Scam and Trade.
It's a full employment act for regulators and government.
It's a" get out of jail free" card for the polluters.
It's a scheme that will ultimately place the burden of these acts
onto the victims of these crimes.
That would be us.
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