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knowledgeproblem.com - 9/3/2009
Highly recommended read on Waxman-Markey: The Cap-and-trade Bait and Switch
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Michael Giberson David Schoenbrod and Richard B. Stewart explain why the Waxman-Markey “cap-and-trade” bill isn’t, fundamentally, a market-based approach to regulating greenhouse gasses: As a candidate for president in April 2008, Barack Obama told Fox News that “a ...

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Aguanomics:  Politics as Usual with Cap and Trade

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Politics as Usual with Cap and Trade
Aguanomics — This post notes that the fear of many economists (that cap and trade would turn into give away that did little to rein in carbon) has come true. The current legislation is about regulation and special interest exemptions/bribes; it's NOT about addressing climate change and/or reducing carbon output.* Such a pity. No, actually, it makes me sick. Fuck. Doesn't anyone have a brain or is it just so obvious that the DC-crowd exists to suck in tax dollars/bribes and push out BS. Arg! Bottom Line: The lower I go with my expectations, the ...

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