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November 14, 2009

The Huge Mistake

A couple of EPA lawyers describe why Cap & Trade legislation is a really bad way to reduce carbon emissions. Remember the Law of Unintended Consequences.

They're right that a "carbon fee" is a better approach to reducing carbon emissions (though they should just bite the bullet and call it a carbon tax).

And for AGW skeptics like me, the tax approach has another advantage -- you can always repeal a tax when you figure out it was a mistake. Getting rid of a cap & trade program will be much more difficult.

Posted by joke du jour at November 14, 2009 07:06 AM

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