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  • Three Investment Trends That Benefit From Cap and Trade [View article]
    The former boss of British Petroleum, Lord Browne, once thought that cap and trade made sense. Not too many months ago he said that it was nonsense.

    Judgements of this type are overlooked by the US government and cap and trade boosters in Congress and elsewhere. However I am ready to believe that the new Secretary of Energy is smart enough to understand the deficiencies of cap and trade, and one day he will take steps to do exactly that. And, when that happens, he goes to the President and tells him to give one of those brilliant speeches in which - like Lord Browne - he informs the great American television audience that the measure is nonsense, and is being discarded immediately if not sooner.
    Jun 28 09:55 am |Rating: +5 -1 |Link to Comment
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