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  • How to Trade 'Cap & Trade' Policies - Barron's [View article]
    Re: longoil ... "the Cap-and-Trade scheme is a nightmare to administer (compared to a carbon tax). You need an army of thousands of inspectors to police compliance. How do you detect when someone is cheating and emitting more pollution that they are allocated? Furthermore, the Cap-and-Trade has many loopholes for legacy polluters."

    All completely correct! But this is not about doing the right thing. This is about politics.
    Jan 20 11:48 am |Rating: +2 0 |Link to Comment
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