Wednesday, July 23, 2014
Two views on Cap and Trade (but both agree it is a total scam)
I have another objection to cap and trade. Suppose I live next to a polluter and have to breathe the foul air. I pay the "cost" of pollution. Next, the government sells (blackmails) the polluter permission to continue to pollute. The politician then distributes proceeds for his friends. I get nothing. Cap and trade is bad public policy.