Also, the free market will control the demand of fossil fuels, not something we need to worry about, we've got trillions of barrels of reserves in the ground under our feet.
If we can get China to make that mistake, we're doing damned good.
Can you explain why all the stupid people are worried about an ecological disaster that won't happen?
After alot of thought and a lot of reading I still dont support cap and trade. I see only two real reasons for it.
1. Government control of industry.
It has nothing (imo) to do with the enviroment. Take this example: A large corporation that supplies 80% of Missouri with electricity suddenly reaches there cap. They have one of three options, first being to purchase more CO2 allowance from the Fed, second trade with another company, third stop supplying electricity to millions of needing customers. The government isnt going to allow millions of people to go without power if no CO2 is available for the company to trade so they will simply sell them more (perhaps with a fine). So in the end we have not capped any CO2 production but instead only charged them for conducting buisness.
I think that if it were truly about the enviroment they would simply "cap" allowed CO2 and not have the sell/trade issue.
This is a defacto tax on those making less than 200k a year.
Think about it. who is paying more, who is recieving money when this nonsense goes into play.
Matthew 10:34Think not that I am come to send peace on earth: I came not to send peace, but a sword.