It is high time we started calling cap and trade what it really is — tax and charade.
Roger Pielke examines the upcoming emissions permits auction for the Regional Greenhouse Gas Initiative (RGGI) of 10 northeastern U.S. states participating in this new cap and trade program.
…The evolving performance of RGGI should add weight to the argument that cap and trade is simply not up to the challenge of reducing greenhouse gas emissions.
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