Emissions Trading to Reduce Greenhouse Gas Emissions in the United States: The McCain-Lieberman Proposal

For a briefing on the mind-boggling complexity of the cap-and-trade proposals, I recommend the above-captioned science policy analysis by the MIT Joint Program on the Science and Policy of Global Change. Senators McCain and Lieberman represent the very best of the U.S. political system — but even these men have fallen victim to the cap-and-trade movement.

Revenue-neutral carbon taxes can work. Let’s stop wasting time with these hopeless Kyoto-style measures.