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There is no doubt that there will be wealth created in the development of a market for Cap and Trade coupons. Oh, by the way, Al Gore owns 35% of the company that will manage that market. Talk about insider trading and political influence. The next thing is that the current Cap and Trade Bill is giving away the 85% of the initial coupons which eliminates any money that the government would pull in that was supposed to be reinvested in cleaner technology. India and China dwarf our emissions and they are still growing while we have stagnated. Both of these countries have thumbed their nose at any form of Cap and Trade. There is no statistical proof that Cap and Trade has had any positive influence on pollution. The data is all inferred. If you don't think this whole thing is about money then check my latest post here on GE's influence on political decisions.
There is no doubt that there will be wealth created in the development of a market for Cap and Trade coupons. Oh, by the way, Al Gore owns 35% of the company that will manage that market. Talk about insider trading and political influence.
The next thing is that the current Cap and Trade Bill is giving away the 85% of the initial coupons which eliminates any money that the government would pull in that was supposed to be reinvested in cleaner technology.
India and China dwarf our emissions and they are still growing while we have stagnated. Both of these countries have thumbed their nose at any form of Cap and Trade.
There is no statistical proof that Cap and Trade has had any positive influence on pollution. The data is all inferred.
If you don't think this whole thing is about money then check my latest post here on GE's influence on political decisions.
