SayAnything Blog
The Wall Street Journal Isn’t Loving McCain’s Cap-And-Trade Plan
Article | Full Version | Back
Rob - 08:05am on 05/13/2008

By the way big industry today will be granted a government enforced franchise worth trillions of dollars through any kind of cap and trade scheme.

Any other businesses want to start up production, they’ll have to pay the existing busineses for the right to do so.

Does that sound like it will stifle competition?  Of course it will. 

So if anyone says that “how can it be bad” when business is for it, there’s the reason.

Now IF carbon dioxide output was a bad thing, then the least bad fix would be to institute a revenue neutral carbon tax.  That would actually have the benefit of moving us to a more consumption based tax system. 

I’m not for this, but it would be less bad. 

John McCain is a moron if he thinks that a cap and trade system is the way to go.

The Whistler - 09:05am on 05/13/2008

It’s obvious McCain’s policy is geared towards ignorant people.

Pay more taxes so government can pretend they can control the weather.

Grey Horse - 10:05am on 05/13/2008

Ya know, I thought we already had an energy rationing system called “price.” Has that been abolished?

Bike Bubba - 12:05pm on 05/13/2008

Cap and Trade is real in Oregon and going to get worse.

Here are some links. Try to read through the Cathcart piece at this link:

http://www.oregonforests.org/media/pdf/CarbonRptFinal.pdf

The problem of equivalence is addressed, but will be a political, rather than a market decision. Bad policy.

Here are some more links, for those with the stomach for bureaucratic indifference to markets:

http://www.deq.state.or.us/aq/climate/rulemaking.htm
http://pdf.wri.org/ftcarbonbro.pdf

And don’t forget, this was the brainchild of an English major.

http://oregonguythinks.blogspot.com/2008/04/father-of-carbon-credits.html

Have fun in the 21st Century.

OregonGuy - 01:05pm on 05/13/2008
Post a New Comment