Home arrow Economics arrow CAP & TRADE AND THE SMOG RIP-OFF
CAP & TRADE AND THE SMOG RIP-OFF

Posted 18 September 2009

"If Wall Street traders can commodify sub-prime mortgages with impunity, and the Enrons of the world can manipulate energy markets like a pinball machine, imagine a future when tradeable permits for carbon dioxide and other heat-trapping gases are auctioned and swapped over the public’s head. A Heritage Foundation economist expects the action to hit $5.7 trillion in value, and many experts say it all adds up to an irresistible buffet for chicanery. " - Chip Jacobs in NewGeography.

LINK 

Last Updated ( Friday, 18 September 2009 )
 
< Prev   Next >
This website is dedicated to the memory of Professor August H. (Augie) Auer jr, a co-founder of the Coalition.