Cap & trade legislation is stalled, which is a good thing since that's a clumsy and ineffectual way to fight climate change.
Cap & trade
legislation is stalled, which is a good thing since that's a clumsy
and ineffectual way to fight climate change. European nations that passed
similar legislation are not meeting their targets to reduce greenhouse gas emissions
and there's no reason to believe a U.S. effort would fare any
restrictions would kill our economy yet do little or nothing to
reduce global emissions, because U.S. manufacturers would end up moving more
production to countries overseas that are less fastidious
about the environment. Check out
Economist articlefor more gloomy news
about restraining emissions globally.
maybe it's time to pay more attention to capturing and sequestering carbon
rather than continue the quest for international cooperation that will never
come about.Here's a peek at
one promising technological solution.
Carbon Capture, Yes; Cap & Trade, No
July 7, 2010