opinion of 'obama's energy bill'? (user search)
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  opinion of 'obama's energy bill'? (search mode)
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#1
support
 
#2
oppose
 
#3
what?
 
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Total Voters: 26

Author Topic: opinion of 'obama's energy bill'?  (Read 1221 times)
True Federalist (진정한 연방 주의자)
Ernest
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Posts: 42,144
United States


« on: June 28, 2009, 10:32:14 AM »

Oppose:

Cap and trade is at best an inefficient way to achieve the desired goals that allows politicians to obscure when they to try and pick winners and losers in the economy.  The way this bill is implementing cap and trade is a abomination thanks to all the compromises that have been made so far, and will need to be made to get it passed in the Senate.

A carbon tax has many advantages over cap and trade, not least of which is the ability to more precisely control the effect on the economy so that it never strangles it as cap and trade can do if the cap is set too low.  Plus it is simpler to enforce, and the revenues are captured by the government rather than old-line polluters, enabling the government to use it to reduce other taxes, pay off the debt, or fund new programs.

Cap and trade schemes can work in certain circumstances, where the number of affected entities is small enough to make monitoring and compliance feasible as is the case with SO2 emissions.  That isn't the case with CO2 plus we have the problem of quite a few bogus and/or exaggerated offsets in the greenhouse gas emissions market.
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