CO2 cap-and-trade bill (Awaiting Presdential Signature/Veto)

[Lief 🗽]

Friendly amendment:

Section 6. Upon passage of this act, FL 20-1 ("The Carbon Tax Act") is repealed.

[Lief 🗽]

Is there a reason why you prefer the cap and trade system to a carbon tax? The carbon tax seems like a simpler system and to me and it results in tax revenue which can then be put towards investment in clean energy research. Also it seems that a cap and trade system would put our industries at a disadvantage versus those in countries without carbon caps.

[Lief 🗽]

Nay. As Bacon King said, it's a good bill, but I prefer the current carbon tax system.

[Lief 🗽]

The 19th amendment gives President Bgwah the power to amend the bill to include something about a penalty for emitting beyond issued credits, if he wishes to.