Article

2009-03-26 Economy

O's Vested Interest in Cap & Trade - Follow the Money

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Posted by GolfBravoUSMC 2009-03-26 01:35|| || Front Page|| [2 views ] Top

#1 Kill it. Kill this horrible idea. Smother it to the ground and slaughter it before it multiplies.

Posted by newc">newc 2009-03-26 11:17|| 2009-03-26 11:17|| Front Page Top

#2 Eh, the money'd be followable if Obama was still involved in the carbon trading exchange or stood to gain financially from it. This just reads like he has a political investment in the idea, which is pretty much expected political behavior.

And I say that as someone who thinks the carbon trading scam is apocalyptically rotten. It's now pretty clear from the European example that in practice it's rent-seeking of the first water. But that wasn't as obvious in 2000-2001. Hell, I think my company was involved in the prospective development of a carbon-trading scheme back in the late 90s, before I was hired.

Posted by Mitch H.">Mitch H. 2009-03-26 13:06|| http://blogfonte.blogspot.com/]">[http://blogfonte.blogspot.com/] 2009-03-26 13:06|| Front Page Top

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