Chris Horner - Canard a la Recession: The Cap-and-Trade Tax

Of course, the last thing that those who seek a carbon dioxide cap-and-trade scheme want to do is offer the less-harmful direct tax on emissions, given that the entire point of cap-and-trade is to avoid the transparency of such a measure. Cap-and-trade isn’t the preferred option for reasons of it being “the most efficient way to reduce emissions” as is commonly misstated; that is inarguably done through a tax. [Via Heliogenic Climate Change]