Could Cap and Trade Still Happen? -- Seeking Alpha

Cap and Trade has taken some severe hits these past few weeks as Democrats confront the reality that the American public currently places climate change well behind the economy. However, a meeting today of senior White House staff with U.S. Climate Action Partnership, or USCAP- whose members include GE, Duke Energy (DUK), and Caterpillar (CAT)- indicates this is not a dead issue.

The participants in the meeting, which reportedly included Rahm Emanuel and CEOs, apparently all agree that a cap and trade program be passed as soon as possible. The USCAP program also includes a feature at odds with President Obama's stated plan- free allowances as opposed to auctioned allowances. No wonder USCAP would like to see this plan passed as soon as possible.
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My view- there is already sufficient incentive for CO2 reduction in the price of fossil fuels. Given that there is a growing consensus that there is no consensus on global warming, it is wiser to wait on taxing consumers to benefit bigger government, or bigger business.

Mission accomplished: Brainwashed youngsters now swallow the greatest scientific fraud in history

The Wallabies captain and Brumbies outside centre is a celebrity ambassador for Earth Hour again this year and said he was surprised by how much local pupils knew about sustainability.

''It is amazing how many of these young kids are totally over all the issues to do with climate change and understand the whole sentiment about what Earth Hour is about,'' he said.

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