Taking it for granted that a planetary temperature rise and swelling seas are imminent, Ellis laments that cap-and-trade legislation is "currently on life support in Congress." Just another victim of the "deep-seated aversion to Washington's intrusion in the marketplace," he says.
But isn't it more like a deep-seated aversion to slapping a punishing tax on all of us — industries and consumers — for the benefit of politically-favored "green" technologies that can't make it without taxpayer subsidy? While not controlling the hot flashes of Mother Earth more than a whit.
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