Monday, April 13, 2009

Can we save the growing population of polar bears by enacting a huge energy tax, siphoning off billions for bureaucracy, overhead and fraud, then redistributing some of the remainder?

EPW Policy Beat: Rebate Response
Fourth, why are cap-and-trade proponents devising methods to neutralize higher energy prices? This undermines the purpose and ultimate effectiveness of cap-and-trade. As CBO has stated, “Price increases would be essential to the success of a cap-trade program because they would be the most important mechanism through which businesses and households would be encouraged to make investments and behavioral changes to reduce CO2.”

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