Tag Archives: environment

Cap and Trade: A Crisis in the Making

With health care reform, racist czars, and the war in Afghanistan taking front-stage lately, the Waxman-Markey bill (H.R. 2454) which contains cap and trade has gotten little attention.  While the bill has several promising proposals for modernizing our power infrastructure and moving us towards more sources of renewable energy, there are considerable issues with the market-based pollution controls in the bill.  This bill has the potential to create a crisis without having the potential to solve the unproven issue that it seeks to remedy.