Heinz Blasnik- Views You Can Use Message Board

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Strategies & Market Trends : Heinz Blasnik- Views You Can Use

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To: LLCF who wrote (4630)	6/12/2010 7:59:06 AM
From: yard_man	Read Replies (1) of 4904

I think calling the market "everything" misses the point. There is good public policy regarding pollution and there is bad public policy regarding pollution. Obviously -- allowing people to dump lead was bad and law that moved the industry toward recovering the lead in lead acid batteries was good. This was a measure that did not seek to shut down an industry or use the government to "engineer" a shift to some hitherto unforseen, unproven technology. The difference between this and cap and trade is huge: Cap and trade -- were it to pass -- has in the idea that if we just penalize coal enough (on the dubious assumptions the correlation of temp rises with CO2 is correct, that said temp rises would continue unabated on current course, that such temperature rises are somehow catastrophic to planet, etc, etc) economic technologies will appear to replace it. It isn't so. I'm not in the everything is a conspiracy camp -- but I do agree with slider on this one -- if you'll follow the money -- you'll see what this really is -- crony capitalism. Be careful of believing all the baloney done "called" science that is funded by the government ...

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