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To: MulhollandDrive who wrote (203242)	5/20/2009 3:08:38 PM
From: patron_anejo_por_favor	Read Replies (2) \| Respond to of 306849

Yes, he's very much the tree-hugger, and KP has been up to their eyeballs in "green energy". Although I think O is way over the top in trying to force it, there's clearly a role for electrifying personal transport (from a strategic/energy independence view point, not for curing global warming). So I think KP will produce some big winners in this. Cap and trade will simply be a huge tax on the economy for the forseeable future, Merka's the Saudi Arabia of coal but we're shooting ourselves in the foot because we're willfully disadvantaging it in the marketplace compared to competing energy sources. All IMHO. Personally, I'd build the grid, build the solar/wind, build more nukes, build the electric cars, and continue to burn coal. I think we're gonna need it all and more to replace crude over the next 20-25 years.

To: MulhollandDrive who wrote (203242)	5/20/2009 8:35:17 PM
From: ChanceIs	Read Replies (2) \| Respond to of 306849

RE: Cap and Trade - Per NY Times.......... How did cap and trade, hatched as an academic theory in obscure economic journals half a century ago, become the policy of choice in the debate over how to slow the heating of the planet? And how did it come to eclipse the idea of simply slapping a tax on energy consumption that befouls the public square or leaves the nation hostage to foreign oil producers? The answer is not to be found in the study of economics or environmental science, but in the realm where most policy debates are ultimately settled: politics. Many members of Congress remember the painful political lesson of 1993, when President Bill Clinton proposed a tax on all forms of energy, a plan that went down to defeat and helped take the Democratic majority in Congress down with it a year later. Cap and trade, by contrast, is almost perfectly designed for the buying and selling of political support through the granting of valuable emissions permits to favor specific industries and even specific Congressional districts. That is precisely what is taking place now in the House Energy and Commerce Committee, which has used such concessions to patch together a Democratic majority to pass a far-reaching bill to regulate carbon emissions through a cap-and-trade plan. nytimes.com