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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Brumar89 who wrote (558997)4/5/2010 8:38:32 PM
From: RetiredNow  Read Replies (1) | Respond to of 1577095
 
Well, honestly, I'm not a big fan of Cap and Trade. I think there are better solutions than that. I think they will have to create a big bad bureaucracy to manage it and people will game the system. Plus, I hated how much of the carbon credits they were planning to give to current emitters.

I think a better solution would be to just do a straight carbon tax. Make every major emitting industry document how much they emit, put auditors in place to make sure the emissions are being calculated properly, and then use all proceeds from the carbon taxes to provide incentives to both producers and consumers of green energy.

But if the chips are down and it's Cap and Trade or do nothing, I'll take the Cap and Trade. Even with a highly expensive and inefficient system like Cap and Trade, the green energy industry is going to make the big players one hell of a lot of money. This country needs to get in the game in a big way. Either a Cap and Trade regime or a straight up Carbon Tax will move this country decisively in the direction of green energy and give us all the opportunity to reap the benefits of the green energy economy. So I'll take either, but prefer the Carbon Tax.