http://smashthemirror.wordpress.com/2008/07/24/why-cap-and-trade-wont-backfire/ Thoughts on Geopolitics, Energy, Economic Issues and other whatnot Wed, 15 Apr 2009 18:04:20 +0000 http://wordpress.com/ hourly 1 http://smashthemirror.wordpress.com/2008/07/24/why-cap-and-trade-wont-backfire/#comment-646 Newsbusters Blog, RNC Caught in a Lie « Smash the Mirror Mon, 03 Nov 2008 22:35:34 +0000 http://smashthemirror.wordpress.com/?p=117#comment-646 [...] Mr. Obama was asked about how he would regulate coal power plants. He essentially said that his goal was not to stand in the way of coal power plants, that by and large he would not target coal-fired power plants. Instead, Mr. Obama advocates an aggressive greenhouse gas cap-and-trade program, a system that is unbiased, because it applies to all firms, and that instead of going against the market mechanism, taps into it in order to reduce pollution (see this previous cap-and-trade post). [...] [...] Mr. Obama was asked about how he would regulate coal power plants. He essentially said that his goal was not to stand in the way of coal power plants, that by and large he would not target coal-fired power plants. Instead, Mr. Obama advocates an aggressive greenhouse gas cap-and-trade program, a system that is unbiased, because it applies to all firms, and that instead of going against the market mechanism, taps into it in order to reduce pollution (see this previous cap-and-trade post). [...]

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