Over the weekend, Laurie Williams and Allan Zabel, two Oakland, CA EPA attorneys, speaking as private citizens, sent an open letter to every member of Congress indicating that the cap and trade approach, such as espoused in the Lieberman-Warner America's Climate Security Act of 2007 (S. 2191), would be "inherently inferior to a carbon tax." Full Story »
Posted by Chris FinnieTo:
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This post does a good job of showing the difference between political expediency and effective policies. Cap and trade sounds good. It lets politicians look like they're doing something without hurting their powerful corporate pals. But it doesn't, as this story posits, actually solve the problem. And, as the UN notes, those least able to bear the consequences--and, sadly enough, least responsible for the problem--will suffer the most.
