Although touted as a market-based solution to the problem of global warming, the cap and trade solution is not only ineffective, but excessively and unnecessarily burdensome for all levels of consumers and industry. Although instituted to supposedly reduce greenhouse gas emissions and consequently reduce global warming, the indirect and unintended consequences of such a system are potentially disastrous. First, the cap and trade system will place on producers in almost any industry an additional financial burden. As domestic industries continue to compete internationally, these increased c...
More..Luke Holoubek
Member since: June 2009
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