Cap-and-trade mess
From Discourse DB
This is an opinion item.
| Author(s) | Financial Times editorial board |
|---|---|
| Source | Financial Times |
| Date | June 28, 2009 |
| URL | http://www.ft.com/cms/s/0/f9dbc260-6404-11de-a818-00144feabdc0.html |
| Quote | "To curb climate change, the world needs to cut carbon emissions. It needs US leadership on the issue too. But this bill is not the way. A bewildering combination of cap-and-trade, mandates, new regulation, and every kind of open and disguised subsidy, it is too complicated, too prone to subversion and in many ways downright self-defeating."
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This item argues against the position Act should be passed on the topic American Clean Energy and Security Act.