The Death of Cap and Tax

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This is an opinion item.

Author(s) The Wall Street Journal editorial board
Source The Wall Street Journal
Date August 1, 2010
URL http://online.wsj.com/article/SB10001424052748703977004575393313926643450.html
Quote
Quotes-start.png "Whatever one thinks of the science of climate change, cap and tax is the wrong policy response. At enormous economic cost, it would do little to reduce global carbon emissions. To the extent that it reduces growth, it would make the world less able to cope with the consequences if temperatures do rise. The richer the world, the more resources the world will have to adapt and ameliorate bad effects." Quotes-end.png


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This item argues against the position Act should be passed on the topic American Clean Energy and Security Act.