Spill no justification for cap-and-trade scheme

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This is an opinion item.

Author(s) The Orange County Register editorial board
Source The Orange County Register
Date June 16, 2010
URL http://www.ocregister.com/articles/oil-253777-government-spill.html
Quotes-start.png "Firms participating in a worldwide carbon scheme already abuse it by artificially inflating their greenhouse gas emissions, which allows rich nations to boost emissions, Reuters reports. For example, chemical plants maximize production of a potent gas because of a financial incentive – getting paid via the offset scheme to destroy the same gas. The U.S. needs cap and trade like it needs another oil spill." 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.