The Death of Cap and Tax

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	"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."

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