Like most good scams, cap and trade as outlined in the Markey-Waxman legislation is simple. The government sets a cap on how much pollution the nation's factories, cars (and flatulent cows) are allowed to expel into the atmosphere. Companies can buy, sell or trade their emissions, or lack thereof. (If the cows must be cited for violations, Al Gore, a onetime tobacco farmer, can measure the barnyard effluvium.)
Friday, June 26, 2009
Cap & trade to be passed in House today?
Groan. The largest tax increase in human history. How DARE they!!?
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