Wednesday, July 22, 2009

TDS Explains Toothless Cap & Trade

I saw TDS Tuesday night on the hotel cable. Advance to the 40 second mark, for the details of how impotent the passed legislation really is. As Steven Chu says, "it's a start" ... a late, poor, lack luster one.. but something is slightly better than nothing. Cap'n Trade, is one sorry S.O.B.
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1 comment:

  1. Joe MJuly 28, 2009 at 9:05 PM

    That's still the fundamental problems with "market-based" solutions like Cap & Trade...who gets to set the threshold? Since our political processes are still vulnerable to monied influence, this scheme won't work the way we intend it to.

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