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| Common sense has left the building when it comes to climate policy. Cap-and-trade schemes are fundamentally flawed, and particularly ill-suited to greenhouse gas control. Negatives include losses of 1.5 to 3.4 million jobs, a drag on economic growth, incentives to cheat, those raking in profits in new carbon trading calling for ever-tighter caps, and higher costs of goods and services. | | Published On: | 2/16/2008 | | Submitted On: | 2/16/2008 8:52:00 PM by Frank K | | Categories: | Fossil Fuels |
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