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The Huge Mistake: Why cap and trade would be bad for the environment and the economy

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Uploaded by on Nov 6, 2009

This video, produced by EPA enforcement attorneys speaking on their own personal behalf, explains why cap-and-trade, while applicable for acid rain, will not work for climate change. It explains why a fee-and-dividend approach is more appropriate and will benefit the environment and the economy. Economists call this the "double dividend."

The video is divided into three sections.

1. The Big Lie which is that cap-and-trade will work for climate change. The reality is that cap-and-trade works great for acid rain, but would not work for climate change.

2. The Big Rip-Off which discusses how carbon offsets make things even worse because they can be easily gamed and because all the money will flow to the cheapest offsets.

3. The real solution which discusses fee-and-rebate which provides a double benefit, helping both the environment and economy.

Category:

News & Politics

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Standard YouTube License

  • likes, 2 dislikes

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  • I sleep with my fossil fuel heater on to high and understand the ins and outs of how government works. "Cap and Trade" will destroy this nation's economy and be an abysmal failure. What we "Cap" in production China and India will make up for. If only you understood economics. I suppose your professors at Hug A Tree Karl Marx University forgot to teach you that.

  • Two Smart People. Wish this info was on the nightly news.  Unfortunately most would not understand it, wouldn't spend 10 minutes to listen to it, and It will never make it onto the mainstream media lines.

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All Comments (48)

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  • yes climate change can harm our economy.

    

  • Hey! great vid! Hope to find more uploads from you!

  • Hey did you know that there are Robotic Astroturf Libertarians?

  • @freereason still the thing is that pollution does happen it lowers air quality and causes lung cancer

  • There is No Crisis! Climate change happens.

  • Cap and trade is just another buzzword phase, in a long line of fear mongering,

    40 years ago they predicted a New Ice Age

    30 years ago they predicted we would run out of oil in twenty years.

    20 years ago they were predicting a global pandemic of Ebola

    10 years ago they predicted that all the computers would crash, planes would fall from the sky, money would disapeare from bank accounts, it was called Y2K.

    Last year it was the H1N1 virus that was going to kill millions.

    BULLS?IT

  • Just say Global Warming is the big rip off!! This is what the EPA is afraid of, these two are saying no to cap and trade but they are reproposing the cap and trade bill.

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