Carbon caps - who gets the cash? Pt3

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Uploaded by on Feb 10, 2010

James Boyce: Offsets turn the cap into a sieve and trading in permits creates a speculators market

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  • excellent journalism.. keep them coming.

  • Sure, we are polluting the environ and raping the soil, Those many issues and problems each have their own solution witch must be addressed accordingly...This Blanket solution it not going to do a god damned thing but make people RICH AND YOU KNOW IT

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All Comments (35)

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  • @educution "in my estimates cap and trade will only serve the interests of megacorporations." Couldn't have agreed more. This also means that us normal people will get the short end of the stick,

  • @Xenthoid in my estimates cap and trade will only serve the interests of megacorporations. they can handle the hit, especially if they have divested capital in green and not-so green schemes, which many have (bp, chevron). Smaller businesses will fail, only to be bought up by the corporations extra pocket money from hiked up food and energy prices. Meanwhiles pollution continues, nuclear gets out of jail free, and there is no incentive for preservation of old forest (non-treefarm).

  • @educution So if markets destroy everything, what about what the interviewee mentioned about cap and trade. You know, the trade part that requires a market.

  • Wow! This entire Cap and Trade scheme is a vast plan to control the US economy and rediistribute huge wealth from one segment to another. This level of Socialist planning would make Marx, Lenin, & Stalin beam with pride.

  • I really hope I can see this stuff on TV someday :)

    keep it up TRNN

  • It shouldn't have pushed it off the table and as it did we're trying to put it right back on...

    You think every time the money's bad (every 10 years or so) we should stop doing whatever we're doing to take care of the money first?

    I'm sure your answer is YES and that's just sad...

  • Ok this actually looks good. Major advantage is that it looks like a feasible bill...

    I just hope that the prices will get higher and higher through time till it's cheaper to buy an electric car than a fuel one.

  • Almost a good point....I find it hard to swallow 2.2 trillion a year being spent on our "black" budget alone with nothing to show for it but a black plane and a new quagmire ("war") every few years against peasants in foreign god forsaken lands...Look, what im trying to say here is that its not a "how do we raise fund" issue...the money to "save" the world has always been there...in the wrong hands

  • The casino nanny state is learning to march lock step.

  • Best interview in a while

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