IER Economist Robert Murphy Discussing Cap and Trade on FOX Business News

Robert Murphy discussing cap and trade on the day it was being voted on in the House. Learn more about cap and trade with these links from IER:

Enron Accounting: CBO and EPA Cooked the Books on Cost Estimates for Waxman-Markey Energy Tax: http://tinyurl.com/lesctu

Winners and Losers in the Waxman-Markey Stealth Tax: http://tinyurl.com/pgckwj

Cap and Trade is Not a Market Solution: http://tinyurl.com/6f25dr

Category:

Nonprofits & Activism

Tags:

• cap and trade
• energy
• waxman markey
• robert murphy
• economics

[whoo689]

@whoo689 The difference between cap-and-trade and an ACTUAL tax is the MARKET part of the program! Surely big businesses with LOTS of profits and revenue can afford to reduce their emissions, if even by a little bit, and then SELL some of the credits to smaller companies that can't reduce their emissions.

DUH! Why do you pretend like this is totally fixed, and the companies can make ZERO adjustments to deal with the costs? THAT'S THE POINT OF CAP-AND-TRADE!!

[whoo689]

@whoo689 Yes... I'm sure the dozens, if not HUNDREDS, of economists, Republican politicians, etc. who were VERY MUCH FOR the SO2 cap-and-trade program that was, by just about every measure, WILDLY successful and cost-effective in reducing sulfur dioxide emissions, "isn't a market-based program." Then WHAT IS a market-based way to fight emissions, Robert? What do you propose??

Tell George H. W. Bush that it's "not a market-based program." Tell that to Clinton as well. *cough* bullshit *cough

[whoo689]

Repeating the insidious lie that cap and trade is somehow an "energy tax" doesn't make it so.

[tecmason]

Wow never seen this video before. Go Bob!