re: #183 TheMatrix31

it’s dangerous when 85% of the credits that were SUPPOSED to be auctioned were given away.

I’m not so familiar with this part…but I think he’s referring to the carbon offset market, which is basically a tax for any company that exceeds some emissions quota. I think companies are supposed to be able to trade credits if one is over and one is under…

this bill was not strong ENOUGH.

Sounds a little like he thinks the United States should give up fossil fuels cold turkey (even though we have significant natural gas reserves).

Also worth noting that there are some railways in the Midwest who might actually benefit from this, since they’ve seen a significant spike in ethanol production. I’m not sure where exactly cap and trade comes down vis a vis ethanol, but if there are provisions in favor of increased ethanol production, than that should be proof to even the most dense 0bama cheerleader that this is about squeezing more money form the taxpayers and businesses, since burning ethanol produces carbon just like gasoline diesel or jet fuel……