Is McCain Dumping Cap-and-Trade?

McCain Misfires...

McCain's reversal on cap and trade would certainly be short-sighted, particularly given the success of our successful SO2 policy which reduced the impact of acid rain last the 15 years...and at neglible cost to the economy. People were up in arms then too.

Folks don't get it...cap and trade allows for open market pricing which helps businesses evaluate the economic costs AND dividends of managing their emissions. Simply, enterprises which reduce their emissions BELOW their limits will be paid for their surpluses....WHAT IS WRONG WITH THAT?

Not only are they reducing their carbon footprints but they can make money too? What are opponents to cap and trade thinking?

ALSO, if we agree to trade carbon credits intenationally we can literally export and increase our trade surplus while creating more jobs at home...the U.S. is a leader in technology when it wants to be and should get on this early before the world figures this opportunity out...whether the U.S. is on board with climate change is secondary, the rest of the world is buying into this and spending biig money to get into compliance.

Kevin Duffy-Acevedo of @ Jul 11, 2008 10:27:34 AM