Cap-and-Tax a Bad Idea
NASA's Jim Hansen has a better plan than cap-and-trade.
The Obama Adminstration and its allies in Congress think that cap-and-trade will help us transition towards clean energy and conservation by making fossil fuels more expensive.
They’re right about the second part — oil and coal will become more expensive under this scheme.
But NASA climate scientist Jim Hansen,who’s become an outspoken policy advocate, says that what he calls cap-and-tax won’t help get the economy off of fossil fuels.
Tags: cap-and-trade, climate change, Jim Hansen, peak oil
Public Policy | Erik Curren January 13, 2010 | 
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