Fake Environmentalism

If you think it's important to cut carbon emissions then you tax carbon. But blackboard "free market" ideologues have come up with an ingenious system of cap and trade that, if implemented, will create a multi-trillion dollar market for non-transparent carbonized financial products. To understand just how unworkable such a scheme is, it's only necessary to know that the Democrats rammed a 1,300 page bill through the U.S. House of Representatives (sic) in the dead of night, with little debate. Not one single member of Congress — I guarantee you — can explain how cap and trade will work in practice. But if you think credit default swaps are a good idea then you're going to love cap and trade.