Category: Warming Skeptics
Written by: admin on Nov 11, 2008 15:40
Comments: None
Tags: carbon emissions, emissions, oil
“Cap-and-cash-back” — A new Ponzi scheme?
Came across this in-depth analysis on Reuters for President-elect Obama to consider. It’s a new twist on the cap and trade scheme for carbon emissions. It’s called “cap-and-dividends” or “cap-and-cash-back.”
First, government puts a cap on carbon emissions from the “small number of companies that bring carbon into the…
