Most things I have read on Cap and Trade have no been so good. We're already fucked in this state, so why not adopt it and make things worse. I bet Al Gore is salivating over the possibilities, especially since he launched the "climate change" b.s. years ago that later showed it was primarily a scam to make money. Crazy how Gore has made over $700 million since leaving politics in 2000 and when that got exposed, you haven't heard much at all from him. Hmm....
Via Weasel Zippers:
California regulators Thursday are expected to adopt the nation’s most comprehensive carbon trading regime, creating a market-based way to lower greenhouse gas emissions at a time when similar efforts have stalled in Congress.
The program is the centerpiece of the state’s 2006 global warming law, which aims to slash carbon dioxide and other planet-heating pollution to 1990 levels by 2020. That would amount to a 15% cut from today’s level.
The cap-and-trade system “will help drive innovation, create more green jobs and clean up our air and environment,” said California Air Resources Board Chairwoman Mary D. Nichols, adding that it “provides flexibility” to industry and takes “into consideration the current economic climate.”