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catchy name for something that would be fine if it worked...
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Posted by shikantaza on 2012-05-01 20:39:25

In Reply to: Cap & Trade = the selling of indulgences. Discuss... posted by nomad on 2012-05-01 19:43:14

I think the question with cap and trade isn't a moral issue: current disparities in emissions can be accounted for by placing different caps on different countries and I don't see anything morally wrong with allowing people to purchase the right to emit more (CO2 being a well mixed gas and all). The question is whether it works once you include all the inevitable offsets for which it's difficult to ensure additionality.

Set up a system that works and I won't have a problem with the trading. I think it would be pretty hypocritical to buy into capitalism and then reject cap and trade as a bad, nasty, evil market.

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