Regional Greenhouse Gas Initiative: point of cap-and-trade is to generate tax revenue and not to reduction carbon dioxide emissions or reduction global warming

The point of cap-and-trade is the tax money

By Institute for Energy Research —— Bio and Archives--June 23, 2011

Global Warming-Energy-Environment | Comments | Back To Full Article

It's not about reducing carbon dioxide emission or reducing global warming. The experience of the Regional Greenhouse Gas Initiative (RGGI) in the northeastern United States shows us once again that the point of cap-and-trade is to generate tax revenue and not to reduction carbon dioxide emissions or reduction global warming.

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