RGGI: A Faulty Model for “Successful” Cap-and-Trade
Electricity from existing coal is nearly 3 times more affordable than electricity from new wind turbines and almost half as expensive as electricity from new natural gas plants
By Institute for Energy Research —— Bio and Archives--December 16, 2015
Global Warming-Energy-Environment | Comments | Back To Full Article
Back in 2010, President Obama admitted that Congress and the American people had rejected a cap-and-trade program but that there were more ways of “skinning a cat” and his Administration would accomplish the same objective by another method. Now, the Obama Administration has proposed a model federal cap-and-trade plan as a component of the U.S. Environmental Protection Agency’s (EPA) regulation on carbon dioxide (CO2) emissions from power plants (the so-called “Clean Power Plan”). EPA’s carbon rule is the president’s attempt to pass national cap-and-trade through the back door.
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