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Permalink Reply by Bill Shaefer on July 29, 2009 at 7:30

What's so interesting about cap and trade is that its a next step growth of the same system we used to mostly eradicate the acid rain problem a few years back. The emission credits program, as cap and trade was called then, was started by none other that George Bush the elder. And, even though businesses (mostly public utilities) said it would ruin them, it worked. It cost a few billion a year but probably saved 10 times that much from not polluting the atmosphere. You could probably say the same thing about unleade gasolene and the catalytic converter.

Cap and trade is a more ambitious program to be sure, but I don't understand why people think that American business is not innovative and smart enough to adapt to it and eventually learn how to make a profit on it. Are we just not as smart as we used to be? I wonder.

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Permalink Reply by Terry L. Antee on July 29, 2009 at 7:39

Bill the point is man is not causing global warming, we did cause acid rain. 10,000 year ago was the ice age wooly mam's and all that, it has been warming ever sense, there were no cars and not that many people back then. If you look at history there have been many times when it was ice ages or tropical climates and man was not the cause of them. Global warming is a good thing if we had and some scientist beleave we are going into a cooling period that would be a lot worse.

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Permalink Reply by Bill Shaefer on July 29, 2009 at 9:07

If you're right about global warming then I agree that CO2 cap and trade is an unnecessary expense. A lot of people think global warming is a problem that has to be fixed. Honestly, I don't know who is right and at the end of the day I won't be around when the question is finally answered but until then, I tend to agree with the scientists who say it is a problem. I look at the dwindling icebergs, the new sea lanes in the Artic Ocean etc., which make me think it is getting warmer, but I will concede these may be just part of a cycle. I did read the other day that the Exxon's CEO kinda sorta agreed with global warming but he wants carbon credits rather than cap and trade. What do you make of that?

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Permalink Reply by Checkmateking on July 29, 2009 at 9:09

Thousands of scientists including EPA experts and world renowned climatologists do not think it is a problem, which scientists do you believe? While the arctic ice has receded the antarctic caps have increased over 37% in size since 1981, you will never hear this mentioned by anthro supporters, they only bring up the arctic. Record cooling has occured this summer throughout North America and hundreds of record low temperatures have been shattered.

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