Wow! Talk about stupidity in high gear! We sure don’t need more taxes, especially at this time in history. Nor do we need any transition to “green energy” which can only serve to make a bad situation worse. I don’t know who the Council of Economic Advisers consists of, but they need to find a whole new group of folks who have their heads on straight. As far as a cap & trade system on emissions, it’s been my understanding that we already have the lowest emissions in the world here in the U.S. This is the stupidest bit of information I’ve read in a long time. A smart grade schooler could show more intelligence than this article does.
Our emissions have dropped more than any other country since 2005. The comparison by total is kind of useless, we are higher because we have a big country. It's also useless to make per capita comparisons without comparing productivity. We produce a lot more (measured in $) per ton of CO2 than most countries, and we are about twice as efficient as China.