The whole “cap and trade” system benefits those who are unproductive. It’s a big fake cash cow for the people that are managing the system. It essentially creates a business out of nowhere and those costs are then pushed down onto consumer.
It will definitely destroy any business that actually tries to produce something of substance in California.
But I agree—cap-and-trade is a “business” created from nothing. It’s not a surprise to find Michael Milken and his cronies behind it’s creation.