Cap and trade?
Now you know why Enron had to die.
Cap and trade?
Now you know why Enron had to die.
Haven’t seen this idea expressed very often, but buying and selling nothing is precisely what spelled the end of enron. What a scheme, cap and trade looks like Enron on steroids. With predictable results, AFTER ENRICHING A FEW NOTED PROMOTERS, AND PARTICIPANTS, and without the penalties some of the Enron folks received. Actually the ones penalized the most were the workers, the pension holders, and the investors, the little guy.