I am going to be looking at Romney’s energy policy with a close eye. This is an area where even a ‘conservative’ could get tripped up and end up giving an issue to the libs, or if he goes RINO on this issue like McCain has, ends up signing up for the bogus ‘cap-n-trade’ idea. IMHO that is even worse than a flat-out carbon tax.
As for Mass. plan, here’s another quote, worried the proposals are just camels nose under the tent ...
Marlo Lewis, a senior fellow at the Competitive Enterprise Institute, says, “All such schemes are Trojan horses for Kyoto-type policies. Credits awarded for ‘early’ reductions are assets that mature and attain full market value only under a mandatory emissions reduction target or ‘cap.’ Consequently, every credit holder acquires an incentive to lobby for emission caps.”
Marlo Lewis, a senior fellow at the Competitive Enterprise Institute, says, "All such schemes are Trojan horses for Kyoto-type policies. Credits awarded for early reductions are assets that mature and attain full market value only under a mandatory emissions reduction target or cap. Consequently, every credit holder acquires an incentive to lobby for emission caps."
Yep.