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 Stories About: Barack Obama AND carbon trading AND climate AND climate change mitigation AND economy AND elections AND Hillary Clinton AND politics AND presidential race 08
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Author |
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Moving money in the economy
More on climate policy in the Dem debate |
David Roberts |
06 Jan 2008 |
Gristmill |
| Responding to some of the comments on Dot Earth: Obama is right that a cap-and-trade program with 100 percent auctioned permits would be the functional equivalent of a carbon tax. Yes that does, in Richardson's rather daft phrase, "take money out of the economy," in the sense that any tax does. Happily, the other half of Obama's plan is to plow the money right back into the economy, reducing the financial hit on the working class, supporting renewable energ ... |
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| Topics: Barack Obama, carbon trading, climate, climate change mitigation, economy, elections, Hillary Clinton, politics, presidential race 08 (all these topics) |
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