The American Spectator : Don't Forget Cap and Trade

The American Spectator : Don't Forget Cap and Trade:

Amid the public outrage surrounding health care reform, another issue of equal importance for the average American has been nearly forgotten: the upcoming Senate debate on the Waxman-Markey 'cap and trade' bill. This bill attempts to 'cap' -- that is cut -- U.S. emissions of greenhouse gases by forcing all energy producers to pay for expensive emissions permits, which can be traded on the basis of need and cost. The idea is that making fossil fuel-based energy less affordable create incentives for investment in low-carbon energy supplies, or energy-efficient equipment, that otherwise would be prohibitively expensive."