The President’s idea about cap and trade is a horrible one.
The Cliff’s Notes version of it is:
1. The want set an amount of carbon in which a company can use.
2. If a company uses too much then they will have to pay a tax.
3. If it does not then it will be allowed to sell is extra credits to companies that do.
It does not matter which companies do or do not overshoot their credits, the company will pass the tax onto the customers.
There are certain companies (GE) that want this because they have bought into the hoax that is global warming.
They keep moving the bar by “re-branding” it as climate change.
The fact of the matter is that the companies that buy into this manure are the companies that are going to hurt their board members and stock holders.
The Cliff’s Notes version of it is:
1. The want set an amount of carbon in which a company can use.
2. If a company uses too much then they will have to pay a tax.
3. If it does not then it will be allowed to sell is extra credits to companies that do.
It does not matter which companies do or do not overshoot their credits, the company will pass the tax onto the customers.
There are certain companies (GE) that want this because they have bought into the hoax that is global warming.
They keep moving the bar by “re-branding” it as climate change.
The fact of the matter is that the companies that buy into this manure are the companies that are going to hurt their board members and stock holders.
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