Tuesday, August 18, 2009
I have repeatedly argued that – no wonder what you think about climate change – carbon trading (a type of cap-and-trade scheme) is a scam.
Now, according to the Wall Street Journal, the economists who invented the entire cap-and-trade concept say it probably won’t work in regards to climate change.
Whatever you think about global warming, carbon trading is a scam which will only create a new profit-making machine and speculative bubble for Goldman Sachs, JP Morgan and the rest of the boys who caused the financial crisis.
This article was posted: Tuesday, August 18, 2009 at 4:07 am