Consider the perverse effect cap and trade has on altruistic actions. Say you decide to buy a small, high-efficiency car. That reduces your emissions, but not your country's. Instead it allows somebody else to buy a bigger S.U.V. - because the total emissions are set by the cap.
CO2 is a minor player in the total system, and human CO2 emissions are insignificant compared to total natural greenhouse gas emissions. Therefore, lowering human CO2 emissions will have no measurable effect on climate, and continued CO2 emissions will have little or no effect on future temperature....While controlling CO2 emissions from burning fossil fuels may have some beneficial effects on air quality, it will have no measurable effect on climate, but great detrimental effects on the economy and our standard of living.
[Barack] Obama, for example, he has not given up on cap-and-trade. Now, he has not been able to pass cap-and-trade, but cap-and-trade is all about redistribution of wealth in a global basis - taking money out of this country and giving it to third-world countries on the other end of the ocean. And that is redistribution of wealth in a global basis. It's fundamental Marxism.
I think we can lower our emissions. I think the world will be better off if we did that, and we can do it without cap and trade.
You can't just go out and buy players and make a super team, because it's so hard to do that. The salary cap doesn't allow it. We have a much smaller salary cap than the NBA, and they only have 12 on a roster.
I have advocated an entirely different approach than cap and tax, which would be worldwide in application and which emphasizes technology as a way of reducing total emissions.
You should be attacking the carbon emissions, period, and whether it's cap-and-trade or carbon tax or whatever, that's the realm in which we should be playing.
Internally, when we manage portfolios, we figure out what works in large cap, what works in mid cap, what works in small cap. Generally speaking, large cap stocks want earning stability, strong cash flow, margin expansion.
You don't buy into huge car chases or sensates or interstellar warfare, but you can buy into a loving relationship or a father-son relationship, and you can buy into the small humor. If you want to make your fiction universal, go small. That's the best way to do it.
When I was in Minnesota serving in the state Senate and in Washington, D.C., I did everything I could to defeat cap and trade. I didn't work to implement cap and trade.
When I was in Minnesota serving in the state Senate and in Washington, DC, I did everything I could to defeat cap and trade. I didn't work to implement cap and trade.
A cap on carbon is important because it sets a specific goal for reducing carbon emissions 80% by 2050.
Eventually we'll use a CO2 tax offset by a reduction in taxes elsewhere alongside a cap-and-trade plan, but the degree of difficulty associated with a CO2 tax far exceeds that with a cap-and-trade plan. We're seeing it's hard to get a cap-and-trade plan and it's much easier to use as a basis for a global agreement than a CO2 tax.
The US needs a cap and trade system with auctioning of licenses for emissions rights. The revenues from these auctions can be used to launch a new, environmentally friendly energy policy. That would be yet another federal program that could help us to overcome the stagnation.
If someone wants to do a carbon fee and someone else wants to do a cap on emissions or a renewable portfolio standard, we don't start labeling each other as more or less progressive.
We must reduce the emissions 100 percent. In Venezuela, the emissions are currently insignificant compared to the emissions of the developed countries.
It's like I'm married to the silencer,
Until I file for divorce and release my ex-calibers.
Do art with your arteries, place that for my adversaries,
Put your snap back cap back, cap your capillaries.