Denrael

I was involved in a discussion last night about Cap and Trade. Perhaps the most entertaining aspect of it was that no one seemed to be concerned about pesky items like the facts regarding what ‘cap and trade’ is. Over the course of the discussion, I heard  explanations ranging from “it saves our planet” (not sure how, but they were sure it did), to “it is our trade policy  with China” to “it’s why Al is getting rich”.

So, I set out today to find a good explanation for the common man as to just what “cap and trade” is. The best explanation comes from Planet Green. I grant they have an agenda, and are for it, but they still provide a pretty good layman’s explanation.

Cap and Trade - The Short Attention Span Version

The impact of Cap and Trade is still under heavy debate, in most cases by people who also don’t like to be confused by those pesky facts. Here is the best link I’ve found to the dangers of Cap and Trade. It comes from the Wall Street Journal.

Understanding the Dangers of Cap and Trade

So there it is. In the interests of full disclosure, I am against Cap and Trade as it is currently structured. That being said, if you have other views or interesting articles regarding the debate, leave them in the comments. Regardless of your position, if we all understand the facts, it makes the debate more interesting.