Tag-Archive for ◊ cap and trade ◊

Author: RWHill
• Wednesday, January 27th, 2010

Tonight when President Obama delivers his State of the Union Address, here is something else he should do: challenge Republicans to work with him on cap and trade.

Some sort of carbon legislation is going to happen eventually. So the choice Republicans face is: do we want a cap and trade system or a carbon tax? A carbon tax would most likely come in the form of a dramatic increase in the cost of fuel at the gas pump. Conservatives won’t support that. Instead, a cap and trade system would provide a marketplace where carbon credits are bought and sold.

President Obama should call out Republicans on this issue and encourage them to work with him to create a carbon-trading system that will help our economy and our environment.