Comments on: The Fraud at the Core of Cap and Trade http://blog.heritage.org/2008/05/27/the-fraud-at-the-core-of-cap-and-trade/ Fri, 10 Feb 2012 22:29:33 +0000 hourly 1 http://wordpress.org/?v=3.3 By: United Nations Admits Cap And Trade Is A Fraud | Conservative Principles Now http://blog.heritage.org/2008/05/27/the-fraud-at-the-core-of-cap-and-trade/#comment-55828 United Nations Admits Cap And Trade Is A Fraud | Conservative Principles Now Wed, 16 Sep 2009 19:11:04 +0000 http://www.foundry.org/2008/05/27/the-fraud-at-the-core-of-cap-and-trade/#comment-55828 [...] we have noted before, among the many reasons carbon cap and trading is destined to fail is because auditing carbon [...] [...] we have noted before, among the many reasons carbon cap and trading is destined to fail is because auditing carbon [...]

]]> By: United Nations Admits Cap And Trade Is A Fraud « Prayer, News & Action http://blog.heritage.org/2008/05/27/the-fraud-at-the-core-of-cap-and-trade/#comment-55402 United Nations Admits Cap And Trade Is A Fraud « Prayer, News & Action Tue, 15 Sep 2009 03:13:32 +0000 http://www.foundry.org/2008/05/27/the-fraud-at-the-core-of-cap-and-trade/#comment-55402 [...] we have noted before, among the many reasons carbon cap and trading is destined to fail is because auditing carbon [...] [...] we have noted before, among the many reasons carbon cap and trading is destined to fail is because auditing carbon [...]

]]> By: United Nations Admits Cap And Trade Is A Fraud | Old People News http://blog.heritage.org/2008/05/27/the-fraud-at-the-core-of-cap-and-trade/#comment-55399 United Nations Admits Cap And Trade Is A Fraud | Old People News Tue, 15 Sep 2009 03:02:48 +0000 http://www.foundry.org/2008/05/27/the-fraud-at-the-core-of-cap-and-trade/#comment-55399 [...] we have noted before, among the many reasons carbon cap and trading is destined to fail is because auditing carbon [...] [...] we have noted before, among the many reasons carbon cap and trading is destined to fail is because auditing carbon [...]

]]> By: Cap and Trade Act « Public Inquiry Ontario http://blog.heritage.org/2008/05/27/the-fraud-at-the-core-of-cap-and-trade/#comment-53979 Cap and Trade Act « Public Inquiry Ontario Mon, 07 Sep 2009 18:49:16 +0000 http://www.foundry.org/2008/05/27/the-fraud-at-the-core-of-cap-and-trade/#comment-53979 [...] The Fraud at the Core of Cap and Trade [...] [...] The Fraud at the Core of Cap and Trade [...]

]]> By: Cap and Trade: Organized Crime’s Best Friend | Conservative Principles Now http://blog.heritage.org/2008/05/27/the-fraud-at-the-core-of-cap-and-trade/#comment-50145 Cap and Trade: Organized Crime’s Best Friend | Conservative Principles Now Thu, 20 Aug 2009 23:29:47 +0000 http://www.foundry.org/2008/05/27/the-fraud-at-the-core-of-cap-and-trade/#comment-50145 [...] The Fraud at the Core of Cap and Trade [...] [...] The Fraud at the Core of Cap and Trade [...]

]]> By: Jason Gault, Ortonvi http://blog.heritage.org/2008/05/27/the-fraud-at-the-core-of-cap-and-trade/#comment-25988 Jason Gault, Ortonvi Tue, 07 Apr 2009 09:48:21 +0000 http://www.foundry.org/2008/05/27/the-fraud-at-the-core-of-cap-and-trade/#comment-25988 Patrick - If you had a cap-and-trade system without offsets, wouldn't it be more accurately characterized simply as a "cap" system? In turn with that line of thinking, what makes the cap (emission allowances) any less arbitrary than the baseline (emission reductions)? Are they still not figures that are arrived at by a governing board not connected with the industry? And is this not line of inquiry relatively moot since the cap-and-trade system proposed does in fact contain offsets? Patrick –

If you had a cap-and-trade system without offsets, wouldn't it be more accurately characterized simply as a "cap" system? In turn with that line of thinking, what makes the cap (emission allowances) any less arbitrary than the baseline (emission reductions)? Are they still not figures that are arrived at by a governing board not connected with the industry? And is this not line of inquiry relatively moot since the cap-and-trade system proposed does in fact contain offsets?

]]> By: Patrick McCully, Cal http://blog.heritage.org/2008/05/27/the-fraud-at-the-core-of-cap-and-trade/#comment-642 Patrick McCully, Cal Wed, 28 May 2008 14:25:51 +0000 http://www.foundry.org/2008/05/27/the-fraud-at-the-core-of-cap-and-trade/#comment-642 As the author of the essay which sparked John Vidal to write his news story I'd like to add a couple of comments. First, this blog entry seems to confuse cap-and-trade and baseline-and-offset/credit trading (the CDM is of the latter type). Baseline-and-offset systems are inherently prone to gaming because they are based on a non-existent commodity ("emission reductions"). Cap-and-trade systems are based on allowances, not credits, and are based on an actual physical reality (i.e. emisisons). Allowing baseline-and-offset credits/offsets into cap-and-trade systems is a very bad idea, but it is not an inherent problem of cap-and-trade. It would be very easy to have cap-and-trade without offsets - something which no doubt the Heritage Foundation, with its apparent concern for the effectiveness of action on global warming, will push for. Patrick McCully Executive Director International Rivers As the author of the essay which sparked John Vidal to write his news story I'd like to add a couple of comments. First, this blog entry seems to confuse cap-and-trade and baseline-and-offset/credit trading (the CDM is of the latter type). Baseline-and-offset systems are inherently prone to gaming because they are based on a non-existent commodity ("emission reductions"). Cap-and-trade systems are based on allowances, not credits, and are based on an actual physical reality (i.e. emisisons). Allowing baseline-and-offset credits/offsets into cap-and-trade systems is a very bad idea, but it is not an inherent problem of cap-and-trade. It would be very easy to have cap-and-trade without offsets – something which no doubt the Heritage Foundation, with its apparent concern for the effectiveness of action on global warming, will push for.

Patrick McCully

Executive Director

International Rivers

]]> By: Richard, Texas http://blog.heritage.org/2008/05/27/the-fraud-at-the-core-of-cap-and-trade/#comment-631 Richard, Texas Tue, 27 May 2008 17:51:20 +0000 http://www.foundry.org/2008/05/27/the-fraud-at-the-core-of-cap-and-trade/#comment-631 How can big money be made/spent on a non-existing commodity How can big money be made/spent on a non-existing commodity

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