{"id":10480,"date":"2010-03-02T05:09:59","date_gmt":"2010-03-02T05:09:59","guid":{"rendered":"http:\/\/euvolution.com\/futurist-transhuman-news-blog\/out-of-the-cap-and-trade-frying-pan\/"},"modified":"2010-03-02T05:09:59","modified_gmt":"2010-03-02T05:09:59","slug":"out-of-the-cap-and-trade-frying-pan","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/libertarianism\/out-of-the-cap-and-trade-frying-pan.php","title":{"rendered":"Out of the Cap-and-Trade Frying Pan, &#8230;"},"content":{"rendered":"<blockquote><p>Three key senators are engaged in a radical behind-the-scenes overhaul of climate legislation, preparing to jettison the broad \"cap-and-trade\" approach that has defined the legislative debate for close to a decade. ...<\/p><p>Sen. Lindsey O. Graham (R-S.C.) ... ,&nbsp;Sens. John F. Kerry (D-Mass.) and Joseph I. Lieberman (I-Conn.) ... plan to introduce legislation next month that would apply different carbon controls to individual sectors of the economy instead of setting a national target.<\/p><\/blockquote><p>It is hard to imagine a worse policy than the Cap-and-Trade program being kicked around Congress, but this new proposal fits the bill.&nbsp; <\/p><p>For all its problems, CAT at least allows markets to price the permits, which means economic considerations determine who emits more or less carbon (given the number of permits).<\/p><p>The command-and-control system being suggested by Graham <em>et al.<\/em> means politics, not costs and benefits, will determine who&nbsp;gets to emit carbon.&nbsp;&nbsp;Another victory for crony capitalism.<\/p><div><img loading=\"lazy\" decoding=\"async\" width=\"1\" height=\"1\" src=\"http:\/\/euvolution.com\/futurist-transhuman-news-blog\/wp-content\/plugins\/wp-o-matic\/cache\/581aa_6379328854053402400-5280783343954573161?l=jeffreymiron.blogspot.com\" alt=\"\" style=\"padding-left:10px; padding-right: 10px;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Three key senators are engaged in a radical behind-the-scenes overhaul of climate legislation, preparing to jettison the broad \"cap-and-trade\" approach that has defined the legislative debate for close to a decade. ...Sen. Lindsey O. Graham (R-S.C.) ... ,&nbsp;Sens. John F. &hellip; <a href=\"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/libertarianism\/out-of-the-cap-and-trade-frying-pan.php\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-10480","post","type-post","status-publish","format-standard","hentry","category-libertarianism"],"modified_by":null,"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/10480"}],"collection":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/comments?post=10480"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/10480\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/media?parent=10480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/categories?post=10480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/tags?post=10480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}