The nuts and bolts of cap and trade

The purpose of cap and trade (C&T) legislation is to reduce Americans' consumption of fossil fuels — coal, oil, and natural gas — and to speed up the transition to alternate forms of energy, such as wind and solar power. The "cap" part would be a legislated limit to the quantity of carbon dioxide that Americans would be permitted to put into the atmosphere from the burning of fossil fuels. The government would then issue permits that it would sell or give (details are being worked out) to businesses who could then either emit CO2 up to the amount stipulated in their permit, or, if they can curb CO2 emissions below that amount, could sell or "trade" the permit to the highest bidder in the after-market. Read full story


Pray that President Obama doesn't allow those concerned about the environment to create a form of idolatry, where more time, energy, and legislation to protect the planet are more important than God and man created in His image.

Romans 1:25 "They exchanged the truth of God for a lie, and worshiped and served created things rather than the Creator—who is forever praised. Amen."

0 comments:

Post a Comment