Cap-and-trade does more harm than good
Bill offers incentives for businesses that pollute.
Jun. 24, 2009 // Philadelphia Inquirer.
By Laurie Williams and Allan Zabel
We would support legislation in Congress to address climate change if it were capable of accomplishing that goal. Unfortunately, despite the best intentions of its proponents, the bill known as Waxman-Markey would disable our ability to reduce greenhouse-gas emissions for at least a decade, hugely increasing the risk of irreversible climate calamity.