Opponents of the European model of cap-n-trade system warn this type of corruption would happen. Come on, you didn't think it was about the environment. With the failures of the European cap-n-trade system why would any US politician entertain such a system in America? In an op-ed in the Roanoke Times Paul J. Georgia said it best:
“…Because cap-and-trade is a complex regulatory scheme that hides the true costs of compliance from taxpayers. Politicians can regulate energy use through the hidden tax of cap-and-trade to avoid accountability, creating the perfect cover for vultures like Enron to swoop in and capture the rewards.” ~ Paul J. Georgia
Crooks get gold ring on Europe’s ‘carbon carousel’ | Washington Examiner
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