Cap-and-trade was thought of in academic circles as a good idea decades ago but even the two students who devised the original concept. which politicians today have implemented, no longer believe in their original theories.
A University of Wisconsin graduate student in the 1960s had a novel idea to cap pollutants. Today Thomas Crocker says he is skeptical that cap-and-trade is the most effective way to regulate carbon emissions.
It appears to me that the purpose of the bill is primarily to raise taxes across the board and give Washington more power to control our entire industrial output.
Cap-and-trade also has created an industry that has become very profitable for those promoting its faulty science.
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