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You do realize that Cap & Trade is effectively a voluntary tax, right? If a corporation chooses to exceed their cap, they pay the tax, whereas they can avoid the tax by being more environmentally responsible. Those companie that choose to be more environmentally responsible should actually make money off Cap & Trade....
Hey, you might even think of Cap & Trade as a tax cut for green companies.. Does that make it more appealing?
That would only work if you could ban them from taking the industry overseas so they can avoid the expensive upgrades.
You do realize that Cap & Trade is effectively a voluntary tax, right? If a corporation chooses to exceed their cap, they pay the tax, whereas they can avoid the tax by being more environmentally responsible. Those companie that choose to be more environmentally responsible should actually make money off Cap & Trade....
Hey, you might even think of Cap & Trade as a tax cut for green companies.. Does that make it more appealing?

That would only work if you could ban them from taking the industry overseas so they can avoid the expensive upgrades.