Tuesday, September 15, 2009
Treasury Says Cap-and-trade is a Big Old Tax [Chris Horner]
As documents — provided to me in a Friday, September 11, Freedom-of-Information-Act document dump — reveal, also noted by the Washington Times here.
Other gems not noted in that story include the admission that cap-and-trade would cause the loss of steel, paper, aluminum, chemical, and cement manufacturing jobs which, as happened under Europe's scheme, tend to export themselves to saner environments. Windfall profits under the scheme of allocating the ration coupons, the Waxman-Markey approach, are also admitted to.
In short, a candid snapshot of what they're admitting to each other, while telling you a, ah, different story — to your face.
09/15 09:00 AM
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