Vanilla is a product of Lussumo:Documentation and Support.
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Furthermore, pretty much everywhere cap and trade has been proposed, the revenue raised by the government is used to cut taxes on the poor or otherwise compensate them for the higher prices. So if the average increase in costs is $100 a year, people on average wages or less with be compensated by,say, $150.
Well then let's abolish all corporate taxes and repalce them with higher taxes on individuals.It'll make absolutely no difference, right?
Companies will have more money to grow, expand and hire
PSA Sends Letter to Congress on Climate Change and Energy TradingEPSA Sends Letter to Congress on Climate Change and Energy TradingWASHINGTON, D.C. - The Electric Power Supply Association (EPSA) this week sent a letter to Senate Committee on Environment and Public Works Chairman Barbara Boxer (D-CA) supporting passage of a cap-and-trade bill to regulate greenhouse gas emissions (GHG) consistent with EPSA's previously released policy principles.Commenting on the letter EPSA President and CEO, John E. Shelk, said "EPSA is proud to have been the first national multi-fuel electricity trade association in January 2007 to support federal legislation to reduce GHG emissions and we look forward to continuing to work with Congress on this historic legislation. EPSA believes that a market-based approach to GHG regulation provides the best opportunity for innovation and lowest reasonable costs to consumers over the long-term. Inclusion of our guidelines for allocations to LDCs as well as allowances to merchant coal generators and merchant generators under long-term contracts are necessary to ensure an efficient transition to a lower-carbon economy."
I know there's the popular notion the CEOs are evil greedy bastards, but those guys don't last in the long haul.