Cap, Auction, and Trade: Auctions and Revenue Recycling Under Carbon Cap and Trade – Select Committee on Energy Independence and Global Warming – 2008-01-23 – Going Once, Going Twice . . . Select Committee to Examine Auction System in Climate Cap-and-Trade Bill. On Wednesday, January 23rd 2008, Chairman Edward Markey (D-Mass.) and the Select Committee on Energy Independence and Global Warming held a hearing entitled “Cap, Auction, and Trade: Auctions and Revenue Recycling Under Carbon Cap and Trade.” This hearing examined the potential role of auctioning tradable pollution allowances under a cap-and-trade system to reduce global warming pollution, instead of giving them away for free to polluters – and potential uses for the tens of billions of dollars that could be generated through such auctions. PANEL: Hon. Ian Bowles, Secretary of Energy and Environmental Affairs, Commonwealth of Massachusetts; Peter Zapfel, Coordinator for Carbon Markets and Energy Policy, European Commission – Environment Directorate General; Dallas Burtraw, Senior Fellow, Resources for the Future; John Podesta, President and Chief Executive Officer, Center for American Progress; Robert Greenstein, Executive Director, Center on Budget Policies and Priorities. Video provided by the US House of Representatives.
Video Rating: 3 / 5
3 Responses
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heey094 Says:
who actually watch this? xP
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vechorik Says:
If we followed the US Constitution, “equal protection” would mean something. But the unelected fourth branch of government — the immense, unaccountable federal bureaucracies — like the EPA, doesn’t give a damn what you, congress, nor I think — what’s fair — or whether the Constitution authorizes its existence. Which is something to think about long and hard in 2012. It’s all about money. You want the EPA deciding where America’s money goes? EPA fees/fines are taxation without representation.
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vechorik Says:
Do you think you’re going to have an “equal world” with the cap and trade? Check out this video on YouTube about immigration and the world poor: “Immigration by the Numbers — Off the Charts” Watch it and let me know what you think.
