Climate change catastrophists will say that these programmes are to save the planet from global warming. But as with all things related to the climate change agenda, it has nothing to do with climate change and everything to do with money and control.
Carbon taxes and cap-and-invest systems have much in common. Both are market-based policies to make “carbon emitters” pay for their “emissions.”
Using climate change jargon: Cap-and-Invest is a tool designed to reduce greenhouse gas emissions by setting a declining cap on total emissions from covered sources, such as large industrial facilities, fuel distributors and utilities. Each covered entity must hold an allowance for every tonne of emissions it produces, with the total number of allowances equal to the annual emissions cap, which decreases over time to achieve long-term climate goals. This system creates a financial incentive for businesses to reduce emissions, as they can either cut their own pollution or purchase allowances from others, with the price of allowances determined by supply and demand....<<<Read More>>>...