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Born at the Crest of the Empire

Wednesday, September 30, 2009

Notice....

The EPA is suddenly talking about their possible actions to curb carbon emissions just to break the logjam of Senators negotiating for their large donors.

The EPA is not going to step in. This is just a threat. Large industrial donors don't want anything to do with EPA regulation, and nothing presses obstinate Senators faster than calls from nervous large donors.

(PS. I've always had corruption concerns over cap and trade as a solution. The formula that will be set by the legislation will effectively dole out "trade" advantages to entire industries. I mean, if you get a relatively high "cap" that's just cash in your pocket determined through legislation.)

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