The cap-and-trade plan is more market driven than anything else. If you want to discourage carbon use, you have to make it more expensive, but what is crucial is that this be a worldwide program that includes China and India.— Phil Gramm
The cap-and-trade plan is more market driven than anything else. If you want to discourage carbon use, you have to make it more expensive, but what is crucial is that this be a worldwide program that includes China and India.