Montague, Peter
August 2008
Rachel's Democracy & Health News;8/28/2008, Issue 974, p1
The article discusses the issues surrounding the cap and trade system, a plan to limit carbon dioxide emissions by selling or giving pollution permits to big polluters in the U.S. in 2008. However, the Congress is considering the system to include with a provision called offsets, which would create loopholes and opportunities for scams. The article resolves that cap and trade with offsets has the potential to become one of the largest business scams ever conceived.


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