Redstate points to a ludicrous idea from "do-gooders."
Here's the premise: Britain and other countries are thinking about mandating emissions-trading programs for business. But, says Miliband, individuals -- not business -- account for almost half of all of Britain's emissions through their use of planes, trains, automobiles, electricity, various heating fuels -- and, presumably, belching and exhaling. "Imagine a country," says Miliband, "Where carbon becomes a new currency."
All I can imagine is an economy where the government gives people these credits. Controlling "capital" as it were.
Sounds like a recipe for a disaster.
Posted by AlexC at July 22, 2006 2:32 PM
And to think that Silence chastised us for suggesting that exhaling might be made illegal. Under this proposed plan (only in Britain for now, thank NED) a little girl could only blow on dandelions if she had enough government coupons.