I can't help that this video is a bit disingenuous. It portrays all cap & trade strategies as some kind of plot by bankers and "big business" rather than a serious proposal. It reasonably points some potential problems in a poorly planned and regulated cap & trade scheme and then uses this as a straw-man to claim that it is not possible that any cap & trade scheme could be a viable part of carbon emissions reductions. Also the alternatives it suggests are not mutually exclusive either. I think there are serious concerns about many of the cap & trade schemes being proposed but I don't feel this video clip deals with them in a very balanced way.
I can't help that this video is a bit disingenuous. It portrays all cap & trade strategies as some kind of plot by bankers and "big business" rather than a serious proposal. It reasonably points some potential problems in a poorly planned and regulated cap & trade scheme and then uses this as a straw-man to claim that it is not possible that any cap & trade scheme could be a viable part of carbon emissions reductions. Also the alternatives it suggests are not mutually exclusive either. I think there are serious concerns about many of the cap & trade schemes being proposed but I don't feel this video clip deals with them in a very balanced way.