Since Cap & Trade is already on the table wouldn’t it be beneficial to just get it passed and then try to refine the policy or push Fee & dividend?
• Considerations include the following: • There is a real risk that if ‘Cap and Trade’ is passed, policy-makers will feel that they have done something truly meaningful. That may cause further delay more meaningful policy, namely ‘Fee & Dividend’. • Cap & Trade is full of loopholes and therefore is more likely to not provide meaningful emission reductions in a relevant and timely manner. • Time is of the essence. If we truly wish to avoid severe economic degradation due to latitudinal shift we need an effective policy now. Passing Cap and Trade may easily cause years of delay and those years are reasonably expected to be very costly as indicated by the security and synthesis reports. • Our goal is to influence the political will and direct it towards ‘Fee & Dividend’. • The fossil fuel industry prefers Cap and Trade if any policy is to be passed. This is because it is most advantageous to their profitability. But it is not most advantageous to modern civilization. If we wish to preserv
