Word: caps
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Dates: during 2000-2009
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Culture warriors and security hawks squabbled, but they united on one man: President Barack H. Obama. Posters slammed him on every issue. Cap and trade? “Crap and trade.” Auto bailouts? “Bail yourself out.” Universal healthcare? “Don’t kill grandma!” A few signs were brutal: “Somewhere in Kenya, a village is missing their idiot.” But most people were more measured—or at least less partisan. For instance, Joe Markley, a former State Senator...
...platform issues now are universal health care and your favorite issue, energy, his global-warming plan. What do you think of his positions on both? His cap-and-trade agenda is a cap-and-tax agenda, and it's going to drive the cost of consumer goods and the cost of energy so extremely high that our nation is going to start exporting even more jobs to China and to other countries that do not have the corporate tax or the equivalent of the corporate tax that the cap-and-trade - I call it cap-and-tax - agenda is going...
...would you like to get in on the action? National cap and trade may be reserved for the big players, but U.S. carbon emissions are made up of a billion individual decisions - including yours - every day: how much we drive, how much electricity we use, what we eat. Now a new website called My Emissions Exchange promises to bring the carbon market to your front yard. If you can drastically reduce the electricity you use in your home, the site will certify your personal emissions reductions and then broker those credits to companies looking to burnish their green reputations...
Reilly and Herrgesell acknowledge that the site is still in its early stages and will need refinement. Over the next two years, they're hoping to get at least 1 million members and establish the site as a clearinghouse for information on energy efficiency. The future of cap and trade will be decided in Congress, not on the Internet - but My Emissions Exchange does give a little power to the people, and that's not a bad thing. "We're realistic about the challenges ahead of us," says Herrgesell. "But I think we can make this market work...
...pathway for future emissions reductions. Suppose, for example, we wanted to hit a global emissions target of 30 billion metric tons of CO2 in 2030, or about a 30% cut from the business-as-usual forecast of 42 billion metric tons. That would translate to a global individual emissions cap of 10.8 metric tons of CO2, which 1.13 billion people - less than 15% of the global population in 2030 - would exceed. Emissions-reduction efforts would focus on the well-off people above the cap, whatever country they live in. That lets the global poor continue to use cheap fossil fuels...