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Cap and Trade Isn't Dead, But the Term Might Be

As Brian Merchant at Treehugger explains, cap and trade isn't dead, despite reports in the media: I consider the New York Times to be the paper...


As Brian Merchant at Treehugger explains, cap and trade isn't dead, despite reports in the media:
I consider the New York Times to be the paper of record in the United States, as many people do. But its coverage of climate issues in particular has been frustrating lately. For evidence, look no further than this recent piece: Tracing the Demise of Cap and Trade, which purports to explain how what was just a year ago the Democrat's "energy policy of choice", is now dead. But the story leaves out one little detail: it's not. ...Yes, the economy-wide mechanism designed to price carbon across the board, like the one included as the centerpiece of the climate bill that passed the House of Reps last summer, seems increasingly unlikely to be a part of the new Senate bill. But according to details that have leaked out about that very bill (Kerry-Graham-Lieberman) reveal that it's simply made up of smaller, industry-specific cap and trade systems. One that requires utilities to pay for carbon pollution permits from the get go, and one that will likely target the manufacturing sector and be phased in later.
I think what's happened here is that, while the fundamental idea of a market-driven pollution permit system is still popular, no one really likes the term "cap and trade." The Times just mistook the death of the label for the death of the policy it describes.Image: IMG_0880, a Creative Commons Attribution (2.0) image from 30816202@N02's photostream
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via Library of Congress

In the months after the Japanese bombed Pearl Harbor in 1941, President Franklin D. Roosevelt authorized the military to move Japanese-Americans into internment camps to defend the West Coats from spies.

From 1942 to 1946, an estimated 120,000 Japanese Americans, of which a vast majority were second- and third-generation citizens, were taken in their homes and forced to live in camps surrounded by armed military and barbed wire.

After the war, the decision was seen as a cruel act of racist paranoia by the American government against its own citizens.

The interment caused most of the Japanese-Americans to lose their money and homes.

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via Michael Belanger / Flickr

The head of the 1,100-member Federal Judges Association on Monday called an emergency meeting amid concerns over President Donald Trump and Attorney General William Barr's use of the power of the Justice Department for political purposes, such as protecting a long-time friend and confidant of the president.

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Even more elusive is what life is like in one of North Korea's notorious prison camps. It's been reported that millions live in horrific conditions, facing the real possibility of torture and death on a daily basis. That's what makes this question and answer session with an escaped North Korean prisoner all the more incredible to read.

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