Cap and Trade by Stealth: U.S. States Partner With Foreign Governments

By Alex Newman
New American

December 10, 2010

While Americans were battling cap-and-trade legislation at the national and international levels, global-warming alarmists were quietly building regional systems between state and local governments, private industry, and even foreign governments that basically achieve the same effect — higher energy prices for consumers and more money for governments.

Incredibly, the RGGI has managed to avoid public scrutiny of its operations by incorporating as a non-profit organization

The first and most prominent of these U.S. cap-and-trade systems is known as the Regional Greenhouse Gas Initiative (RGGI). It was created not by the people through their legislatures, but by a so-called “Memorandum of Understanding” between state governors.

Consisting so far of 10 Northeastern and mid-Atlantic states — Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island, and Vermont — the scheme is described on the RGGI website as “the first mandatory, market-based effort in the United States to reduce greenhouse gas emissions.” Its board of directors consists primarily of each participating state’s top environmental bureaucrats.

Read the entire article here

Be the first to comment on "Cap and Trade by Stealth: U.S. States Partner With Foreign Governments"

Leave a Reply