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santiago: The oil industry supports carbon taxes in the US debate over climate change legislation, rather than a cap and trade approach.

Could you provide any references for that?  (I always thought that the oil industry favored cap-and-trade as an easier system to "game".)

The West won the world not by the superiority of its ideas or values or religion, but rather by its superiority in applying organized violence.

by marco on Fri Sep 4th, 2009 at 04:43:50 AM EST
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I think the industry has also supported a carbon tax recently as a way to create confusion in the debate aned weaken the push for cap-and-trade, by putting on the table (again) a beguiling alternative and making some supporters of cap-and-trade waver and ask for new studies...

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Fri Sep 4th, 2009 at 08:16:08 AM EST
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Oops, I responded here accidentally.
by santiago on Fri Sep 4th, 2009 at 12:50:03 PM EST
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