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Consider the perverse effect cap and trade has on altruistic actions. Say you decide to buy a small high-efficiency car. That reduces your emissions but not your country's. Instead it allows somebody else to buy a bigger S.U.V. - because the total emissions are set by the cap.


Author: Henry David Thoreau About category: Nature

Quote: To be admitted to Nature's hearth costs nothing. None is excluded but excludes himself. You have only to push aside the curtain.




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