re: #691 Kenneth

If Obama really wants to drive up energy prices all he has to do is bomb Iran’s nuclear facilities. That’ll do it!

Not by much. But a better system than cap & trade is bombing Chinese factories. If the filthiest, most polluting industrial facilities on Earth do not produce, then the market will select cleaner ones.

The problem with Kyoto is that it is designed to raise prices on clean facilities in the west (and Japan) and thereby drive business to the worst polluters in the east, who are NOT SUBJECT to the same restrictions.