States and cities like California that haven't met the clean air guidelines have been losing factories and new businesses to places that can. So one way for greens and their political allies to create a "level playing field" is to make the clean air standards so unachievable that virtually all U.S. cities can't comply. It's a classic beggar-thy-neighbor political strategy.And it punishes all of those cities that worked hard over the years to reach attainment, most of them far less affluent than Mr. Waxman's tony environs. That's the real story behind the phony ozone outrage he is staging on Tuesday. The Congressman from Beverly Hills is all for cleaning up the air – except in his own backyard.
Originally from the pit at Tradesports(TM) (RIP 2008) ... on trading, risk, economics, politics, policy, sports, culture, entertainment, and whatever else might increase awareness, interest and liquidity of prediction markets
Monday, May 19, 2008
Beggar thy neighbor (of carbon emission)
Labels:
global warming,
hypocrisy,
redistribution,
regulatory burdens
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