Emissions trading is a crock.  If you want to give polluction credits, why
not give everybody an equal credit instead of rewarding people for
historical patterns of pollution?

In the case of Southern California, companies buy old junked cars, under the
assumption that the hulk would run and spew out pollution for another
decade.  All you have to do is tow a heap to the site, start the engine and
collect your money.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 916-898-5321
E-Mail [EMAIL PROTECTED]



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