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re: 4thWarmest June on Record

Posted on 7/16/14 at 10:40 pm to
Posted by SpidermanTUba
my house
Member since May 2004
36129 posts
Posted on 7/16/14 at 10:40 pm to
quote:

What pray tell would happen if a company simply exceeded allowances?


The government, or some contracted third party, would have to buy the allowances on the market and charge it to the company.
This post was edited on 7/16/14 at 10:41 pm
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124443 posts
Posted on 7/16/14 at 10:43 pm to
quote:

and charge it to the company.
and that, my friend, is a tax. In the case of cap-and-trade, that tax would be huge.
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