Gar Lipow argues, and convincingly so, in a current article on Grist, that Waxman-Markey’s cap and trade provisions are counterproductive.
Mainstream environmental groups are … soooooo happy that climate deniers are not in command of politics any more. They are fighting yesterday’s battle, to get general agreement on the principle that climate change is caused by people, and people need to do something about it. They like the nice feeling that comes from all of us raising our hands and pledging, scout’s honor, to achieve sustainability by 2050. But they are losing today’s battle to put into place a viable means to get from here to there, and judging from their public statements they don’t even know it.