Some States Embrace CO2 Cap-and-Trade Schemes, Others Reject Them
Opponents say it’s a regressive tax that doesn’t deliver anything, while proponents say it’s not a tax, but it puts a price on greenhouse gas emissions.
The United States is following Europe’s lead in instituting cap-and-trade systems to reduce CO2 emissions, but the country is split between Democrat-run states that have passed cap-and-trade mandates and Republican-run states that appear to have no intention of doing so.
In the middle are several swing states that have entered, then exited, cap-and-trade pacts, depending on which party gains the upper hand.
