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Energy bill — “first shot” in carbon trade war?

Energy bill — “first shot” in carbon trade war?

In the wake of the release of the Waxman-Markey energy bill, many commenters have pointed to the drastic restrictions on domestic energy use to address greenhouse gas emissions, while some, like CEI, have pointed to the huge economic costs that would result — costs that would be paid for by consumers and in terms of reduced manufacturing and jobs.  Few have noted a further economic consequence — the possible disruption of the world trading system because of the bill’s endorsement of…

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Posted in Economy, Energy, Environment, Global Warming, International, TradeComments (2)

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