Why execute cap and trade?

Any carbon  cap is easily adjustable, that's the problem.  When democrats are in power a cap might be imposed, as soon as repuglicans (sp) win a few seats back, the cap will be lifted.

Subsidies work differently, once a commercial change wave gets going, adjusting caps won't stop it.

Renewable energy will cost less going forward as the fuel inflation spiral inevitably leaves fossil and nuclear energy in the dustbin.  Mass production makes renewable energy and conservation cheaper.  And it boosts consumption and makes fuel ever more expensive.

Cap and trade ought to die, but the fact that industries will be able to game it with the trade part, will make it pass anyway.  The big money/power behind the scenes that is stealing every bit of stimulus cash, will scam every bit of cap and trade.

Then the GOP will cite cap and trade as raising energy prices for consumers and ineffective in reducing GHG come next election time.

Cap and trade is a loser, from a political, economic, and environmental perspective.  It will be characterized as a "new tax" by "clean" coal ad campaigners going into the next election cycle.  Which has already started in Nevada, Reid is being swiftboated already!

As I have said over and over, subsidy diversion, supported by New York's new junior senator BTW, is the only winner.  Carbon taxing, the other alternative is political suicide, especially during a recession.

Take the 50 billion in corporate welfare, currently built into the tax code by lobbyists,  away from fossil, nuclear, and agribizz industries and divert it to renewable energy, conservation, and organically fertilized agriculture.  That's a green job wave ready to launch and save the economy and the climate.