Quote Of The Day

“If you don’t pass this legislation, then … the EPA is going to have to regulate in this area. And it is not going to be able to regulate on a market-based way, so it’s going to have to regulate in a command-and-control way, which will probably generate even more uncertainty.”

– an “anonymous senior administration official,” quoted in the New York Times as scolding Congress about the negative effects of failing to pass Cap And Trade legislation.

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