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Energy Bill's Impact on the Railroads
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<P mce_keep="true">[quote user="Paul_D_North_Jr"] <P>And - if the business goes overseas, it's certainly going to release CO-2 just as much - if not more, plus different pollutants as well - as it would have here. </P> <P>So viewed world-wide, what will have been gained [Q] Same amount of CO-2, just in a different place - but it's a global phenomenon, and the air currents and wind patterns will bring it back here anyway before too long. </P> <P>[/quote]</P> <P><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA"><FONT size=2><FONT face=verdana,geneva>The greater objective of cap and trade is that it be international in scope.<SPAN style="mso-spacerun: yes"> </SPAN>Indeed, whatever embodiment of the concept that becomes law in this country will inevitably become linked to other countries either at the outset or soon thereafter.<SPAN style="mso-spacerun: yes"> </SPAN>But we are a long way from agreement on worldwide participation.<SPAN style="mso-spacerun: yes"> </SPAN>That raises this question that is essential to ask if one is to fully understand the cap and trade concept and its objective:<SPAN style="mso-spacerun: yes"> </SPAN>If cap and trade is beneficial, why do whole countries such as China and India refuse to participate?<SPAN style="mso-spacerun: yes"> </SPAN></FONT></FONT></SPAN></P>
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