Edit post

Edit your reply below.

Post Body
Enter your post below.
I cannot cite the source at this point, but I have heard that the bill includes provisions for tariffs on imports of goods made by manufacturing that will be moved off shore in order to dodge the carbon caps in the U.S.  So the bill itself anticipates causing manufacturing to flee the higher manufacturing costs that the bill will impose, and the bill closes that loophole by the use of import tariffs to cancel the economic advantage of leaving the country to flee cap and trade.   So whether or not there will be sufficient economic incentive for manufacturing to flee cap and trade, the point might be moot if import tariffs cancel out that incentive.      Manufacturing was allowed to move off shore in order to pursue lower labor costs.  But the point of cap and trade is to reduce our carbon footprint, and apparently it will not be acceptable to simply move part of that footprint to another country and continue our consumption at normal levels.  Instead, manufacturing will be forced to stay here, pay the added cost for carbon credits, and pass it along to the consumers.  Consumers will thus reduce their consumption due to the higher costs.  That, after all, is part of the basic point of cap and trade.
Tags (Optional)
Tags are keywords that get attached to your post. They are used to categorize your submission and make it easier to search for. To add tags to your post type a tag into the box below and click the "Add Tag" button.
Add Tag