8 September 2010
Secret Northeast Cap & Trade
Posted by admin under: Fleecing of America; Politics .
Secret Cap & Trade Auction today at 90 Church st.
Although the federal program remains stalled, ten States have enacted cap-and-trade programs of their own: Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island, and Vermont. New Jersey’s cap-and-trade law, Chap. 340 NJSA 26:2C-45, provides that proceeds from the “carbon auctions” that are the heart of the RGGI go to support active measures intended to lead to lower energy use, “sequestration” of carbon (chiefly in thicker forests and restored tidal marshes), and greater use of “renewable” energy.