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Economy / Energy

Standing Up for Missouri’s Economy

By Abhi Sivasailam on Jun 30, 2009

Good news for opponents of cap-and-trade policy in Missouri (via the Kansas City Star‘s Prime Buzz):

The climate bill passed by the House last week now goes to the Senate, where capping greenhouse emissions could face a rougher ride.

Its fate could depend upon a group of about 15 moderate Democrats who have generally staked out a middle ground on President Obama’s domestic agenda.

One of them, Missouri Sen. Claire McCaskill, said on Twitter over the weekend: “I hope we can fix cap and trade so it doesn’t unfairly punish businesses and families in coal dependent states like Missouri.”

The realization that cap and trade systems are ineffective and highly injurious to state and national economic welfare is not a partisan issue. I will keep this pithy, and point you all to read Caitlin’s excellent discussion of the matter. The environment is worth saving, but it is important to remain open to other alternatives, and to not exploit the conveniences of one tool to silence discussion of all others.

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Abhi Sivasailam

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