Permit, Permit, Who Gets the Permits?
Does the Waxman-Markey energy bill really give away 85% of its emission permits to big polluters? Dave Roberts says no: most of the permit allocations go to consumers, households, and green energy programs. Only about 22% of the permits go to big industrials. That's still about 22% too high, but it's a lot less than most press reports would lead you to believe. Details here.