George Soros Quotes

There is much to be said for an emissions trading scheme. It was, after all, the mechanism for emission reduction ultimately chosen by the Howard government.

"Cap and trade" is just about the most effective tool for controlling most economic activity short of openly declaring ourselves a communist nation and it's a radical environmentalist's dream come true.

I don't rule out the possibility of legislating a Carbon Pollution Reduction Scheme, a market-based mechanism.

I'd like to see a little more action on the energy side of things. I've been pushing for some kind of a carbon tax for years, and it seems to me we've had lots of opportunities to do it.

We need to put a price on carbon, and that's what cap-and-trade does and that's also what a CO2 tax does. As long as our current valuation in the marketplace tells us every minute of every day that it's perfectly all right to dump 90 million tons of global warming into the thin atmosphere surrounding the planet every 24 hours as if that atmosphere is an open sewer, then the individual actions are not going to solve the problem.

We allow it to be dumped into this community asset, which is our one and only atmosphere. So that has to change, and there's really only one entity that can do that. So we have proposed a cap-and-trade system to stop that unlimited pollution, to use the forces of the market to efficiently allocate scarce permits to allow CO2 into the atmosphere. That's just one of 500 things we need to do, but it's probably the granddaddy of them all.

A cap and trade system would put some kind of price on the carbon footprint.

The trading mechanism proposed in Clean Energy Jobs is based upon sound free-market principles. It will allow emitters to find the most cost-effective ways to meet emissions reduction goals.

Cap and trade is not an easy one for refiners, so we tried to get some moderation in the bill, and we did, but not near as much I would like.

'Cap and trade' generates special interests, lobbyists, and trading schemes, yielding non-productive millionaires, all at public expense. The public is fed up with such business. Tax with 100% dividend, in contrast, would spur our economy, while aiding the disadvantaged, the climate, and our national security.

Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket.

Under my plan of a cap and trade system, electricity rates would necessarily skyrocket… Because I’m capping greenhouse gasses, coal power plants, natural gas…you name it…whatever the plants were, whatever the industry was, they would have to retro-fit their operations. That will cost money…they will pass that money on to the consumers.

The Cap and Trade Bill HR 2454 was voted on last Friday. Proponents claim this bill will help the environment, but what it really does is put another nail in the economy’s coffin.

Government needs to do two things: put a price on carbon and invest heavily in new technologies.

We want a national emissions trading scheme, the Government does not and has rejected one for years. We want to boost the mandatory renewable energies target, the Government has failed to do that. We want a national demand side management strategy for the country to reduce electricity consumption and the Government, up until now, has done very little on that score.

I think if you have mandatory carbon caps combined with a trading system, much like we did with sulfur, and if you have a tax-incentive program for investing in the solutions, that there's a package there that's very, very good.

You should be attacking the carbon emissions, period, and whether it's cap-and-trade or carbon tax or whatever, that's the realm in which we should be playing.

Wall Street is littered with clever plans to use financial instruments to change behavior - carbon trading, for example. Some have changed the world, and others failed miserably.

When I am president of the United States of America, there will never be any cap-and-trade in the United States.

What we want to do is put a price on greenhouse gases. Because if they're more expensive, businesses will find a way to be more efficient or switch to solar or hydro or wind power. So that will reduce emissions.

Putting a price on carbon pollution is one of the best things we can do to stem the tide of climate change.

Cap and trade is an important tool in California's climate policy portfolio. It sends a price signal to industries to reduce their carbon pollution while generating billions of dollars in revenue for investments in clean transportation and direct pollution reduction.

If someone wants to do a carbon fee and someone else wants to do a cap on emissions or a renewable portfolio standard, we don't start labeling each other as more or less progressive.

Cap-and-trade is a dangerous policy fraught with the potential for significant corruption, and it would hurt my constituents and our economy by raising energy costs.

While I have strongly and consistently supported the Clean Power Plan, and continue to do so, I cannot and will not support a proposal for a cap-and-trade system.