New at Reason: Ron Bailey on Cap-and-Trade Handouts

April 7, 2009

Last week, Democratic leaders in Congress introduced cap-and-trade climate legislation that aims to limit greenhouse gases and raise the price of energy. In the 2010 budget resolution, Congress also made sure that any proposed climate change bill will go through the legislative sausage grinder, giving lobbyists plenty of opportunities to game the system for the benefit of their clients. In his latest column, Science Correspondent Ronald Bailey takes aim at "the largest corporate welfare program that has ever been enacted in the history of the United States."

Read all about it here.