Comments on: Fear of carbon markets is bipartisan. http://climatebill.org/2009/07/31/fear-of-carbon-markets/ Climate Bill - US Cap & Trade Bill 2009: American Clean Energy and Securities Act - Waxman-Markey Sun, 15 Aug 2010 16:47:55 -0500 hourly 1 By: footprintzero http://climatebill.org/2009/07/31/fear-of-carbon-markets/comment-page-1/#comment-50 footprintzero Fri, 14 Aug 2009 07:58:03 +0000 http://climatebill.org/?p=195#comment-50 I couldn't agree more, it drives me nuts to hear people bitch about a well-regulated carbon market because a bunch of idiots were irresponsible with wholly unregulated OTC products the last 10 years. The key is to have strong regulation and enforce it. I spent 2000 words ripping Peter DeFazio on my blog for criticizing the Krugman piece you cite. I also think they should forbid financial institutions with off-balance sheet exposure from participating in the new market and consider setting up federal clearinghouse organizations on which to trade carbon products. I could go on forever about this. Glad you brought up that jackass Barrasso as well, after his rant about organized crime dominating carbon offsets nothing he ever says again will surprise me. I couldn’t agree more, it drives me nuts to hear people bitch about a well-regulated carbon market because a bunch of idiots were irresponsible with wholly unregulated OTC products the last 10 years. The key is to have strong regulation and enforce it. I spent 2000 words ripping Peter DeFazio on my blog for criticizing the Krugman piece you cite.

I also think they should forbid financial institutions with off-balance sheet exposure from participating in the new market and consider setting up federal clearinghouse organizations on which to trade carbon products. I could go on forever about this.

Glad you brought up that jackass Barrasso as well, after his rant about organized crime dominating carbon offsets nothing he ever says again will surprise me.

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