BOB2 Wrote:
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> Since you vaguely alluded to funding the intercity
> rail corridors in this litany of nonsense and
> stupidity, so I guess I'll get suckered in, with
> this one.
>
> Almost all of the cap and trade is being used to
> backfill the HSR, with a few scraps to the
> TIP.....not nearly enough to make any real dent in
> the backlog of rail corridor projects.
>
> And, CARB had better plan to figure out how to get
> a better price than the $5 a ton in the free
> market these credits seem to get. CARB tried to
> set a "floor" with a minimum bid of around 12.75 a
> ton, and less than ten percent were sold. Last
> months "auction" was another poor one.
>
> Any attempt to "fool" the "market", with a program
> which is really being run to generate state
> revenues, by trying to arbitrarily set absurdly
> high minimum is guaranteed to fail. Because, even
> though this may be a surprise to many planning
> majors, that's just not how real free competitive
> "markets" work. It's the markets that "set" the
> price folks are willing to pay, not the
> politicians, or bureaucrats.
>
> Oh well?

It is not about saving the environment. But rather the control of money and people.