Thursday, February 21, 2008

Cap & Trade, the Downside

There is no doubt cap and trade hurts those living around polluting enterprises, and perhaps carbon fees are a better way to go in this type of case.

Groups vow to fight carbon emissions cap-and-trade plan
By Margot Roosevelt
Los Angeles Times Staff Writer
February 20, 2008


Low-income community groups in five California cities launched a statewide campaign Tuesday to "fight at every turn" any global-warming regulation that allows industries to trade carbon emissions, saying it would amount to "gambling on public health."

The 21-point "Environmental Justice Movement Declaration" challenges the stance of Gov. Arnold Schwarzenegger, a national advocate of a cap-and-trade program that would allow heavy polluters, often located in poor neighborhoods, to partly buy their way out of lowering their emissions.

"Under a trading scheme, 11 power plants to be built around Los Angeles could offset emissions by extracting methane from coal seams in Utah or planting trees in Manitoba," said Jane Williams of the California Communities Against Toxics, which fights pollution in low-income areas.

The defiant tone of news conferences in Los Angeles, Fresno, Oakland, Sacramento and San Diego indicated that political turbulence might be ahead as the state Air Resources Board hammers out a strategy to drastically reduce greenhouse gas emissions, as required under a 2006 law.

Until now, the debates over how to implement the law have been conducted in polite workshops with industry and environmental groups offering technical testimony to state air board officials. The agency must design a plan, due at the end of this year, to ratchet down emissions to 1990 levels by 2020, an effort that is likely to affect virtually every industry in the state.

"Cap and trade is a charade to continue business as usual," said Angela Johnson Meszaros, director of the California Environmental Rights Alliance.

Environmental justice groups instead favor carbon fees on polluting industries, a strategy endorsed by many economists as simpler and more transparent, although politically tough to enact.