The truth about cap-and-trade regulations

There's a multitude of negative information going around about cap-and-trade regulation. Some of the items are legitimate concerns, but most are misinformation being spread by the opponents of climate change legislation.

You may have heard some of them. One of the worst offenders is the notion that cap-and-trade laws will cost jobs. New jobs will be created in renewable energy fields that will more than offset the job losses in other fields. Another one of my favorites is that cap-and-trade will make the U.S. less competitive than the rest of the world. This is amusing because the U.S. is behind almost all of Europe and some of Asia in enacting climate change regulation.

For more misinformation that is being spread about the proposed cap-and-trade regulation, check out these seven myths from The Daily Green.