Because cap and trade is enforced through the selling and trading of permits, it actually perpetuates the pollution it is supposed to eliminate.
James HansenWe have at most ten years - not ten years to decide upon action, but ten years to alter fundamentally the trajectory of global greenhouse emissions... We are near a tipping point, a point of no return, beyond which the built in momentum and feedbacks will carry us to levels of climate change with staggering consequences for humanity and all of the residents of this planet.
James HansenGlobal warming has already triggered a sea level rise that could reach from 6 metres (19.69 ft) to 25 metres (27.34 yards).
James HansenThe most difficult task, phase-out over the next 20-25 years of coal use that does not capture COโ, is Herculean, yet feasible when compared with the efforts that went into World War II. The stakes, for all life on the planet, surpass those of any previous crisis. The greatest danger is continued ignorance and denial, which could make tragic consequences unavoidable.
James Hansen