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  #39  
Old 09-28-2008, 11:29 AM
arg11 arg11 is offline
 
Join Date: Apr 2008
Posts: 10
Default Re: Hot World, Cold Cash

Jim:

You responded only to part of my post. You didn't deal effectively with the possibility of green technology offsets to the economic hampering posed by cap-and-trade. If cap-and-trade limits certain modes of corporate practice and opens up room for entrepreneurship in other areas - the economic come-from-behind theory - it doesn't seem at all clear that economic slowdown would be as significant as you believe. There is a great deal of uncertainty in this, but no more, I think, than in your hypothesis.
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