Blog

Nader Says Crap-and-Trade Won’t Work


Consumer advocate and frequent presidential candidate Ralph Nader said the Obama administration’s proposed cap-and-trade system, aimed at reducing emissions of carbon dioxide, won’t work.

“I mean, it’s not going to work,” the liberal Nader told the New York Times.

“It’s too complex. It’s too easily manipulated politically. Right now, they’re having a battle over whether they can even auction the credits off for money. The industry doesn’t want auctions for money. So, they’re already having a battle right from the takeoff.”

Matthew Vadum

The author of Subversion Inc.: How Obama’s ACORN Red Shirts are Still Terrorizing and Ripping Off American Taxpayers (WND Books, 2011), Vadum, former senior vice president at CRC, writes and speaks widely…
+ More by Matthew Vadum

Support Capital Research Center's award-winning journalism

Donate today to assist in promoting the principles of individual liberty in America.

Read Next