Will Cap and Trade break the country? Will going green bankrupt business and make energy bills go through the roof? It doesn't have to. The frustrating thing for me is that Denmark and Germany found ways to make going green revenue neutral, yet politicians here insist on reinventing the environmental wheel. The following video points to an affordable answer.
James Hansen, who heads the NASA Goddard Institute for Space Studies and is also an adjunct professor in the Department of Earth and Environmental Sciences at Columbia University, insists tariff profits can simply be redistributed to Americans so they can upgrade to energy saving technology.
Rachel Maddow gets pretty much the same story from columnist and author Thomas Friedman, who explains how Denmark did it.