OK, lets put aside that your giving me an article from the Huffington Post.
You ask what are the flaws of Cap and Trade. Well first of all is based off of bogus science of Global warming. And global Warming has pretty much been debunked.
Newsmax.com - Global Warming Debunked
Second Cap and trade is about capping CO2 emissions, right? Well even if we capped CO2 at high levels, we're only capping business in the United States. And the U.S. puts out about 20% of all CO2 worldwide. So this bill won't do anything to effect the environment.
Third, there is still much debate that CO2 even pollutes. So why cap it?
And forth. This bill will absolutely kill our economy. It will totally bankrupt the coal industry.
Hot Air » Blog Archive » Cap-and-trade will kill jobs, economy Now Obama wants to use more windmills and solar power. But the problem is, neither one of those power sources is as efficient, productictive, and reliable as coal and or oil.
The cost of goods will go up dramatically on almost everything. Its not just power sources that would be affected by this bill. Manufactures of goods will be affected too. This bill would tax any manufacture that release CO2 to make their product. Which is almost every manufacture. These manufactures will pass the cost on to you and I. And that's for the business's that stay here. Most business will leave for countries who don't have this ridiculous law.
So you think we don't have manufacturing jobs now. Just wait till this bill passes.
There is nothing positive about this bill. It probably worst then Obama-Care. And that's saying something!