With cap-and-trade, as with all well-intentioned fixes, “the devil is in the details.”

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Terry Tamminen has a new post on Fast Company's blog about the carbon taxes and cap and trade:

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The 15th Conference of the Parties (COP15) sounds like a contradiction in terms--conferences are business-like and dull while parties are, well, fun! But COP 15 is actually the formal name of the annual gathering of nations that participate in the UN's...

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So what next for climate activists swept up in ‘Yes, we can!' mania?  Perhaps we first must acknowledge how hard this is going to be.  As a friend wrote to me in reaction to last week's blog post...

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With this past Halloween, we witnessed the Wall Street Journal jump out from behind a hedge fund and try to scare the business community right out of its Brooks Brothers boxers. Like most haunted houses and scary apparitions at this time of year...

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