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	<title>Sightline InstituteNot So Great Grandfathering - Sightline Institute</title>
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		<title>Not So Great Grandfathering</title>
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		<pubDate>Mon, 26 Nov 2007 20:35:00 +0000</pubDate>
		<description><![CDATA[Grandfathering carbon permits = windfall profits.  Period. | I don&#8217;t know what to say about this article&#8212;which is largely a critique of a grandfathered &#8220;cap &amp; trade&#8221; system for reducing greenhouse emissions. On the one hand, I shouldn&#8217;t complain. Any serious discussion in the press of climate policy is welcome. But on the other hand&#8212;jeez, is it so hard to get climate policy right? My problem isn&#8217;t so much that the article gets things wrong, (though it does)....]]></description>
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