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	<title>Sightline InstituteImportant Lesson on Cap &amp; Trade - Sightline Institute</title>
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		<title>Important Lesson on Cap &amp; Trade</title>
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		<pubDate>Tue, 04 Dec 2007 16:35:00 +0000</pubDate>
		<description><![CDATA[Keep it simple, stupid. | From an awesomely meaty article on cap and trade from the San Francisco Chronicle, comes this pearl of wisdom (in bold at the bottom of the quote): The thorniest issue for regulators in California and elsewhere is whether to give away credits to emit carbon dioxide or to sell them. Some European power producers reaped windfall profits when allowances were given away. Several Northeast states are now moving toward auctioning...]]></description>
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