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	<title>Sightline InstituteWe Send Letters - Sightline Institute</title>
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		<title>We Send Letters</title>
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		<pubDate>Thu, 08 May 2008 16:20:00 +0000</pubDate>
		<description><![CDATA[Modeling the economics of cap and trade raises some eyebrows. | Update 5/15 by Eric: We send memos too. Here is a fuller version of our concerns. *** The Western Climate Initiative&#8212;the multi-state, multi-province pact designing a cap-and-trade system for the Western U.S. and, now, large swaths of Canada as well&#8212;has contracted out a bunch of economic modeling, in an attempt to get a handle on how various cap-and-trade policies might play out in the real world. That&#8217;s a good thing.&nbsp;...]]></description>
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