text: I would take a direct known carbon tax i can budget for or hedge against (by using less of something) than the true scam that is the speculative cap and trade. Cap and trade is a transfer of money from one jurisdiction to another, is rife with speculation and creates so much price volatility that one doesn't know what one is actually paying. Besides it is not particularly transparent. At least a carbon tax could in theory be directly offset by say an income tax reduction...