Today, the House will vote on The American Clean Energy and Security Act, otherwise known as the “Waxman-Markey bill.” The proposed measure, would attempt to cut greenhouse gas emissions and promote renewable energy. The question is, how? The Waxman-Markey bill is of the “cap and trade” variety. For those of you not familiar with cap and trade, I’ll explain. Cap and trade legislation puts a cap on how much pollution companies can emit. These restrictions are applied... more