Adam Shake on Cap and Trade

“Cap and Trade” will inevitably raise the price of coal driven utilities. The money spent by utility companies to purchase “Pollution Certificates” will be passed along to the consumer.

Now whether or not the resulting additional expense will be cost prohibitive to businesses and force them to move their production facilities to foreign countries (like some analysts speculate) remains to be seen. Utility costs have been rising for years, and I expect that the manufacturing industry in the United States will consider it another cost of doing business. What will also inevitably happen, is that more businesses that utilize coal driven electricity will look towards new models of electricity generation. We are already seeing many businesses, from car washes to large retail stores, using wind turbines to offset their electricity usage.

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One Response to “Adam Shake on Cap and Trade”

  1. Kinser says:

    Great Article! Thank you!

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