Dana1981
2010-04-27 11:28:36 UTC
But President George H.W. Bush (Bush Senior) embraced cap and trade as a solution to acid rain. His support of the concept brought along enough GOP votes to make cap and trade the key component of the 1990 Clean Air Act.
"Throughout the '80s, the debate about acid rain resembled the debate over global warming, in that there were Republicans who didn't believe acid rain was real -- that it wasn't happening or it didn't matter. Bush, being a Republican, helped get a number of Republican votes."
http://www.npr.org/templates/story/story.php?storyId=126280761&ps=rs
The result of sulfur dioxide cap and trade was that emissions were reduced at far less cost than initially anticipated, and the acid rain problem was solved.
So why do political conservatives oppose a similar cap and trade approach for carbon dioxide? Why do they portray this market-based solution formerly embraced by Republicans as 'socialist'?