Is cap-and-trade causing people to drive less? turn down the air conditioner? etc.?
Cap and trade isn't a farce. It's a recognition that pollution happens and that there's a cost to causing that pollution--a cost that should be borne by those who cause it.
Who's causing it?
Is it not everyone who burns fossil fuel (all the vehicles) and everyone who consumes electricity produced by coal?
So, why not put a heavy tax on those? Wouldn't that catch everyone causing the problem and make them pay for their share of the damage? Would that not create the incentive for every polluter to reduce their contribution to the problem?
But what is cap and trade doing?
Companies that avoid or minimize their carbon based pollution can sell their carbon credits to companies that are unable or unwilling to do what they can to keep their pollution under whatever cap is set.
What is the point of setting a "cap"? Why not just tax, or make them pay, for every unit of carbon they burn? The "cap" should be one atom of carbon, or 1000 atoms, or 1,000,000 whatever. Or a price per gallon.
The only complication would be to set the price differently for different forms of fuel according to the degree of carbon emission for that particular fuel. So there's the jet fuel, the diesel, and other forms. Determine the damage level for each and put a price per unit, to be paid by every consumer, private or business.
For each additional atom, you pay another unit of price. What is the point of selling "credits" to someone? This sounds like an artificial game they're playing, instead of simply charging a straightforward price, or penalty, on each unit of carbon burned. Or charging a price on each "watt" of electricity consumed. And electricity produced by something other than coal would not pay a tax.
It's a bitter pill to swallow that pollution is a necessary evil but truthfully, it is. In theory, companies would become more and more efficient with regards to their carbon output in order to generate income or avoid paying for more carbon units.
So is every truck driver paying the cap and trade tax somehow? Is every motorist given an incentive to reduce their driving, or to seek an alternative to their gas-powered vehicle? How does cap and trade cause motorists to reduce their driving? How does it cause homeowners to reduce their power lawnmower use? or reduce their electricity consumption? reduce their air conditioner use?