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I really don't get this "I am for a free market" speech when used in opposition to cap and trade. If anything, cap and trade IS the free market solution to emissions: people buy and sell the right to emit a certain amount of gasses. It helps negate the negative externality associated with certain industries, so that these industries cannot free ride on their pollution anymore, the effects of which go far beyond just global warming (which at this point Im still surprised people insist doesnt exist).
As far as the state creating a market, that has been pretty much the standard for a few hundred years. Stocks, bonds, intellectual property, airwaves were all markets created by government fiat. Heck, even the market for land was created by the state. A market for gas emissions is no bigger intrusion of the state on the free market.
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