theres an article on foxnews.com on the cap and trade and it reports that in Europe its linked to organized crime and robbed the country of 7.4mil. and Europol officials and critics of the cap and trade bill says that if we pass the bill we'll end up having the same problems as Europe has.
a quote by Max Schulz, senior fellow at the Manhattan Institute
It's a lesson to be learned, critics of cap-and-trade say. Creating such a system in the United States would invite "corruption, illegality and criminal activity," much as it has in Europe,
"This is the problem with politicians trying to create a market for something that the free market otherwise doesn't value. An emissions trading market is an artificially, politically-created market....
"If we pass a system like Europe has, we're going to get all the problems Europe has experienced. You're asking for a lot of problems."
Fraud in Europe's Cap and Trade System a 'Red Flag,' Critics Say
FOXNews.com - Fraud in Europe's Cap and Trade System a 'Red Flag,' Critics Say
France Probes $230 Million Carbon Trading Fraud (Update1)
France Probes $230 Million Carbon Trading Fraud (Update1) - Bloomberg.com
Calif. fraud, secrecy should give us pause about cap-and-trade
Calif. fraud, secrecy should give us pause about cap-and-trade - TheHill.com