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Fortunately, cap-and-trade was killed stone dead a couple of years ago.
As envisioned by its political supporters four years ago, it would have created a whole new class of Capitol Hill power barons, bureaucrats, lawyers, and traders who would all have been able to enjoy the new system's succulent teats.
Back in 2008, Jason Furman reportedly told a few senate staffers that once cap-and-trade got cranked up, it could raise as much as $300 billion annually.
Nothing like trying to sneak a huge tax increase on the middle class and working poor through the back door and in the middle of the night while nobody's looking!