If you can’t understand conceptually why a Cap and Trade system is such a bad deal, how about a concrete example?

"...crippling the economies of the Western Democracies for the benefit of the “developing world” (read: China and India) is precisely the intent of Cap and Trade."

To summarize: Cap and trade is a scheme that would impose heavy carbon taxes and allowances on U.S. industries, which would then have an incentive to move overseas themselves, or to sell those allowances to overseas companies that could use them to become more competitive against U.S. companies. Like the 1,700 Brits at Redcar, American workers would be the big losers.

How Cap and Trade Plans to Cripple Our Economy