>Cap and trade systems have the huge advantage that no revenue goes to the government. The revenue certainly goes to the government in California, unless I am

>Cap and trade systems have the huge advantage that no revenue goes to the government. The revenue certainly goes to the government in California, unless I am completely misunderstading the program: http://www.lao.ca.gov/reports/2014/budget/cap-and-trade/auction-revenue-expenditure-022414.pdf http://www.lao.ca.gov/reports/2014/budget/cap-and-trade/auct...