Industries Push for Free Pollution Credits

I see it as a major problem for the President when we start talking about the number of free credits that are going to be distributed under the cap and trade plan under proposal. If we are going to start giving away so many credits to electrical companies, refineries, and other heavy greenhouse gas emission producers then we are going to have to determine what is the right number to begin with. There is no way that I see a cap and trade proposal being sucessful if electrical companies get the 40% free credits they are looking for on top of the 30% that refineries are trying to attain if President Obama hopes to generate cash to support his budget plan. Essentially if we gave that much away, we would be barely making any dent in the problem and we would not be serving as the example that China and India need to even consider taking such measures in their own countries. Even with the free credits that companies can recieve the costs for consumers are going to be increasing and so it will come down to whether or not the President and Democrats can frame the issue as a necessary movement towards the future where spending has to occur if we want to live in a better future world.