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As long as industries can generate cheap energy by burning fossil fuels and not pay a cost for the resulting pollution, they will have no incentive to find better ways to generate energy. Also, cap and trade can generate funds that can be used to preserve rain forests, another key factor in the climate change equation. Finally, if the United States does nothing to curb our own generation of CO2, we have no credibility in negotiating with other countries to curb theirs..
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