Apple Lobbys for Cap-and-Trade, Avoids Same

Filed under:Bill of Rights,Culture War,Our Money — posted by 3wire on 4/7/2010 @ 2:34 pm

From: Washington Examiner

So if Apple’s lobbying effort is successful, American companies will pay for their carbon emissions, but no such carbon costs will fall on Hon Hai Precision Industry Company, which made your iPad.

Under cap-and-trade, Apple company would pay for the 400,000 tons of carbon dioxide emitted annually by its U.S. buildings and domestic operations, and also for the 500,000 tons of carbon dioxide emitted by shipping its products. But the 3.8 million tons of CO2 emitted by its manufacturing — 81 percent of the company’s total — would be exempt from a carbon tax because the emissions would be in China.

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image: detail of installation by Bronwyn Lace