I see your point. And if we had a carbon tax instead of cap and trade, I’d agree with it. But what we’re doing is moving something from the regulatory framework to the tariff framework. It’s no different, really, from imposing tariffs on countries that don’t meet our ideas of proper employment practices. And I’m sure the Chinese won’t see it as fair and retaliate with tariffs of their own.

Really, if that’s the most offensive clause you found in Waxman-Markey, then you just aren’t looking hard enough. Or maybe I’m misunderstanding you, and you meant the provision for a tax on foreign emissions was literally your favorite, inasmuch as it was the least objectionable part of the whole bill.