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Quote by Peter R. Orszag

“If you didn't auction the [CO2] permits, it would represent the largest corporate welfare program that has ever been enacted in the history of the United States. All of the evidence is that what would occur is that corporate profits would increase by approximately the value of the permits.”

Quote by Peter R. Orszag

Author

Peter R. Orszag

Peter R. Orszag is the former Director of the Office of Management and Budget in the United States. He has extensive experience in politics and economics, holding several key positions in these fields. more

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