Posted on 06/24/2009 4:43:21 PM PDT by blueyon
Late last night, during yet another closed-door meeting in the House of Representatives, the liberal Majority maneuvered to bring the highly unpopular 946-page energy-rationing bill, better known as the Waxman-Markey cap-and-tax bill, to the House floor for a vote by the end of this week!
Sponsored by Rep. Henry Waxman (D-CA) and Rep. Edward Markey (D-MA), the American Clean Energy and Security Act of 2009, H.R. 2454 imposes a system of "cap-and-tax" in order to combat so-called "global warming." This massive, across-the-board household energy tax is being disguised by congressional liberals and is being sold under the slogan "cap-and-trade," which simply means giving the government power to put a cap on the amount of carbon emissions (CO2) produced by the production of electricity, gasoline, and heating oil, and forcing businesses to actively lobby Congress for higher cap levels and to buy permits for the emissions they are allowed.
Rather than calling it "cap-and-trade," it should be called "cap-and-tax"-as it caps Americans' standard of living and taxes our use of products whose manufacture emits CO2.
(Excerpt) Read more at capwiz.com ...
I POSTED THIS LAST NIGHT AND AM RE-POSTING IT. WE MUST ACT NOW! THIS BILL WILL BE DEVASTATING FOR OUR COUNTRY. THIS BILL NEEDS TO BE DEFEATED! PLEASE ACTIVATE YOUR PING LIST, EMAIL LIST, FACE BOOK, TWITTER OR ANY OTHER WAY TO MAKE THIS KNOWN. Call Congress. Please be active as I said last night, the left is. Emails for this and health care are going out, their base has been activated to get it passed. We need to get it STOPPED!
Thanks for posting this info.
Let’s Roll FReepers!
I believe this should remain in Breaking News.
Raise taxes on Americans and control their energy use in one bill, sheesh ...
By the way, thanks for re-posting. I missed it last night.
IRS Deputy Associate Chief Counsel (International) Michael "DiFronzo said the interesting thing about emissions credits is 'they are really not tied to a tangible piece of property' but to a license to pollute. Therefore, the credits do not fit into current Subpart F rules, which require they be tied to tangible property, he said."
Did you get that? A License to pollute.
Cap-and-trade has nothing to do with "Green" other than a revenue generator to pump money from your pocket to the gubmint.
Thank :) I’ve called my congressmen- but I’ll be calling them again!
This is how they do it- health care, cap n trade, giving the fed power beyond belief and warming up for immigration reform all at once- while meantime North Korea says they’ll wipe us off the map and Iran is going through hell.
And yet- the only topic in town is Gov. Sanford.
Yep...the timing of the Sanford brouhaha is very suspicious imho.
Well, Obama is working on health care and transportation so he will have it ALL covered then.
This article from National Review Online is the main headline at Climate Depot, under the heading “19th Century Living: Under climate plan ‘Americans allowed to emit same carbon volumes as citizens did in 1867’ — Temp impact of bill ‘too small to even detect’”
http://planetgore.nationalreview.com/post/?q=MWVjMDU4NTRmYmYzNDhjNDQyZWU4YmZkYmU4MDBjNDA=
Says it all, doesn’t it.
Be sure to also read post #1. Now is the time to call your congress critter.
This was posted over at HAnnity
http://www.americanprogress.org/issu...dtrade101.html
What Would a Successful Cap-and-Trade Program Look Like?
The goal: To limit the rise in global temperature to approximately 2.0 degrees Celsius (3.6 degrees Fahrenheit) above pre-industrial levels by 2050 by reducing carbon dioxide and other emissions from companies as part of a larger plan for curbing global warming.
The cap: To achieve this goal, the U.S. government should steadily tighten the cap until emissions are reduced to 80 percent below 1990 levels by 2050. Businesses would have to obtain permits entitling them to emit a certain quantity of carbon dioxide or its equivalent in other greenhouse gases. All permits would be auctioned off by the government. Emissions permits in the near term would likely fall in the range of $10 to $15 per metric ton of carbon dioxide or its equivalent.
The trade: Companies unable to meet their emissions quotas could purchase allowances from other companies that have acquired more permits than they need to account for their emissions. The cost of buying and selling these credits would be determined by the marketplace, which over time would reduce the cost of trading the credits as trading becomes more widespread and efficient.
The profits: Initial estimates by the Congressional Budget Office project that an economy-wide cap-and-trade program would generate at least $50 billion per year, but could reach up to $300 billion. Approximately 10 percent of this revenue should be allocated to help offset costs to businesses and shareholders of affected industries. Of the remaining revenue, approximately half should be devoted to help offset any energy price increases for low- and middle-income Americans that may occur as a result of the transition to more efficient energy sources. The other half of the remaining revenue should be used to invest in renewable energy, efficiency, low-carbon transportation technologies, green-collar job training, and the transition to a low-carbon economy. Some resources should also be invested in the energy, environment, and infrastructure sectors in developing nations to alleviate energy poverty with low-carbon energy systems and help these nations adapt to the inevitable effects of global warming. Revenues from the permit auction would essentially be “recycled” back into the economy to facilitate the transition to an efficient, low-carbon energy economy and ensure that consumers are not unduly burdened by potentially higher energy costs.
I thought Obama said NO new taxes, not ONE dime to “middle income” Americans? Liar.
So, I still want to know WHY someone would support this when it takes money out of YOUR pocket and OUR economy so companies can POLLUTE legally and then have have to use the tax money to subsidize higher energy prices???
Also curious to me is how the tax of a few countries (which doesn’t stop emissions) will do anything globally when so many do nothing.
You are aware that Nanzi had a closed meeting to set this so she could bring it to a vote on Friday...
TAKE ACTION!
Here are numbers to call ASAP.
Capitol Switchboard: 202-224-3121
Tole free capital switchboard number are below.
800-828-0498
877-762-8762
List of all congressmen here and their individual phone numbers
http://clerk.house.gov/member_info/mcapdir.html
Here’s the thread, post away! Any and All help is needed and appreciated! Glad to hear about your Dad.
I made my calls and sent e-mails today. How many more months must pass of our going through this same drill....to no avail.
My reps are Boxer and Pelosi.
My press is the MSNBC, ABC, LA Times.
Voices being heard is a 100% wasted of energy.
As the Fourth approaches we need to recall how our fore Fathers handled taxation without representation.
done. not that my current congresscritter (Sestak) will give a rat’s ass. But if we remain silent, we only have ourselves to blame. And I threw in my thoughts on the proposed obomacare bill as well. Not until everyone in congress and the admin signs up for such a plan will i.
How many more months must pass of our going through this same drill....to no avail.
Our fore fathers weep as we watch the American Spirit on the streets of Theran.
Who won dancing with the stars?
My new Democrat congresswoman is Suzanne Kosmas. She now represents the 24th District in Florida.
So far Suzanne Kosmas has goosestepped with the rest of the Democrats and has voted Nancy Pelosi’s way for every bill to come up. I’m surprised she feels confident enough in this district to so mindlessly toe the Democrat line.
I’m sure she will also vote for this cap and trade abomination. I’ll call her anyhow and I encourage everybody to look how your representatives are voting in this congress and if it’s too far left - do something about it. Make sure your district is aware of this.
God weeps even more....to see us continually putting our faith in everthing and everyone but Him. Our forefathers knew better on that count too.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.