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Nuclear Providers Sell out Consumers, Back Cap and Trade
Patriot Room ^ | 10-6-09 | Scott Martin

Posted on 10/06/2009 1:36:43 PM PDT by Scott Martin

When Big Business tells the federal government "yes, tax us more please," you can be pretty confident something shady is going on, and that the consumer will not be the beneficiary of it. In this case it's ownership of major energy providers backing the Waxman-Markey Cap and Trade bill, the proposal that would effectively cap American productivity by trading on fear of global warming.

In the past few weeks both Exelon, the nation's largest gas and electric utility, and PG&E (Pacific Gas and Electric) have backed out of the Chamber of Commerce over the business lobby's refusal to bend over to global warming alarmism.

In late August, the Chamber of Commerce called for a public hearing to challenge the "science" of man-made global warming, obviously the last things the alarmists want.

The U.S. Chamber of Commerce—the largest business lobby in the United States, and one of the most powerful—is pushing the Environmental Protection Agency to hold a public hearing intended to challenge the science of climate change in what Chamber officials are calling “the Scopes monkey trial of the 21st century.”

People who would like a little proof that man-made global warming exists, that it would be a bad thing if it does exist, and that it could be reversed if it did exist are steaming mad at the corporate suits of the energy providers, and just a little suspicious of their motivation in begging to be taxed up the wazzoo. A source at Exelon sent me this open letter to Exelon CEO John Rowe, which is currently making the rounds within the company...

(Excerpt) Read more at patriotroom.com ...


TOPICS: Business/Economy; Government; Politics; Weather
KEYWORDS: bigbusiness; capandtrade; globalwarming; waxmanmarkey

1 posted on 10/06/2009 1:36:44 PM PDT by Scott Martin
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To: Scott Martin

Why would a business with a monopoly stranglehold over its consumers care about taxes? They would simply pass the increased costs to their customers.


2 posted on 10/06/2009 1:39:06 PM PDT by pnh102 (Regarding liberalism, always attribute to malice what you think can be explained by stupidity. - Me)
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To: Scott Martin

They actually believe that they will be allowed to build new plants under the dems?


3 posted on 10/06/2009 1:39:29 PM PDT by Army Air Corps (Four fried chickens and a coke)
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To: Scott Martin

They naively think adding cost to coal- and gas-fired plants will stimulate demand for nuclear power- which they won’t be allowed to build....

hh


4 posted on 10/06/2009 1:44:37 PM PDT by hoosier hick (Note to RINOs: We need a choice, not an echo....Barry Goldwater)
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To: Scott Martin
Count Dow Chemical among the co-conspirators. Their CEO, Andrew Liveris, is an outspoken proponent of Cap & Tax. Today comes an article stating Dow stands to make billions selling solar roof tiles, which will certainly be subsidized by you and me.
5 posted on 10/06/2009 1:46:10 PM PDT by PDMiller
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To: pnh102
“They would simply pass the increased costs to their customers.”

Ding, Ding, Ding, Ding, Ding! We have a winner! They're okay with that if it means they won't be regulated out of existence.

6 posted on 10/06/2009 1:50:59 PM PDT by outofsalt ("If History teaches us anything it's that history rarely teaches us anything")
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To: Scott Martin

Fascism, this is how it works ... Starts with crony capitalism.

The good news is you just look at the dates of the EOs and make one EO that nullifys the whole date range. What Obama did...


7 posted on 10/06/2009 1:51:37 PM PDT by Tarpon (Oba-Mao is a reader, not a leader ...)
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To: Army Air Corps
They actually believe that they will be allowed to build new plants under the dems?

Morons.

8 posted on 10/06/2009 1:52:35 PM PDT by Always Right
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To: Army Air Corps
"They actually believe that they will be allowed to build new plants under the dems?"

Nuclear plants don't produce carbon. A Carbon cap and trade system will raise the cost of conventional energy. When they discover wind, and solar are not viable to meet the cap and trade requirements, nuclear is going to look pretty good.

The problem I have with this is that it's a backasswards way of going about it. We should be building nuclear plants now to ensure enough energy for the economy regardless of what OPEC does.

Instead we are going to ramp energy costs through the roof in a stupid attempt to make so called green energies viable on a large scale. It's a bet the farm strategy, and when it fails, OPEC is going to have tremendous control over this country. Those high energy costs are going to kill our wounded economy.

9 posted on 10/06/2009 1:52:53 PM PDT by DannyTN
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To: Scott Martin

The financial planners at the mega corps have nothing to lose by agreeing to trade an artificial commodity, “carbon credit”, created by the government and allocated initially at a government rigged price. The government cannot set the initial price so that the initial holders lose, or no one would participate, and, simultaneously the government’s regulatory demands for CO2 reduction will immediately boost the “market value” of the never-enough credits the government issues. Its a rigged system that will actually cost most, and hurt the most, precisely those companies in need of actually spending money on R&D instead of wasting it on “carbon credits” to keep existing operations within legal, EPA limits.


10 posted on 10/06/2009 2:03:56 PM PDT by Wuli
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To: Scott Martin

a political environment driven by Global Warming Alarmists is actually good for people who build nuke plants (unless you are living in a country where energy policy is dictated by musty old Jane Fonda movies). So they are acting in their self-interest, which companies will always do.


11 posted on 10/06/2009 2:40:57 PM PDT by Buckeye McFrog
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To: Scott Martin; rdl6989; Little Bill; IrishCatholic; Normandy; According2RecentPollsAirIsGood; ...
 


Beam me to Planet Gore !

12 posted on 10/06/2009 3:19:35 PM PDT by steelyourfaith (Limit all U.S. politicians to two terms: One in office and one in prison!)
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To: Scott Martin
Big business + Big government = Big Fascism


13 posted on 10/06/2009 3:31:44 PM PDT by The Comedian (Evil can only succeed if good men don't point at it and laugh.)
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To: Scott Martin; 11B40; A Balrog of Morgoth; A message; ACelt; Aeronaut; AFPhys; AlexW; ...
RENT-SEEKAGE!

Global Warming PING!

You have been pinged because of your interest in environmentalism, alarmist wackos, mainstream media doomsday hype, and other issues pertaining to global warming.

Freep-mail me to get on or off: Add me / Remove me

Please ping me to all note-worthy threads on global warming.

Poland refuses to pay poorer nations' climate tab

Collapse of Climate Alarmism

IF A PEER REVIEW FAILS IN THE WOODS...

Obama puts government on greenhouse-gas diet

Climate bill backers quit Chamber of Commerce (Die, corporate scum!)

Global Warming on Free Republic

Latest from Global Warming News Site

Latest from Greenie Watch

Latest from Junk Science

Latest from Terra Daily

14 posted on 10/07/2009 12:16:57 AM PDT by Tolerance Sucks Rocks (Barack Hussein Obama: the country's greatest firearms salesman!)
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To: Tolerance Sucks Rocks

I think you missed an IMPORTANT Global warming article/post!

Cosmic Ray Decreases Affect Atmospheric Aerosols And Clouds

http://www.freerepublic.com/focus/f-news/2356133/posts

They didn’t excerpt the most important paragraph:

“A loss of clouds of 4 or 5 per cent may not sound very much, but it briefly increases the sunlight reaching the oceans by about 2 watt per square metre, and that’s equivalent to all the global warming during the 20th Century.”

PS: How do you ‘ping’ someone???????


15 posted on 10/07/2009 5:31:21 AM PDT by Bulwinkle (Alec, a.k.a. Daffy Duck)
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To: Bulwinkle
PS: How do you ‘ping’ someone???????

You simply put the people you wish to PING in the "to" box in a reply statement, separated by semi-colons, and then you put the word PING in the "Your Reply" box, and hit preview and then send.

So easy a caveman can do it.

16 posted on 10/07/2009 2:58:07 PM PDT by Tolerance Sucks Rocks (Barack Hussein Obama: the country's greatest firearms salesman!)
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