Posted on 03/03/2016 3:06:18 PM PST by bananaman22
Renewable energy advocates like to point out that the cost of renewable fuels, like solar power, have dropped substantially in the last few years. The cost of solar power for instance has fallen by more than two-thirds since 2009. Yet for all the excitement about renewable power, the reality is that the entire energy sector has essentially been in a state of deflation for the last decade. The notable drop in oil prices over the last two years aside, costs of producing oil both in the U.S. and in many parts of the world have fallen dramatically. The phase out of coal in the U.S. has been driven not by government regulation, but rather by the economic forces associated with cheaper U.S. natural gas production. The cold reality for renewables is simply this; conventional fossil fuel costs are coming down just as fast.
(Excerpt) Read more at oilprice.com ...
Presuming that the carbon tax would be applied to INTRAstate business transactions (corrections welcome), and given that a previous generation of state sovereignty-respecting justices had clarified that the states have never delegated to Congress, expressly via the Constitution, the specific power to regulate intrastate commerce, which is what a carbon tax would do, I dont see where the carbon tax is constitutional.
State inspection laws, health laws, and laws for regulating the internal commerce of a State, and those which respect turnpike roads, ferries, &c. are not within the power granted to Congress. [emphases added] Gibbons v. Ogden, 1824.
And how many states are fossile fuel self-sufficient which would would make it even more difficult for Congress to apply a carbon tax imo?
What am I overlooking?
Lemme guess ... and MIT is willing to put its brightest young minds on the problem for millions in grant money.
Good point !
Carbon tax is just another excuse to justify more unconstitutional federal taxes.
Academia, is complicit with the left wing in their AGW blather.
Necessary to bring us to our knees financially.
Leftist bullies.
OK!! Everybody pay attention!
Lesson for today:
1. The sun is 1,300,000 times as big as the earth.
2. The sun is a giant nuclear furnace that controls the climates of all its planets.
3. The earth is one of the suns planets.
4. The earth is a speck in comparison to the size of the sun.
5. Inhabitants of the earth are less than specks.
Study Question: How do less-than-specks in congress plan to control the sun?
LOL - very good!
I’m sorry to see that MIT has gone over to the dark side. Professor Lindzen wouldn’t approve, but they seem to be ignoring him.
I doubt she had the brains to read the letter.
Yes, it’s funny. And MIT is buying into the man-made global warming hoax. How far we have come!
Is this another ‘Grubber’ hate-Americans thing?
Warren Buffett says it's 'highly likely' climate change poses a major problem for the planet
Global Warming on Free Republic here, here and here
Bingo! We have a winner. About 58% of MIT's campus research funding comes from the Federal Government.
translation- We need a carbon tax so the rich can get richer, and the poor can struggle even more as they spend hteir paychecks purchasing gasoline and heating oil to get baCK and forth to work and to heat their homes and have lights at night
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