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I Hope You Like BOTH Freezing AND Broiling
Market-Ticker ^ | 24 Apr, 2023 | Karl Denninger

Posted on 04/24/2023 1:44:41 PM PDT by MtnClimber

And let's not forget who's responsible for this either: The so-called "Inflation Reduction Act" which every single person in Congress should be personally held responsible for, including their entire genetic line.

The EPA is about to issue a monster rule that essentially requires the capture of all CO2 emitted by power plants. This is impossible to do at any economically-reasonable cost. It will force up power prices dramatically and likely force offline many natural gas power plants, along with all the remaining coal-fired ones.

This in turn will make your "much loved" electric car much more expensive to fuel since of course you have to plug it in, destroying any alleged "advance" it has in operating cost (which I've gone over before, and is a lie to begin with.)

This comes after the EPA attempted to issue such a rule in the past and the Supreme Court ruled that CO2 was not a pollutant and thus outside the EPA's remit, as the Congress had not granted it the power to do this. The Inflation Reduction Act specifically included the power for the EPA to do this, which is why every single sitting Congressperson and their family deserves to be held personally responsible for every bit of economic harm this will bring to both families and businesses -- and it will not be small.

You may not like the fact that behind every unit of GDP (that is, economic output) there is a unit of energy. I'd prefer it not to be that way too but it is that way and there's nothing you or I can do about that. Our decision is whether or not we wish to have an economy that works for the people who live here or whether we'd like to enhance child slavery in the Congo and, ultimately wind up with a lithium supply problem too because the more we allegedly "rely" on lithium-chemistry batteries in any respect the more of this we promote.

Nations are in fact forming effective cartels to control lithium supply -- there was news on this just last week which was, predictably, buried and not well-reported. The Congo is the source for cobalt without which lithium batteries cannot be made -- and virtually all of it is mined by enslaved children forced to work for about a dollar a day in order to eat....


TOPICS: Business/Economy; Society
KEYWORDS: communism; denninger; ticker
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1 posted on 04/24/2023 1:44:41 PM PDT by MtnClimber
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To: MtnClimber

Our government is out of control. They should be met by out of control taxpayers levying demands on them too. CRAZY demands.


2 posted on 04/24/2023 1:44:57 PM PDT by MtnClimber (For photos of Colorado scenery and wildlife, click on my screen name for my FR home page.)
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To: MtnClimber
The so-called "Inflation Reduction Act" which every single person in Congress should be personally held responsible for, including their entire genetic line.

We are finally getting people on here who think correctly. TOTAL punishment.

3 posted on 04/24/2023 1:47:22 PM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: MtnClimber

Guess we individually need to provide more naturally occurring body gasses eh?


4 posted on 04/24/2023 1:52:33 PM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this? 😕)
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To: MtnClimber

Yep, better learn how to live without electricity. Because it won’t be long now. Only the very rich will have electricity and electric powered items including cars.


5 posted on 04/24/2023 1:53:52 PM PDT by Openurmind (The ultimate test of a moral society is the kind of world it leaves to its children. ~ D. Bonhoeffer)
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To: MtnClimber

They can push people only so far. We are near the brink of ...something.


6 posted on 04/24/2023 1:55:17 PM PDT by Blennos
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To: MtnClimber
"The EPA is about to issue a monster rule that essentially requires the capture of all CO2 emitted by power plants. "

Only a liberal fool would try to outlaw 100% of carbon emissions.
7 posted on 04/24/2023 2:10:14 PM PDT by clearcarbon (Fraudulent elections have consequences.)
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To: Openurmind
Yep, better learn how to live without electricity. Because it won’t be long now. Only the very rich will have electricity and electric powered items including cars.

If it's possible to produce your own energy I suggest figuring out how to do so. Even if you can't produce 100% of the energy you need, the less you have to buy from the outside sources the better.

8 posted on 04/24/2023 2:12:45 PM PDT by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: clearcarbon

The Left wages war against carbon.
The Left wages war against life.


9 posted on 04/24/2023 2:12:49 PM PDT by ClearCase_guy (“You want it one way, but it's the other way”)
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To: clearcarbon
"Only a liberal fool would try to outlaw 100% of carbon emissions."

That would be death. đŸ‘» TEOTWAWKI

10 posted on 04/24/2023 2:15:58 PM PDT by Pajamajan ( PRAY FOR OUR NATION. Never be a peaceful slave ink a new Socialist America)
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To: ClearCase_guy

“”The Left wages war against carbon.
The Left wages war against life.””

As I have stated since....well....a long time, democRATS and DemocKKKrats are The Party of Death. Abortion, even after birth; “people should only live until a maximum of 75 years” (Ezekiel Immanuel, Obamacare author); “at a certain point (age) a pill is better than surgery” (Barack Hussein himself).


11 posted on 04/24/2023 2:20:22 PM PDT by Ronaldus Magnus III (Do, or do not, there is no try)
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To: MtnClimber

Only the beginning

Jan 12, 2023The Congressional Budget Office released a detailed estimate of revenue derived from the methane charge: $850 million in net revenue in FY 2026 (the first year after the tax is imposed), peaking at a net $1.4 billion in FY 2028 and coming back down to $500 million in FY 2031


12 posted on 04/24/2023 2:20:41 PM PDT by griswold3 (Truth, Beauty and Goodness ; Quos Deus vult perdere, prius dementat)
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To: Tell It Right

I absolutely agree. We are personally ready to go at the drop of a hat. But here is the issue... Municipal code to be green tagged and pay the monthly grid hookup in order to occupy a residence or property. This requirement needs to be changed. If you can prove running water and sewage this should be enough to shut off the grid if you like. There should not be any law against living without grid if you like.


13 posted on 04/24/2023 2:32:44 PM PDT by Openurmind (The ultimate test of a moral society is the kind of world it leaves to its children. ~ D. Bonhoeffer)
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To: Openurmind

The very rich will get solar systems courtesy of tax subsidies and have huge backup generators running on diesel or propane. They will be fine with democrats in charge.


14 posted on 04/24/2023 2:35:53 PM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: Organic Panic

True, but when I mean the very rich I mean the top 10%. Way above those in the middle class who think they will be immune to it.


15 posted on 04/24/2023 2:40:19 PM PDT by Openurmind (The ultimate test of a moral society is the kind of world it leaves to its children. ~ D. Bonhoeffer)
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To: ClearCase_guy
"What I am getting at here is that there is a malicious and sinister objective within the heart of the Left. It craves totalitarianism, because totalitarianism will suffocate freedom and, ultimately, human life itself – which the Left hates the most."
Victor Davis Hanson

And there you have it.

16 posted on 04/24/2023 2:50:53 PM PDT by Noumenon (You're not voting your way out of this. KTF)
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To: MtnClimber

bkmk


17 posted on 04/24/2023 2:59:02 PM PDT by sauropod (“If they don’t believe our lies, well, that’s just conspiracy theorist stuff, there.”)
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To: Pajamajan

What if Skynet was told to get rid of all carbon emissions? Best strategy: get rid of the humans.


18 posted on 04/24/2023 3:01:25 PM PDT by maro (MAGA!)
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To: clearcarbon
Only a liberal fool would try to outlaw 100% of carbon emissions.

Liberals, (more accurately called "leftists"), have orchestrated a tightly choreographed mass psychosis that, if not stopped, will eventually cause a million or more children and young adults to destroy themselves via sex change surgeries and hormone treatments. These destroyed children will have a suicide rate of ~50%. Many of the ones who don't kill themselves will be ticking time bombs; aching to lash out and destroy everything and anyone they can. The same filth orchestrating that satanic nightmare will now attempt to destroy America's grid in record time because they know from recent, past experiences, that the so-called "good men" will not stop them.

These filthy pigs are not fools. They are demonic, and they are determined to destroy America and the West.

Unless they are soon stopped they will soon accomplish their mission.

19 posted on 04/24/2023 3:03:40 PM PDT by Rocco DiPippo
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To: MtnClimber

Our government sucks.


20 posted on 04/24/2023 3:23:44 PM PDT by Williams (Stop Tolerating The Intolerant)
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