EMISSION: IMPOSSIBLE (NY Gov Spitzer Plan To Force Power Plants To Buy "Credits" For Emitting CO2)

NY Post ^ | November 23, 2007

[lowbridge]

Gov. Spitzer's boast last week that power plants will soon have to pay for the right to emit carbon dioxide is just the latest sign of his unseemly obeisance to over-the-top environmentalism.

Spitzer told Congress how New York has joined 10 northeastern states in a Kyoto-style project called the Regional Greenhouse Gas Initiative (RGGI), meant to combat global warming.

In 2009, these states will force power plants to buy CO2 "allowances," which will be traded on the open market.

Plants will have to get one credit for each ton of CO2 they emit. The supply of credits, to start, will be capped at 64 million - the average annual power-plant emissions in New York from 2002 to 2004. The figure will then drop slightly each year, for a 10 percent cut by 2019.

The plan's flaw is its goal: It's designed to boost electricity costs - and even force some plants to close.

[ml/nj]

[Gore] senior adviser to Google

Note to self: Must try to use ask.com more frequently.

ML/NJ

[calcowgirl]

Schwarzenegger and Pataki were scheming on this a year ago:

http://www.freerepublic.com/focus/f-news/1721274/posts?page=2#2

[ml/nj]

NY Gov Spitzer Plan To Force Power Plants To Buy "Credits" For Emitting CO2

Does Hillary think this is a good idea?

ML/NJ

[NonValueAdded]

Go for it, Spitzer. After the crash, real estate will be dirt cheap and the population will be in no mood to elect a liberal for decades.

[Calpernia]

Spitzer should be charge triple for his foul mouth!

Click for his foul mouth quote.

[CaptRon]

As far as I know, there is no provision for a recall of a Governor in NY state.

[c-b 1]

We need to invest in insane asylums.

Lots of them.

[freedom1st]

I hope Hillary is asked in the next debate if she supports Spitzer’s energy plan.

[gunservative]

Spitzer told Congress how New York has joined 10 northeastern states in a Kyoto-style project called the Regional Greenhouse Gas Initiative (RGGI), meant to combat global warming.

I'd love to see a lawsuit challenge of this. Get Al Gore up on the stand. It would be wonderful to see him sweat and stammer.

[hermgem]

It’s a wide open opportunity presented by Schumer to go nuclear as there are no emissions and therefore no global warming.
It’s time to shed this by Hollywood generated negative image of nuclear energy generation.
No coal, no oil, no natural gas usages, do what the French are doing by generating 80% of electric power via a clean and nuclear way.

[Farmer Dean]

Now that is really unfortunate.Maybe it’s better that the folks in New York get a full dose of Spitzer now,might convince them to never again put one of these weasels in a position of authority.

[muawiyah]

Spitzer was already in the business of shaking down nonprofit groups that competed with his wife's charities. If she didn't like them, he'd have them investigated and hauled into court on trumped up charges.

A guy like that probably thinks he can get away with imposing a CO2 scam on everyone in NY.

If he were a tad younger he'd been pushing Laetrile as a surefire cure for cancer.

[P-40]

Get Al Gore up on the stand. It would be wonderful to see him sweat and stammer.

He got hit with a hard question at the House Global Warming hearings in March but I think the Xanax kept him pretty calm.

[steveab]

DO I HAVE A DEAL FOR YOU!
You can own a”Home CO2 Climate control System” and save a bundle on your utilities bill. “Let my Home CO2 Climate Control” Computer model show you how much you will save.*
Here how it works.
We all know that if you increase the CO2 in the atmosphere less heat energy will escape. You have the same type of atmosphere in your home as outside your home. So, if you double or triple the amount of CO2 there will be a corresponding decrease in amount of energy needed to heat your home.

Likewise, if want to cool your home, the “home CO2 Climate Control System” will remove heat trapping CO2 and allow more heat energy to escape.

Sale price is just $4500.00 plus a $75.00 monthly maintenance agreement.**

Here the best part. Once we have the CO2 cap and trade in place the power companies will pay me $5000.00 per unit built (not Sold he he ha ha). of course the power companies will just pass that cost right back you in rate increases.

President and CEO of HCCS, Inc.

Your buddy AL

PS
Got to fly. I’m meeting with GE, Big Banking firms and some commodities brokers to plan lobbing. ( Arm Twisting with Money)
* There is no peer reviewed studies available for my computer model. JUST TAKE MY WORD FOR IT.
** Base on a 1000 sq ft house.

[TenthAmendmentChampion]

There’s a part of the novella Rasselas where the prince and his sister visit an astronomer, who has come to believe he rules the stars and planets. He has an obsession about it. Hmmmm....

“‘I have possessed for five years the regulation of the weather and the distribution of the seasons. The sun has listened to my dictates, and passed from tropic to tropic by my direction; the clouds at my call have poured their waters, and the Nile has overflowed at my command. I have restrained the rage of the dog-star, and mitigated the fervours of the crab. The winds alone, of all the elemental powers, have hitherto refused my authority, and multitudes have perished by equinoctial tempests which I found myself unable to prohibit or restrain. I have administered this great office with exact justice, and made to the different nations of the earth an impartial dividend of rain and sunshine. What must have been the misery of half the globe if I had limited the clouds to particular regions, or confined the sun to either side of the equator?’”

[TenthAmendmentChampion]

You're exactly right about inflation. The Fed can play with money supply all they want, and I guess they really control the housing market (and the prices of homes) since they gave all us homeowners that giant wedgie last year, but they don't and can't control the cost of oil or gold. Unless someone with a brain gets control of spending, inflation looms ahead like a 100-car crash in the fog on Hwy 99.

[sonic109]

the whole co2/ global warming thing is a fraud my friend.

[Lancey Howard]

LMAO!!!
Bend over and grab your ankles, residents of New York.
You get what you elected, you get what you deserve.

[Lancey Howard]

I read a couple of years ago (NY Post, IIRC) that Schumer and Spitzer are fiercely competetive, each envisioning himself as the first Jewish President. I kid you not.

[pepsionice]

The amazing thing is...no one is building power stations at all. The only nuclear plant applications currently in the system....are for TVA in Bama...which the plan will be to build two new ones within seven years.

I can see a point within five years where huge electrical problems exist....and governors are fired because of their incompetence...and some mad rush starts up to build coal-plants at any cost.