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Carbon Taxes & Public Sector Pensions
EcoWorld ^ | 3/5/09 | Ed Ring

Posted on 03/05/2009 4:40:40 PM PST by Pru

About a year ago I participated for a few months with an industry group that was attempting to insert some rationality into what is probably the most irrational, extremist, dangerous, job-killing, regressive laws in the modern history of the United States, AB32, California’s Global Warming Act. Unlike renewable portfolio standards, which can at least be justified by virtue of their potential to improve the U.S. balance of trade and promote energy independence, California’s global warming act is based on uncertain science and propelled by political opportunism. It is an utterly futile gesture, and even if it weren’t, most of the regulations being solidified regulate land use and manufacturing - because that’s where the money is from fees - even though the projected potential greenhouse gas reductions in those areas are relatively trivial compared to simply improving vehicle efficiency. If California’s AB32 isn’t repealed, it will be an unmitigated disaster.


TOPICS: News/Current Events
KEYWORDS: publicpensions

1 posted on 03/05/2009 4:40:40 PM PST by Pru
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To: Pru; Entrepreneur; Defendingliberty; WL-law; Genesis defender; proud_yank; FrPR; enough_idiocy; ...
Carbon Taxes & Public Sector Pensions

 




Beam me to Planet Gore !

2 posted on 03/05/2009 4:48:28 PM PST by steelyourfaith (Yo, Washingtonians, the American people called. They DEMAND their country back.)
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To: steelyourfaith

“The solution: Unions in the public sector must be strictly regulated. They must be banned from participating in political activity, for starters. And from now on, public sector employees can get social security and medicare just like the American citizens they supposedly serve. If not completely liquidated, public employee pension funds should be phased out, existing only to fulfill some realistically scaled back obligation to existing public sector retirees or those nearing retirement.”

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Interesting article and in an unlikely forum.


3 posted on 03/05/2009 4:53:51 PM PST by sinanju
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To: Pru

"The dreadful policy proposals will continue until the market rallies."

4 posted on 03/05/2009 6:07:52 PM PST by sourcery (Obama Lied. The Economy Died!)
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