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Fuzzy Math - According to an MIT study, cap and trade could cost the average household more...
WEEKLY STANDARD ^ | 04/22/2009 | John McCormack

Posted on 04/25/2009 8:51:28 PM PDT by neverdem

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1 posted on 04/25/2009 8:51:28 PM PDT by neverdem
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To: neverdem
But on March 24, after interviewing one of the MIT professors who conducted the study on which the GOP relied to produce its estimate, the St. Petersburg Times fact-check unit, Politifact, declared the GOP figure of $3,100 per household was a "Pants on Fire" falsehood. The GOP claim is "just wrong," MIT professor John Reilly told Politifact. "It's wrong in so many ways it's hard to begin."

I'm sure it's wrong, too. It's probably too low.

2 posted on 04/25/2009 8:58:25 PM PDT by metmom (Welfare was never meant to be a career choice.)
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To: neverdem
ANYTHING that costs cash strapped (many unemployed and some fearing unemployment on a daily basis) citizens will be an excessive burden.

Surmising the endless stream of available government money is translated by goverment bean-counters as likely the same for American households. They would be WRONG and severely underestimating the burden they will be creating.

3 posted on 04/25/2009 9:01:45 PM PDT by MamaDearest
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To: neverdem

I think glo-bull warming is one of the biggest pieces of crap to come down the pike in a long time - but - the first part of a book titled “how to lie with statistics” which was written in the 30s and which I got from my grand pa - deals with never letting yourself be roped into revealing the mean.

Always, always, always use averages if you intend to deceive.

There aren’t good enough numbers in this to evaluate it.
But the strict use of averages makes it highly suspect. Let the DUmmies do the spinning.


4 posted on 04/25/2009 9:05:16 PM PDT by MrEdd (Heck? Geewhiz Cripes, thats the place where people who don't believe in Gosh think they aint going.)
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To: MamaDearest

“ANYTHING that costs cash strapped (many unemployed and some fearing unemployment on a daily basis) citizens will be an excessive burden.”

But, of course, it will be a bigger burden for women and minorities.


5 posted on 04/25/2009 9:05:33 PM PDT by Rembrandt
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To: neverdem

With all the nObama prosperity that should be flooding the nation, it will be a mere pittance for each household to cough up another $260 a month!

Extreme Sarcasm.


6 posted on 04/25/2009 9:14:23 PM PDT by Reddy
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To: metmom
I'm sure it's wrong, too. It's probably too low

put any number on it, still wont reduce the emissions that will still be allowed, they will just have to be bought and sold...

the rest of the dirtiest polluters will remain, and until the sun decided to change its cycle we'll warm or cool as it sees fit...

7 posted on 04/25/2009 9:48:41 PM PDT by Gilbo_3 ("JesusChrist 08"...Trust in the Lord......=...LiveFReeOr Die...)
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To: wardaddy; Joe Brower; Cannoneer No. 4; Criminal Number 18F; Dan from Michigan; Eaker; Jeff Head; ...
A Gannett paper allowed this guest OpEd in Missouri.

Well-informed voters must not allow laws for cap-and-trade

Don’t Waste Time Cutting Emissions NY Times guest OpEd

Will California Shuck Corn Ethanol?

Some noteworthy articles about politics, foreign or military affairs, IMHO, FReepmail me if you want on or off my list.

8 posted on 04/25/2009 9:58:09 PM PDT by neverdem (Xin loi minh oi)
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To: neverdem

Great Post, everyone should read this.

This is still a huge understatement in the cost, Manufacturers aren’t going to get some of the money returned to them, and if they did it would be a world trade organization violation.

Bottom line, you can say bye to manufacturing.


9 posted on 04/25/2009 10:05:12 PM PDT by dila813
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To: neverdem

Thanks for the ping!


10 posted on 04/25/2009 10:06:14 PM PDT by Alamo-Girl
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To: neverdem
There was a very good argument against Cap and Trade yesterday on the radio. The ham sandwich argument.

While Cap and Trade will affect energy consumers in slightly higher electric bills, gas and oil costs, it affects businesses across the country with higher overhead costs which in the end will be passed on to consumers, clients and patrons everywhere and in every enterprise.

The farmer's cost growing wheat increases, the baker's cost of baking the bread increases, the packing house's cost of baking the ham increases, the distributor's costs increases and your lunch goes from $5 to $10 in the stroke of a pen.

Ain't gonna be 99 cent McMuffins any more. Hasta la vista to free refills on coffee and drinks.

The $3200 figure is Low Ball.
11 posted on 04/25/2009 10:37:12 PM PDT by BIGLOOK (Keelhaul Congress! It's the sensible solution to restore Command to the People.)
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To: All
So, using this MIT logic, taxes don't cost me anything because I get them all back?

A professor's view of Hillary's “We will take your money for the greater good” and the Great O’s “Redistribution of wealth” in action.

12 posted on 04/25/2009 10:37:32 PM PDT by az_gila (AZ - need less democrats - one Governor down... more to go.)
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To: neverdem
The only way that money does not get recycled to the "average" household is if it is spent on something that provides no useful service for anyone--that it is true government waste.

If I was a betting man that is where I would put my money. For example

Congressional Democrats have left the door open to spending the revenues to "invest in clean energy jobs and cost-saving energy efficient technology," as Rep. Markey's staffers have written.

Democrats trolling for campaign cash by sending tax dollars to useless start ups that could not make a profit with out government subsidy

13 posted on 04/25/2009 10:43:35 PM PDT by Pontiac (Your message here.)
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Yes, that cap and trade program Europe sure has has been a real winner. One need only look to Europe to see both why America still needs coal, and how cap-and-trade policies are doomed for failure. The European Union’s cap-and-trade program is in complete collapse as much of Eastern Europe, Italy, and Germany are all demanding exemptions from their carbon limits. Not only has the EU’s cap-and-trade failed to actually reduce carbon emissions, but even if the reductions were met, they would have no impact on world temperatures. Meanwhile, Germany plans to build 27 coal-fired plants by 2020. Italy plans to increase its reliance on coal from 14% today to 33% in just five years. In all of Europe, 40 new major coal power plants are set to be built in the next five years.

While the rest of the world is adding power supply, we are subtracting it. Obama’s allies at the National Resources Defense Council have stopped construction on 65 coal plants and 13 natural gas plants nationwide. Right now, the U.S. has 760 gigawatts of power to meet consumption. We will need 135 gigawatts of new capacity over the next decade to keep the lights on, but right now only 57 gigawatts of power are planned. Coal supplies almost half of our nation’s electricity and more than 20% of our nation’s total energy consumption. We need more coal plants, not less. Despite decades of subsidies, alternative energies such as wind and solar power contribute only 1% of our nation’s energy needs. http://www.qando.net/details.aspx?Entry=9626
Now if you listen to Obama’s little SF spiel, he said that he would institute a “100%” system. That means no exemptions. None. OBAMA TELLS SAN FRANCISCO HE WILL BANKRUPT THE COAL INDUSTRY http://www.youtube.com/watch?v=Hdi4onAQBWQ There’s a reason I consider Gore the most dangerous man alive. Here is Al Gore’s 5 step, economist sanctioned plan to save the world and America’s economy.
http://www.qando.net/details.aspx?Entry=9675


14 posted on 04/25/2009 10:50:29 PM PDT by anglian
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To: anglian

OBAMA: “So if somebody wants to build a coal-powered plant, they can. It’s just that it will bankrupt them because they’re going to be charged a huge sum for all that greenhouse gas that’s being emitted. … You know, when I was asked earlier about the issue of coal, uh, you know — Under my plan of a cap and trade system, electricity rates would necessarily skyrocket. Even regardless of what I say about whether coal is good or bad. Because I’m capping greenhouse gases, coal power plants, you know, natural gas, you name it — whatever the plants were, whatever the industry was, uh, they would have to retrofit their operations. That will cost money. They will pass that money on to consumers.”

Here the links and reports of cap-and-trade in Europe. The European Union’s cap-and-trade program is in complete collapse as much of Eastern Europe, Italy [8], and Germany [9] are all demanding exemptions from their carbon limits. Not only has the EU’s cap-and-trade failed [10] to actually [11] reduce carbon emissions [12], but even if the reductions were met, they would have no impact on world temperatures [13]. Meanwhile, Germany plans to build 27 coal-fired plants by 2020 [14]. Italy plans to increase its reliance on coal from 14% today to 33% in just five years [15]. In all of Europe, 40 new major coal power plants are set to be built in the next five years [14].
http://blog.heritage.org/2008/11/03/morning-bell-he-left-the-truth-in-san-francisco/print/


15 posted on 04/25/2009 11:04:46 PM PDT by anglian
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To: neverdem

Cap & Trade: Even More Expensive Than Thought The fact is, cap and trade is going to cost taxpayers significantly more than the measly $13/week tax cut that the Democrats and the left are so excited about. While the $3,900 cost cited by John McCormack is an accurate accounting of what Reilly’s study portends, even that is probably an unrealistically low estimate.
http://www.qando.net/?p=2214


16 posted on 04/25/2009 11:22:33 PM PDT by anglian
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To: neverdem

I get it!

Taxes don’t cost anybody ANYTHING, because the government is going to SPEND the taxes on GOOD THINGS!


17 posted on 04/26/2009 1:17:46 AM PDT by Arthur McGowan (If Bishop D'Arcy finds out a priest is molesting kids, he will boycott the parish's Fall Supper!!!)
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To: az_gila

You got it! Taxes don’t cost anything. In fact, because the government spends the money it collects BETTER than you would have, the more you are taxed, the RICHER you get!


18 posted on 04/26/2009 1:19:29 AM PDT by Arthur McGowan (If Bishop D'Arcy finds out a priest is molesting kids, he will boycott the parish's Fall Supper!!!)
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To: neverdem

Whatever the true cost, this cap and trade baloney is like attaching a one pound or more weight to the leg of sprinter, and then claiming the runner can still run almost as fast as he or she could before the weight was put on. The question is: why put the weight on in the first place?


19 posted on 04/26/2009 1:57:09 AM PDT by driftless2 (four)
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To: Arthur McGowan
"GOOD THINGS"

You'd be surprised at how many people believe that. Or maybe you wouldn't. I've talked to Dems who get absolutely apoplectic when I tell them that they can spend their money better than the government can. For these people, the government (in the hands of Dems of course) is all-wise and all-knowing.

20 posted on 04/26/2009 2:01:11 AM PDT by driftless2 (four)
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