Posted on 06/29/2009 9:57:31 PM PDT by freespirited
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Speaker Pelosi's National Energy Tax: More Mandates, More Regulations, More Costs Posted by Jessica R. Towhey on June 26, 2009 Speaker Pelosis national energy tax is going to raise electricity prices, increase gasoline prices, and ship American jobs overseas to countries like China and India. This, we know. It would be a bureaucratic nightmare overseen by a confusing web of government agencies that would take and redistribute trillions of dollars from family budgets and workers payrolls. This, we also know. Even Agriculture Committee Chairman Collin Peterson (D-MN) admitted in the Washington Post this morning that: The truth is, nobody knows for sure how this is going to work. How encouraging. But what dont we know? Here are some facts you may not know about Speaker Pelosis national energy tax: Homebuyers Beware. Trying to save up for a new home? You may have to save up a little longer for your purchase. The Democrats bill would dramatically increase new home costs by mandating Californias expensive new building codes for the entire nation. Immediately upon enactment, the Democrats bill would demand a 30 percent increase in energy efficiency for new construction. A couple of years later, the Democrats bill would require an additional 50 percent improvement. These numbers were chosen with no concern for cost to consumers or feasibility in implementation. Homebuilders Beware. The Democrats bill imposes new mandatory regulations and civil penalties for homebuilders. If your state refuses to accept the stringent and costly California building codes, the federal government may assess penalties. And dont get too comfortable with the new mandatory regulations because the Democrats bill allows for consensus-based codes to supplant those outlined in the bill. So, as soon as youve invested your hard-earned money to comply with the bills mandates, the rug could get pulled from underneath you. Translation? Youll pony up more and more money. Home Sellers Beware. Having a hard time selling your home? Heres one more hurdle to jump: all homes sales are conditioned upon an energy audit and a new energy rating assessment and energy labeling program for your home thats outlined in the Democrats bill. And if you thought you could improve your property with a fresh coat of paint and some granite counters? Think again! Now your home will be subjected to a new energy rating assessment and energy labeling program that will penalize you for older windows, original fixtures, and dated appliances. So the Democrats bill would bring down the value of your home! New Lights No Matter the Cost. As early as 2012, the Democrats bill eliminates all existing lighting technology used in many outdoor lighting fleets (parking lots, stadiums, secured facilities like power plants and factories). Just as an example, switching to the mandated technology in the bill will cost one small utility about $30 million in annual revenue. So you now have to comply with the new mandates for new lighting? Hold the phone. It is not clear that a feasible alternative technology is available for every existing lighting application regardless of cost which could force some businesses to close. The consequences of Speaker Pelosis national energy tax for families and small businesses are real. It will drive up energy costs, send millions of jobs to countries like China and India, and place an especially heavy burden on rural America. There is a better way. House Republicans have proposed the American Energy Act, legislation that represents the fastest route to a cleaner environment, lower energy costs, and more American jobs. The legislation would:
Todays vote on Speaker Pelosis ill-advised national energy tax will have consequences for every American. It is a bad deal for America. And the American people will remember how their Members of Congress vote. |
This should do wonders for the real estate meltdown.
/s
It would be more appropriate to begin calling Peloser “Dear Leader.”
R-E-V-O-L-U-T-I-O-N !!
Have we heard what he is doing to make sure the 8 rinos know their actions have consequences? Nope
Have we heard from Boehner about vision ? Nope
Has Boehner offered alternatives in a clear and unambiguous voice? Nope
As long as he is in his position, get along go along Bob Michel types predominate and we are screwed
Starve these idiots of resources and money and let them know why you are on the sidelines; it is the only way. When they gear up in 2010 and realize there is nothing in the kitty, then maybe they will get the message
I’m a General Contractor in far South Florida. Over 30 years building custom single family homes. A back of the envelope calculation on the costs that will increase the price of a new home is an additional 12%-15%. Your $500K home is now a $575K home and the extra cost will not be recouped in your lifetime through energy “savings”.
bump
We are thinking about selling our place later this year. I shudder to think what the “retrofit” would add to the cost had we not already changed out the windows (18K). But we dont have all Energy Star appliances, so we could easily be out a few grand if this passes the Senate.
These idiots have never grasped the law of unintended consequences. They never will ... until the day comes when they wake up and find that they have put themselves out of office by passing outrageous bills like this one. Now that’s an unintended consequence I can live with.
Can't just leave anything alone can they? I have a better plan, repeal most of the frickin' EPA regulations we have now, dump the EPA and all state related agencies. Keep the government out of our businesses and return the country to free enterprise capitalism. Neither of these bills is necessary. Tell the truth republicans and stop trying to "make a better bill" when no bill at all is needed. No global warming, no bill necessary!
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