Posted on 07/07/2009 7:04:05 PM PDT by jessduntno
Beware of Cap and Trade Climate Bills
These measures would set a limit, or cap, on carbon dioxide emissions from fossil fuel use. The effect of such a cap would be to impose rationing of coal, oil, and natural gas on the American economy. Each covered utility, oil company, and manufacturing facility would be given allowances based on past emissions or some other formula. Those companies that emit less carbon dioxide than permitted by their allowances could sell the excess to those that do not; this is the trade part of cap and trade. Over time, the cap would be ratcheted down, requiring greater cuts in emissions.
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The Slippery Slope
It is a near certainty that the first climate bill enacted will not be the last one. In fact, most major environmental organizations have already criticized S. 2191 and other pending global warming bills as inadequate, or as at best "a good first step." The economic impacts of S. 2191, though substantial in their own right, could be a mere down payment toward costlier subsequent measures.
Conclusion
Cap and trade bills are nothing short of a government re-engineering of the American economy. And S. 2191, with its aggressive targets to reduce emissions from fossil fuel use, would put the nation on a path of serious economic harm not justified by any benefits.
Ben Lieberman is Senior Policy Analyst for Energy and the Environment in the Thomas A. Roe Institute for Economic Policy Studies at The Heritage Foundation.
(Excerpt) Read more at heritage.org ...
Isn't this like calling an abortion clinic a "Family Planning Center?"
Why not call it the Electricity and Energy Tax Bill so people can get their heads around it? I still hear people asking what it is and they do not understand what an insidious slide it will put us into. This one really could slam us with a tidal wave of tax and price increses that will nail each and every one of us to the wall. Why do we always allow the left to define the terms and then we use them? I duntno, isn't this something we can really do, even if we can't get it into the news broadcasts, at least refer to it as the Electricity and Energy Tax Bill so at least people who don't understand might say "why do you call it that?" or What is that?" which gives us an opening?
Because it’s easy to feed the retard masses propaganda.
Have you not heard????
It’s now “The United States of Entertainment”
They never get their heads around it till the bill is due!....
Id prefer to say....do u want to go green?...
if so...I'm gonna double your electricity bill...
if u cant afford it...here's your free candles!!!
Where are the ENERGY companies on this ?
Why isn’t there mailouts coming in my next Bill from the Electric Company ?
Electric Companies do NOT lobby against coming Price Increases ?
Where are the Electric Companies on this proposed Consumer Nightmare ?
The problem here is that the only alternatives are kept off the table (nuclear, coal, and natural gas), which means that in addition to the taxation, supplies will drop, which will push prices even higher.
To put it bluntly, this crap violates the "rules" of government intervention in trying to make social policy. What this bill does is try to cripple to economy, cripple industry, and jack prices up to the point where the middle class will be eliminated, and there will be massive social unrest.
This bill is a blatant attempt to destroy the nature of the American government and society, and replace it with an authoritarian, communist (not socialist) government.
Mark
You've covered it very succinctly!
Yesterday a wheeler/dealer type guy that we know pulled up in his brand new pick-up, it still had the paper tag. He wanted us to consider letting his company put wind turbines on our land. We just let him talk.
By the end of our conversation, we find out that the company is BP and they are interested in it for carbon credits. They already have TARP money and BLM and state leases and our 720 acres is right in the middle of it all.
All of this stuff has taken months to put together and they act like Cap and Trade has already passed and is the law of the land.
Where are the ENERGY companies on this ?
See answer to last question.
Why isnt there mailouts coming in my next Bill from the Electric Company ?
See answer to last question.
Electric Companies do NOT lobby against coming Price Increases ?
See answer to last question.
Where are the Electric Companies on this proposed Consumer Nightmare ?
It’s the CONSUMER’s nightmare - not theirs.
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