Posted on 02/15/2013 3:41:29 PM PST by raptor22
Taxes: The president may try to satisfy both environmentalists and pro-growth blocs by tying the shovel-ready project curiously left out of the State of the Union to just-introduced carbon-tax legislation.
Having failed to lower the sea levels in his first term, President Obama, in the first SOTU of his second term, highlighted the need for fighting climate change and proposed an Energy Security Trust Fund to siphon off money from those who actually produce abundant and useable energy to fund alternative energy sources which constitute a rounding error in the percent of energy produced by various sources.
Two days later, Senators Barbara Boxer, D-Calif., and Bernie Sanders, I-Vt., dutifully introduced carbon tax legislation to put the nail in the coffin of those fossil fuels President Obama blamed for causing Superstorm Sandy, droughts and floods, stopping just short of a plague of locusts.
The bill would impose a $20-per-ton fee on so-called carbon polluters allegedly driving climate change.
"The leading scientists in the world who study climate change now tell us that their projections in the past were wrong; that, in fact, the crisis facing our planet is much more serious than they had previously believed," Sanders told a news conference in the Senate environment committee hearing room.
Well, except for noted climate experts like actress Daryl Hannah, arrested Wednesday in front of the White House protesting the Keystone XL, we can't think of any that agree with Sanders.
(Excerpt) Read more at news.investors.com ...
NO DEAL!
Monetizing thin air can be nothing but a disaster.
More money sucked out of productive free-enterprise companies to subsidize money-losing “green ideas”. Great.
Jobs at $1 Million each - this is Obama’s idea of a recovery.
Meanwhile the debt just keeps growing ... and growing ...
The pipeline will come anyway.
No Compromise!
Its a fool’s game, a masterful sleight of hand.
Once you assert successfully the power to license and control “carbon”, which is to say, the air you breathe, you have successfully asserted ownership and control of the entire economy and every living breathing person in the country.
He gives “permission” to build a pipeline with one hand and takes ownership of it and everything else in the same motion.
Produce and ship our oil and stick your carbon tax up your backside!!!!
There ain’t no global warming caused by man!!!
Think of how easy wealth redistribution becomes after monetizing thin air.
Exactly.
That's a pretty damned good metaphor.
A carbon tax will further skew the production structure of American business. Every activity that emits carbon will be scrutinized for its necessity and will be eliminated or scaled back if possible.
The effects will be similar to what we've already witnessed with the new EPA regs on coal-burning powerplants. Many are just being shut down with no replacements planned.
A carbon tax will do the same -- just spread over the entire business spectrum thus making it harder to spot the damage. Small businesses and marginally-profitable enterprises will just shut down. Larger ones will shift production into areas with less carbon "exposure". People will lose jobs, markets will lose customers, and the economy will be further thinned out.
Some advocates for the tax will insist that business will just pass along the costs to consumers but that's not true. If they could raise prices without losing sales, they already would have.
A carbon tax is very dangerous. If Obama proposes it as the requirement to approve the pipeline, we must all say, no.
We can work around the lack of a pipeline; but we can't live with a carbon tax in any manner we've become accustomed to. It's line-in-the-sand time.
Carbon is the reason O is president. He is going to keep coming after this again and again until he gets it. If he fails, his puppeteers will find another puppet. They will never give up until they get it.
There are trillions of dollars to be made, laundered, invented out of thin air, and the political control this gives is absolute.
How many cows in your field. How many people in your house.
The people behind O have big ambitions. They are quite open about it when they think they are talking among themselves.
Just say NO.
Simply wait for 0dumbo to be gone. Do everything else to get ready. Let huckfead 0bama know that this economy boost won’t come until he’s gone.
That sombitch.
IBD EDITORIAL PING
Trillions of dollars to be made as our country is destroyed. Those are the goals of Obama’s handlers.
IBD EDITORIAL PING
Guess what? Starting this May, if you live in the northern half of the country and have a new furnace installed in your house, it has to be something like 95% efficient. It will cost you a lot more than ones that are almost as efficient, and in older homes, it will require extensive alterations in the home to install it.
Read some of the comments at this forum:
https://www.acca.org/archives/industry-resources/government-affairs/hot-air/5808
The tougher standards will apply only in the northern states, and it is still possible the EPA will back down. However, if you live up north and think you might need a new furnace soon, I would certainly keep an eye on the developments.
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