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Oregon’s massive cap-and-trade bill inches forward
The Oregonian ^ | June 6, 2019 | Ted Sickinger

Posted on 06/06/2019 1:15:42 PM PDT by nwrep

The “Clean Energy Jobs Bill,” as backers have dubbed it, is one of the most sprawling and potentially impactful pieces of legislation to ever come before Oregon lawmakers. It envisions a wholesale reduction in Oregonians’ use of fossil fuels, and an associated decrease in greenhouse gas emissions equivalent to 80 percent below 1990 levels by 2050.

Almost three quarters of the revenues expected from the bill would come from increases in transportation fuel prices. The Legislative revenue office expects that to translate to about to about 22 cents a gallon increase at the pump in 2021, when the policy kicks in, increasing to 78 cents a gallon 10 years later and $3 a gallon by 2050.

The Legislative Fiscal office also completed an analysis showing the 54-employee bureaucratic apparatus required to implement the bill would cost about $23 million in the coming two-year budget cycle, with potentially significant increases in future years.

The assumption is that that the policy will cause Oregonians to gradually, but completely convert to electric passenger vehicles by 2050. That’s considered the most important driver of projected emission reductions.

Likewise, policy makers are predicting that the bill’s impact on natural gas prices will result in wholesale increases in energy efficiency. Industry groups project a 12 percent rate for residential consumers by 2021 increasing to 40 percent by 2035.


TOPICS: Business/Economy; News/Current Events; US: Oregon
KEYWORDS: climate; energy; oregon; taxes; tyranny
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1 posted on 06/06/2019 1:15:42 PM PDT by nwrep
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To: nwrep

The west coast states seem to be suicidal. What utter idiots.


2 posted on 06/06/2019 1:21:48 PM PDT by mort56
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To: Salvation

Oregon ping


3 posted on 06/06/2019 1:22:13 PM PDT by goodnesswins (White Privilege EQUALS Self Control & working 50-80 hrs/wk for 40 years!)
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To: mort56

Leftists are suicidal satanists


4 posted on 06/06/2019 1:23:40 PM PDT by goodnesswins (White Privilege EQUALS Self Control & working 50-80 hrs/wk for 40 years!)
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To: nwrep

I would expect a mass exodus.


5 posted on 06/06/2019 1:25:13 PM PDT by Track9 (I mess up the bell curve.)
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To: nwrep

Just create a drastic cut in the cost of BROWN shirts and you are heading in the right direction.


6 posted on 06/06/2019 1:26:13 PM PDT by Mark (Celebrities... is there anything they do not know? -Homer Simpson)
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To: nwrep

[[[Almost three quarters of the revenues expected from the bill would come from increases in transportation fuel prices.]]]

A bullsh** tax increase disguised as something else.


7 posted on 06/06/2019 1:26:53 PM PDT by headstamp 2
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To: nwrep

It is not cap and trade.

It is cap and tax!


8 posted on 06/06/2019 1:28:23 PM PDT by Its All Over Except ...
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To: headstamp 2

And they will be shocked when revenues projections are not met because people unexpectedly change their lifestyles.


9 posted on 06/06/2019 1:30:58 PM PDT by Andyman (The truth shall make you FReep.)
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To: nwrep

The women NPC protesters say:

“3, 1, 4, 2, don’t be a fossil fool!”

“4, 7, 5, 8, Trump is so full of hate!”

“Fee Fi Fo Fum, Republicans are Nazi scum!”


10 posted on 06/06/2019 1:31:00 PM PDT by Its All Over Except ...
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To: nwrep

Republicans everywhere need to speak out loudly against this — to tell voters that it’s the Democrats who will be wrecking the economy — at the state level.


11 posted on 06/06/2019 1:31:17 PM PDT by Socon-Econ (adical Islam,)
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To: nwrep

Average age in photo: perhaps 16. Average IQ: perhaps 80.

I guess politicians will never learn. Ohio passed an Exit Tax years ago when manufacturing was leaving OH, mainly because of taxes and unionization, and heading South. Governor Celeste and other idiots passed a tax that required Ohio businesses that were closing their doors to leave behind 6 months worth of their wage bill as an Exit Tax. Several months later those same idiots were scratching their heads trying to figure out why there were no new business formations in the state.

Well, duh.

To their credit, OH quickly repealed the tax. Perhaps OR will likewise see their folly in this stupid bill.


12 posted on 06/06/2019 1:33:44 PM PDT by econjack
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To: econjack
To their credit, OH quickly repealed the tax. Perhaps OR will likewise see their folly in this stupid bill.

Repealing something that is part of their sacrament? No way will the Dems do that...

13 posted on 06/06/2019 1:35:37 PM PDT by nwrep
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To: nwrep

The assumption is that that the policy will cause Oregonians to gradually, but completely convert to electric passenger vehicles by 2050. That’s considered the most important driver of projected emission reductions.
************
Where is the electricity going to come from? Not likely from nuclear power. Solar cells in that rainy state? And you can bet that the NIMBYs will mobilize to block the infrastructure required to transmit the power.


14 posted on 06/06/2019 1:38:56 PM PDT by Socon-Econ (adical Islam,)
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To: mort56
its because of the idiots...that, plus people that don't know how to think critically....

who does this bill hurt?...the poor and the working class...

15 posted on 06/06/2019 1:39:58 PM PDT by cherry
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To: nwrep; All
These clowns should be protesting along the banks of the Ganges River.

https://images.app.goo.gl/8fLVP7VEZzz9jfrE7

16 posted on 06/06/2019 1:41:56 PM PDT by Cobra64 (Common sense isnÂ’t common anymore.)
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To: nwrep

Celeste was a Democrat. Maybe there’s hope...


17 posted on 06/06/2019 1:50:08 PM PDT by econjack
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To: nwrep
Australians pay four times what the U.S. pays for electricity.

It is mostly because the government has a policy of moving toward renewable energy.

It is insane.

Assuming it made any sense in the "Global Warming/Climate Change" debate,it is multiple times offset by the use of fossil fuels in China and India.

Australia supplies about a quarter of China's imported coal. China is the biggest producer of carbon dioxide on the planet.

18 posted on 06/06/2019 1:50:33 PM PDT by marktwain (President Trump and his supporters are the Resistance. His opponents are the Reactionaries.)
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To: nwrep

Notice:

They are practically all female..................


19 posted on 06/06/2019 1:51:46 PM PDT by Red Badger (We are headed for a Civil War. It won't be nice like the last one....................)
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To: Socon-Econ

Where is the electricity going to come from?
= = =

Capture that Eastern Oregon cow methane.

Can we convert it to electricity?

Without burning, chemically perhaps?

Or make the cows power a turnstile generator.


20 posted on 06/06/2019 1:52:32 PM PDT by Scrambler Bob (You know that I am full of /S)
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