Folks, ‘climate change’ means big money for certain interests. It’s the new ‘green’ technology, but bogus as a three dollar bill. We are at the point now where dissenting opinions notwithstanding, Obamanation is going to entice the Democratic controlled congress to carry us down another road of no return. First the bank bailouts, then the insurance bailouts, then the securities bailouts, then the auto bailouts (coming soon) and now on top of the taxes we will be seeing for nationalized health care, we got to pay for passing gas (see my upcoming article if you don’t believe me). Of course though, what difference does it make to the fat cats in Congress who already are millionaires? This cap and trade will be ‘consumer hostile’ legislation where the costs will be born by you and I.
The Environmental Protection Agency concluded Friday that greenhouse gases linked to climate change “endanger public health and welfare,” setting the stage for regulating ‘greenhouse gases’ under federal clean air laws. This EPA action marks the first step toward imposing limits on pollution linked to climate change, which would mean tighter rules for cars and power plants. Agency officials cautioned such regulations are expected to be part of a lengthy process and not issued anytime soon.
Hogwash, Obama is trying to cram everything he can into the agenda sent to the Congress so he is sort of shooting for the moon and hoping to catch a ride on a meteor before he crashes and burns. He has already told congress: “Send me legislation that places market based cap on carbon pollution.”
Sen. Barbara Boxer, D-Calif., whose Environment and Public Works Committee is considering climate legislation, said the EPA finding—stalled by the Bush administration—is long overdue but that “the best and most flexible way” to deal with the problem is for Congress to take action on a broader approach.
In other words folks, Congressmen are serious about us sending them to Washington to lead, though apparently it does not matter if the path ‘leads’ over a cliff. ‘Broaden’ the brush strokes, grab onto every possibility. Make it so huge that the frazzled taxpayers will be bedazzled when they ‘cut’ down the proposed a mite such that the Congress will seem like veritable fiscal conservative geniuses.
The EPA also said in its finding that “in both magnitude and probability, climate change is an enormous problem” and that carbon dioxide and five other greenhouse gases “that are responsible for it endanger public health and welfare within the meaning of the Clean Air Act.” The EPA concluded that the science pointing to man-made pollution as a cause of global warming is “compelling and overwhelming.”
Of course, the EPA would feel this way, since Obama specifically told them to feel this way, or else. “The Boss told us to get on the bandwagon, any dissenters, don’t let the door hit you on the way out.” Contrary to the ‘overwhelming’ evidence that this ‘climate change is natural, liberal pundit after liberal pundit counters with the talking point that we have to allow that it might be ‘man-made’, and “even if it proves to be natural change, we will have averted disaster since we could not be certain.” Animal farm come to life.
The Bush Administration stalled this crap for 8 years. Now that Obamanation is in, the taxpayer has it coming from all sides. Doubtless the next thing the liberal wags will do is take Obama out and set him down in a chair on the ocean shore so he can command the tide not to rise. Why do they need cap and trade? Obama ran on a Messiah platform. 52% of the lemmings believed him, and they are lining up to see who can get over the cliff first.
For those folks out there who do not understand the ramifications of ‘cap and trade’:
Under a cap and trade system, a government authority first sets a cap, deciding how much pollution in total will be allowed. Next, companies are issued credits, essentially licenses to pollute, based on how large they are, what industries they work in, and so forth. If a company comes in below its cap, it has extra credits that it may trade with other companies. In other words this is gonna be great for the country according to Obama since most industries will need additional credits so they can buy them from the ‘green’ industries. I’ll give them this; it’s a great way to fund new industries that cannot stand on their own feet.
For companies that come in below their caps (new ‘green’ guys), a cap and trade system is great, because they can sell their extra credits, profiting while reducing their pollution.
For companies that cannot get their pollution under control, a cap and trade system penalizes them for their excess pollution while still bringing overall pollution rates down. In a sense, the need to purchase credits acts as a fine, encouraging companies to reduce their emissions.
These systems are most commonly used for carbon emissions, leading people to refer to it as “carbon trading,” and there is a potential for a global carbon trading market, in which more efficient nations could trade (sell, dumbo) credits with other countries.
A cap and trade system still requires regulation. (Obviously). Government agencies must monitor emissions from companies to ensure that they are reporting their emissions truthfully, for example, and companies can still be fined for releasing harmful pollutants into the atmosphere, water, or soil. Cap and trade systems also supposedly benefit from investment in alternative energy on the part of the government, providing additional incentive to convert to more energy efficient and less polluting ways of generating energy to run companies, from paper mills to computer manufacturers.
Obama finally agreed that the Cap and Trade he espouses will bankrupt the Coal industry. It will also make your electric bill skyrocket as the utilities will be forced to use inefficient, horribly expensive ways to produce energy to keep their carbon down.. Get ready, this is gonna hurt.
Brother Al is already the perfect example of this farce as he already uses far above what the average person will use in energy, but he is wealthy enough to buy‘carbon credits’ to keep himself ‘carbon neutral’ and show himself less of a hypocrite. What will the little guy do when the carbon industry finally starts on residential?
Once again the fat cats get the caviar.