What’s the rush?

What’s the rush with “Cap and trade”?

This is what I was asking myself while en route to the mountains last weekend. The news was on the radio and the normal discussions were going on in regard to all things political. Currently, Legislation is being developed regarding “Cap and trade”Let’s take a look at it.

“Cap and trade” refers the Waxman-Markey legislation that, If passed into law, Each large-scale emitter, or company, will have a limit on the amount of greenhouse gas that it can emit. The firm must have an “emissions permit” for every ton of carbon dioxide it releases into the atmosphere. These permits set an enforceable limit, or cap, on the amount of greenhouse gas pollution that the company is allowed to emit. Now as far as the “Trade” It will be relatively cheaper or easier for some companies to reduce their emissions below their required limit than others. These more efficient companies, who emit less than their allowance, can sell their extra permits to companies that are not able to make reductions as easily.
OK. Very noble as I am up here with my laptop gazing at a Bass filled Lake. However, Is this an emergency? In my view, No it is not. There can be no doubt that this is going to raise energy prices and damage the already battered economy. Current estimates by the Non Partisan Congressional budget office suggest a price in the range of $872.8 Billion to $885 Billion for the years between 2010 and 2019. Others say it is going to be far higher. This bill will be charged to the energy user, Do not be fooled by anyone suggesting otherwise. In addition, This money will come directly out of the economy reducing peoples ability to spend more. There are those that suggest that our dependency of foreign oil will even increase! Adding to this, Nobody that signed on this in the House of Representatives even read it before the vote! The purpose of this legislation is to basically address the emergency of “Global Warming” now called “Climate change”.  But does Global warming even exist? There are many skeptics who say that it does not. There are many that suggest that it does. Perhaps we as a nation should first do studies with ALL the experts except for only the ones that support this legislation. Add to that that I want to know how many backers of this stand to make money off this Bill passing and I don’t mean just Nancy Pelosi and Al Gore. I want names because I personally don’t buy it. But let’s assume I am wrong. What is the rush in passing something so large and profound? Should we not take our time and get it right the first time? And what if some of the critics are right in that we are heading for a cooling trend? I am all for cleaning up the evironemnt as much as possible. But I don’t think we should wreck our economy in the process.

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76 Comments

  • mart58 says:

    Alan Carlin was just on Fox & Friends, interesting that what he had to say about the global warming theory was totally thrown out the window by his EPA bosses. It seems if you have a different view of things based on your research it is null and void if it doesn’t fit the current administrations world view. Why must we rush into this when the data is incomplete,when dissenting views are arbitrarily dismissed without even delving into their theories. If we are warming,then why is the earth’s temperatures been relatively flat for the last 8years?

    • John Galt says:

      The complete intolerance for and supression of dissenting views by this administration is so un-American and outrageous it is appalling. I guess that’s why he get along so well with Hugo.

      • USA not USSA says:

        I just caught the end of it. Thanks for filling me in on the rest. :)

        • USA not USSA says:

          Do you think anything will come of this? Could the study possibly be presented to the Senate before they vote? He was asked to do the research, it seems the Senate would want to hear the findings.

      • Past administrations also have stifled dissent one way or the other. It doesn’t justify it, but to say Obama is the first in a while is irresponsible.

        • John Galt says:

          He’s taking it to a whole new level Adam, and that is what is irresponsible. The MSM is completely in the bag for him, yet he whines on national TV about Fox being negative. Apparently he expects all the media to bow at his feet. That is very telling – extreme narcissists cannot deal with any level of dissenting opinion.

    • That’s certainly not exclusive of the Democrats though, or liberals. Either way, it does not justify it. (Funding of institutional research using fed funds also gets political.)

    • George W says:

      Kind of like being in Iraq, huh? I guess you were condemning George Bush, Tom Delay and company for their unamerican behavior and squshing any dissent. Your thinking is what has destroyed this country. In case you haven’t noticed, a vast majority of this country disagrees with your lunatic rants. Rebublicans are in the extreme minority in Congress. It is not unamerican, it is our system of government where the majority rules. A vast majority of America doesn’t agree with you and the people they have elected to Congress are voting those lines. Just because you aren’t getting your way when your voice is in shambles doesn’t mean Obama shows intolerance. IT IS WHAT THE COUNTRY WANTS! The country wanted consertives and mass spending starting in the 90s and sent Newt and company to the hill. Then that turned out to be a miserable failure in the eyes of the electorate, so they threw them out. Unamerican. Please, fool. It’s called democratic government and is what this country was founded on.

      You seriously think an 8 year flatline is an accurate survey of a 500 million year + weather history? I guess you

  • USA not USSA says:

    Did anyone hear about the report that was buried by the EPA so it would not adversely affect the Cap and Trade legislation? Someone sent the e-mails to the press! The guy who wrote the report has been at the EPA for 38 years. Now things are tense at his work place and he’s afraid he will lose his job. Maybe that is part of the “rush?” Afraid the facts will get out? So much intimidation.

    • USA not USSA says:

      See previous posts. :)

    • Gregg says:

      The content of the e-mail they showed highlighted exactly what this was all about. Then I saw where now Obama wants to reinvent the light bulb. Doesn’t this guy have enough on his plate already?

  • USA not USSA says:

    Oh I missed above! LOL

  • USA not USSA says:

    I always just miss you guys. :(

    • John Galt says:

      We’re here – there’s just more going on now so it’s kind of a scavenger hunt!

  • Michael Koter says:

    Hey john, is there any to note how may folks are in each forum, on the home page or to list the people in the forum once opened?

    • John Galt says:

      Not without having everyone log in and out of each forum, which I’m not sure everyone wants to deal with. Then again I’m not the technical guy, so that’s just my layman’s take.

  • Rick from Texas says:

    There have been people that say the science is conclusive, and that is just plain bull. The science has shown a cooling trend for the past 10 years, and the so-called consensus of scientists have overlooked it. This bill is for control, plain and simple, the liberals want control of this country and are trying in the first part of BO’s administration. In 2010, the dems are doomed with the damage they will have wrought and the people will not accept any “spin”; they will vote them out and that will very possibly include Miss Arrogance, Nancy Pelosi. BO will not be able to get anything done after that point in time and thus the urgency.

  • dorothy says:

    Curiosity, These companies that emit less polution and than sell thier permits to companies that can’t comply__Does the money that is ivolved stop the polution of the permit buyer? Puzzling, NO???// Didn’t know money could do that.

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