CAP-AND-TRADE: THE REAL POT OF GOLD AT THE END OF THE CLIMATE RAINBOW
Let me be clear, this is not a debate on whether or not the globe is warming or is going to blow up if we keep breathing. And to be clearer, protecting our environment, energy independence, and doing more to “green” our planet are worthy and necessary endeavors, which most of us on the Right wholeheartedly support. However, at heart of the U.S. climate legislation –– Obama Climate –– is Cap-and-Trade, which passed the House June 26, 2009 (H.R. 2454). In essence the government sets limits on the amount of carbon dioxide (CO2) a company can emit. The limits are called a “cap.” If a company has to exceed the limit, it is allowed to buy “credits” from companies that pollute less. This transfer is the “trade" –– pollution trading, wow, another human invention! Companies selling their credits under this elaborate accounting system can expect to prosper, including many involved in this Climate Scam.
Considering last summer and into the winter of 2009 the Obama administration was bogged down with their massive takeover of our health care system –– deceiving Americans as to the content and the cost. And as they continue scrambling to fix a drowning economy and high unemployment raging across the nation, the Democratic leadership have been "unable to sell cap-and-trade as a job creator," knowing that Americans "see it as a job killer and a costly energy tax." So in December 2009 the Obama administration decided to go through the Environmental Protection Agency (EPA) to move their climate agenda via the Clean Air Act, ruling that “greenhouse gases threaten public health and the environment" and six key greenhouse gases were listed, including carbon dioxide (C02), opening the "regulation door" to carbon emissions from automobiles, power plants, and other sources.
In May 2010, the Senate climate bill was unveiled by Senators John Kerry and Joe Lieberman –– the American Power Act –– and just a couple of weeks ago Senator Harry Reid's "energy and oil spill response legislation" has been floating around, which according to the author of the bestseller Climate Gate, Brian Sussman, "[it] contains a clot of overpowering government spending and social engineering." Furthermore, recent reports are claiming that "cap-and-trade is dead" (kind of like the public option in ObamaCare), while rumors have surfaced that the Democratic leadership plan on using more of their Chicago-thug-style political tactics as they did to make ObamaCare law of the land –– this time a more cowardly method, “a lame-duck session.”
Article comments
1 - Tom Peters
Read this EXPOSE
2 - Christine
Oh my, thanks Tom!