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California's 'cap-and-trade' escapade--Golden State pushes climate change over business climate
The Washington Times ^ | December 27, 2010 | Editorial

Posted on 12/28/2010 10:06:10 AM PST by jazusamo

The fact that the lame-duck Congress balked at endorsing "cap-and-trade" legislation didn't deter California from approving its own version of the extreme green scheme for restricting industrial emissions. The move bolsters the state's reputation as the left coast's home for ideas out of left field. Soon Americans will witness what happens when global-warming hysteria worsens an already sick economy.

California's Air Resources Board approved a cap-and-trade system on Dec. 16 that covers 360 businesses at 600 locations statewide. In its first phase, starting in 2012, electric utilities and other large manufacturers will receive free permits allowing emissions at their current levels. In the second phase, taking effect in 2015, refiners and distributors of gasoline, diesel, natural gas and other fuels will be required to buy emissions permits at auctions or purchase them from other companies. Gradually, the state will reduce the number of permits available, making them more expensive. To avoid exceeding their emissions limits, companies will be forced to develop dubious new methods of doing business.

Two inconvenient truths are getting in the way of the liberals' energy-free utopia. First, cap-and-trade is a solution in need of a problem; it's intended to remedy global warming while the earth is getting cooler. Second, the scheme is transparently a means of wealth redistribution that allows the political class to punish producers and reward the unsuccessful - a sure recipe for social dysfunction.


(Excerpt) Read more at washingtontimes.com ...


TOPICS: Business/Economy; Culture/Society; Editorial; US: California
KEYWORDS: ab32; arnoldlegacy; ca; cap; capandtrade; carb; co2; commifornia; cooling; emissions; energy; gas; globalwarming; green; kalifornia; schwarzenegger; tax; taxes; utilities; warming

1 posted on 12/28/2010 10:06:16 AM PST by jazusamo
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To: jazusamo; enough_idiocy; meyer; Normandy; Whenifhow; TenthAmendmentChampion; Clive; scripter; ...
Gracias jazusamo !

 


Beam me to Planet Gore !

2 posted on 12/28/2010 10:09:00 AM PST by steelyourfaith (ObamaCare Death Panels: a Final Solution to the looming Social Security crisis ?)
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To: jazusamo
The body CA is hemorrhaging from a gash in the neck while the politicians are terribly concerned about a scratch on the thumb. Their concerns are bassackwards and the state will be bankrupt and kaput before too long. Green = idiocy.
3 posted on 12/28/2010 10:13:22 AM PST by JPG (There is hope for America and her name is Sarah.)
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To: jazusamo

I’m ready to go. This ship is sinking.

When people vote to cannibalize one another, its time to get yourself to safety.


4 posted on 12/28/2010 10:13:51 AM PST by marron
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To: steelyourfaith

This is Governor Shrivers Legacy, He will be remembered as the Girly Man that destroyed the Tarnished State.


5 posted on 12/28/2010 10:17:20 AM PST by eyeamok
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To: jazusamo

Colifornia hasn’t done anything right yet, why should they start now? More interested in self-image than self-reliance. Fk’em and their girley-man RINO Governator.


6 posted on 12/28/2010 10:21:31 AM PST by broken_arrow1 (I regret that I have but one life to give for my country - Nathan Hale "Patriot")
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To: JPG

I am beginning to believe that the “government” of PAUPERfornia is not that stupid. I am almost ready to accept a high degree of “malice aforethought” working its worst.
This CANNOT be classified as “unintended consequences.”


7 posted on 12/28/2010 10:22:51 AM PST by CaptainAmiigaf ( NY Times: We print the news as it fits our views.)
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To: jazusamo
I fear the only real hope for California is that a huge number of the young go to the heartland or to the east and realize that you can live with lower taxation, and then go back demanding that California change.

I also hope to win $200 Million in the lottery tonight.

8 posted on 12/28/2010 10:25:41 AM PST by theDentist (fybo; qwerty ergo typo : i type, therefore i misspelll)
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To: marron

I left CA some time back. I well remember when they started the first vehicle emissions testing, it was a huge rip off. What’s taking place now makes that look like childs play.


9 posted on 12/28/2010 10:27:09 AM PST by jazusamo (His [Obama's] political base---the young, the left and the thoughtless: Thomas Sowell)
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To: jazusamo

Somebody is going to make a lot of money with this scam. Who are they and how can I get in on it?


10 posted on 12/28/2010 10:27:58 AM PST by forgotten man (forgotten man)
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To: jazusamo

The fraud that caused the law:

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/10/07/BAOF1FDMRV.DTL#ixzz11iqEfuN9


11 posted on 12/28/2010 10:28:48 AM PST by edcoil ("The only winning move is not to play")
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To: steelyourfaith

If California had two brain cells to rub together, they would recognize that the answer to most of their fiscal woes lies just off their coast where an estimated 13 billion barrels of oil is waiting to be drilled. They could also seal their borders, and deport the huge under class of illegal aliens who are draining their state treasury and taxing resources and infrastructure. Then they would be in a good position to cut corporate and individual tax rates and start attracting productive people and businesses to the state instead of driving them out. That is the way you get unemployment to go down.


12 posted on 12/28/2010 10:31:15 AM PST by Gen. Burkhalter
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To: jazusamo

With this, I think another wave of California businesses into Texas is coming.

Governor Perry has done an outstanding job of recruiting businesses to Texas and I wouldn’t be surprised if he makes several more trips to California to do so.

California’s pain is Texas’ gain!

While the liberals’ “green economy” myth obliterates places like California, beacons of hope like Texas shall prosper.

As long as people put their trust in God, work hard and put a permanent parking brake on the government, there shall be continual prosperity!


13 posted on 12/28/2010 10:31:57 AM PST by wk4bush2004 (PALIN 2012! AMERICA WILL SHINE AGAIN!)
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To: marron

Run, don’t walk.
Do not be “the last white farmer in Zimbabwe”.


14 posted on 12/28/2010 10:33:30 AM PST by Lancey Howard
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To: JPG

Not to worry...Moonbeam Brown has a plan for California.


15 posted on 12/28/2010 10:36:35 AM PST by Goldie Lurks (professional moonbat catcher)
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To: edcoil

Wow! They only overestimated pollution by 340%, must have been using some of the same “scientists” that are buddies with algore’s global warming.

Thanks for the link.


16 posted on 12/28/2010 10:37:09 AM PST by jazusamo (His [Obama's] political base---the young, the left and the thoughtless: Thomas Sowell)
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To: jazusamo

After they make people extinct it may be a decent place to live?

Pray for the Tea Congress


17 posted on 12/28/2010 11:27:01 AM PST by bray (Sarah Palin will destroy the Repub Party, hopefully!)
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To: jazusamo

When the last business leaves California, don’t forget to turn out the lights.


18 posted on 12/28/2010 11:33:49 AM PST by reg45
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To: jazusamo

This won’t be the last nail in the coffin, but as nails go, it is a railroad spike.


19 posted on 12/28/2010 12:22:48 PM PST by Freedom_Is_Not_Free (We be Fooked.)
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To: jazusamo; 11B40; A Balrog of Morgoth; A message; ACelt; Aeronaut; AFPhys; AlexW; America_Right; ...
DOOMAGE!

Global Warming PING!

You have been pinged because of your interest in environmentalism, alarmist wackos, mainstream media doomsday hype, and other issues pertaining to global warming.

Freep-mail me to get on or off: Add me / Remove me

Please ping me to all note-worthy threads on global warming.

EDITORIAL: Ho-ho-hoax

EDITORIAL: Bloodmobiles targeted by climate crazies

Climategate: A Veteran Meteorologist Exposes The Global Warming Scam- (Autographed)(Hardcover)

10 to watch: GOP freshmen on energy

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20 posted on 12/28/2010 12:28:47 PM PST by Tolerance Sucks Rocks (up)
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To: marron
I’m ready to go. This ship is sinking.

California boy here. I packed up Mommy and the kids five years ago and headed to Texas. California was already taking on far too much water for my comfort, at that time.

21 posted on 12/28/2010 12:35:42 PM PST by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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