Skip to comments.Windfall of cash could hit state treasury from global warming program
Posted on 04/08/2012 7:48:38 AM PDT by SmithL
click here to read article
Perhaps someone can explain it to me In a certain area of the Nation there are air quality problems, assume part to be particulate matter (PM). There are many sources ,large and small, some of both in violation of set emission standards for PM. Let us look at source A which is large and doing very well in having it’s emissions well under what the generalized or specific standard allows. Then we look at a source B, large or small, that has problems with emissions above the generalized or specific standard. B goes to A and says I will pay you a certain amount of dollars as allotted by the EPA for an emission credit from your operations to get my company under it’s generalized standard/allowance. A says good deal you can have some of my unused/unneeded emissions allowances. As such we will both be under the our allowed emissions and free of agency bother. Emissions haven’t changed. Air quality remains the same. However, A has made some money and B has saved some money. Apparently there was little need for making standards more stringent but this comes later on when EPA needs to justify the desires of some bureaucrat to keep government on the backs of employers.
Yup, just like the "tobacco settlement" money was only supposed to be for "smoking cessation programs". Meanwhile, the states were selling bonds backed by future tobacco revenue.
That may help explain the results of a recent Washington Post poll. Asked whether "recent price increases in gasoline caused any financial hardship for you or others in your household," 63% of the respondents said yes. That's well below the 77% that answered yes during the price surge of 2008, and it was the lowest affirmative response to the same
One part of me is outraged by the blatant spin they put on the gas price hike. The other part says that these libs are whistling past the graveyard, thinking 0bama won't get tagged with the recession that, not might but WILL, result from energy prices "skyrocketing". They're actually cheering the fact that, in a sense, it's only 63% who HATE this regime.
Bookmark this fraud for later
Will the Martin Luther of the Enviromental Climate Reformation please stand up!