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EMISSION: IMPOSSIBLE (NY Gov Spitzer Plan To Force Power Plants To Buy "Credits" For Emitting CO2)
NY Post ^ | November 23, 2007

Posted on 11/24/2007 2:18:58 PM PST by lowbridge

Gov. Spitzer's boast last week that power plants will soon have to pay for the right to emit carbon dioxide is just the latest sign of his unseemly obeisance to over-the-top environmentalism.

Spitzer told Congress how New York has joined 10 northeastern states in a Kyoto-style project called the Regional Greenhouse Gas Initiative (RGGI), meant to combat global warming.

In 2009, these states will force power plants to buy CO2 "allowances," which will be traded on the open market.

Plants will have to get one credit for each ton of CO2 they emit. The supply of credits, to start, will be capped at 64 million - the average annual power-plant emissions in New York from 2002 to 2004. The figure will then drop slightly each year, for a 10 percent cut by 2019.

The plan's flaw is its goal: It's designed to boost electricity costs - and even force some plants to close.

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


TOPICS: Business/Economy; Culture/Society; Front Page News; News/Current Events; US: New York
KEYWORDS: carboncredits; elliotspitzer; energy; globalwarming; newyork; ny; rggi; spitzer
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To: Brilliant
" ... American greenhouse gas emissions."

THERE ARE NO SUCH THING AS GREENHOUSE GAS EMISSIONS !!

There air "up there" ,, is just that ... air ... not co2 or methane or whatever .... So we don't emit anything that would make the planet into a greenhouse.

If you accept the words and phraseology and use them in language ... it doesn't matter what you say ... you're a greenieweenie.

51 posted on 11/24/2007 3:36:45 PM PST by knarf (I say things that are true ... I have no proof ... but they're true.)
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To: lowbridge

Must suck to be a communist.


52 posted on 11/24/2007 3:44:15 PM PST by Waco
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To: lowbridge

Yup, the east coast libocrits should indeed pay more for their power. In fact, methinks that should actually be forced to generate their own power. Let it be wind, nuclear, or letting Kennedy pedal a bike for the rest of his homicidal life. This would - of course - result in a true conservative dream: letting the b**tards freeze to death in the dark.


53 posted on 11/24/2007 3:46:16 PM PST by Da Coyote
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To: lowbridge

“n 2009, these states will force power plants to buy CO2 “allowances,” which will be traded on the open market.”

I wonder when Joe six pack is going to figure out why his electric bill went through the roof. As if he is not tapped out already. Being that inflation is really over 10% and not the cooked up numbers the government is feeding us. What is even more crazy about this is that since it is on the market then the speculators will be free to force the price of these credits up through the roof. Just a they do oil. The wealthy speculators get to pocket a bunch of money, and the tax payer gets to foot the bill. Just wonderful. Maybe when Joe six pack can’t afford anymore beer, then maybe he will figure it out.


54 posted on 11/24/2007 4:11:44 PM PST by Revel
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To: lowbridge
NY Gov Spitzer Plan To Force Power Plants To Buy "Credits" For Emitting CO2

Does NY have the right to tax CO2 emissions that occur in another state or even Canada?

55 posted on 11/24/2007 4:17:51 PM PST by SteamShovel (Global Warming, the New Patriotism)
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To: Nervous Tick
If I were the governor of a Southern state

We kind of already do that. :)
56 posted on 11/24/2007 4:18:36 PM PST by P-40 (Al Qaeda was working in Iraq. They were just undocumented.)
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To: lowbridge
NY Gov Spitzer Plan To Force Power Plants To Buy "Credits" For Emitting CO2

I'd be investigating Spitzer for some clandestine ownership in a CO2 trading scheme.

I wouldn't put it past this mob-like figure to be using government policy to bring business to "Cousin Vinny's" company.

57 posted on 11/24/2007 4:21:45 PM PST by SteamShovel (Global Warming, the New Patriotism)
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To: SteamShovel

It would be fun to see him try. He should also know that New York is part of a *grid* that is waaaaay bigger than the state and even includes a bit of Canada.


58 posted on 11/24/2007 4:24:13 PM PST by P-40 (Al Qaeda was working in Iraq. They were just undocumented.)
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To: lowbridge
I want to know which power company is going to have the b@lls to tell him to go f*ck himself and turn off the plant until they get their way.

I think it's called a protest, I read about some mafia, crime family, thugs, union doing it.

59 posted on 11/24/2007 4:35:17 PM PST by IllumiNaughtyByNature
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To: businessprofessor

The whole carbon credits idea is nothing but a socialist plot to further drive the US to ruin, while enriching the elites like Al Gore and the folks at Goldman Sachs. Does any SANE person believe that even IF reducing CO@ could stop the natural warming of the planet, and even IF the US cut CO2 emissions in HALF, that the rest of the world would not just fill in where our CO2 emissions were cut? Will Saudi Arabia pump less oil? NO!!...Will China stop opening one new cheap/dirty coal plant every 7-10 days? NO!! Will India and the rest of the developing world slow there economies in order to cap their quickly rising CO@ emissions? NO, NO, NO!!! The morons who have devised these carbon trafing schemes are taking everyone for fools. As they jst off to the UN Climate Change Conference in their private jets, the rest of us are elft to ponder a country with energy shortages, higher costs, and a declining economy. I feel like I am leving in an alternate reality, where black is white, and vice versa.


60 posted on 11/24/2007 4:43:17 PM PST by milwguy (........)
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To: Brad from Tennessee
[Gore] senior adviser to Google

Note to self: Must try to use ask.com more frequently.

ML/NJ

61 posted on 11/24/2007 4:49:35 PM PST by ml/nj
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To: Shermy

Schwarzenegger and Pataki were scheming on this a year ago:

http://www.freerepublic.com/focus/f-news/1721274/posts?page=2#2


62 posted on 11/24/2007 4:53:07 PM PST by calcowgirl ("Liberalism is just Communism sold by the drink." P. J. O'Rourke)
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To: lowbridge
NY Gov Spitzer Plan To Force Power Plants To Buy "Credits" For Emitting CO2

Does Hillary think this is a good idea?

ML/NJ

63 posted on 11/24/2007 4:53:16 PM PST by ml/nj
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To: lowbridge

Go for it, Spitzer. After the crash, real estate will be dirt cheap and the population will be in no mood to elect a liberal for decades.


64 posted on 11/24/2007 4:56:32 PM PST by NonValueAdded (Fred Dalton Thompson for President)
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To: lowbridge
Spitzer should be charge triple for his foul mouth!


Click for his foul mouth quote.

65 posted on 11/24/2007 4:58:08 PM PST by Calpernia (Hunters Rangers - Raising the Bar of Integrity http://www.barofintegrity.us)
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To: Farmer Dean

As far as I know, there is no provision for a recall of a Governor in NY state.


66 posted on 11/24/2007 5:06:10 PM PST by CaptRon (Pedicaris alive or Raisuli dead)
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To: BARLF
We need to invest in insane asylums.

Lots of them.

67 posted on 11/24/2007 5:15:26 PM PST by c-b 1 (Reporting from behind enemy lines, in occupied AZTLAN.)
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To: lowbridge

I hope Hillary is asked in the next debate if she supports Spitzer’s energy plan.


68 posted on 11/24/2007 5:24:05 PM PST by freedom1st
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To: lowbridge
Spitzer told Congress how New York has joined 10 northeastern states in a Kyoto-style project called the Regional Greenhouse Gas Initiative (RGGI), meant to combat global warming.

I'd love to see a lawsuit challenge of this. Get Al Gore up on the stand. It would be wonderful to see him sweat and stammer.

69 posted on 11/24/2007 5:54:27 PM PST by gunservative
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To: knarf
It’s a wide open opportunity presented by Schumer to go nuclear as there are no emissions and therefore no global warming.
It’s time to shed this by Hollywood generated negative image of nuclear energy generation.
No coal, no oil, no natural gas usages, do what the French are doing by generating 80% of electric power via a clean and nuclear way.
70 posted on 11/24/2007 6:29:30 PM PST by hermgem (Will Olmr)
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To: CaptRon

Now that is really unfortunate.Maybe it’s better that the folks in New York get a full dose of Spitzer now,might convince them to never again put one of these weasels in a position of authority.


71 posted on 11/24/2007 7:06:12 PM PST by Farmer Dean (168 grains of instant conflict resolution)
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To: SteamShovel
Spitzer was already in the business of shaking down nonprofit groups that competed with his wife's charities. If she didn't like them, he'd have them investigated and hauled into court on trumped up charges.

A guy like that probably thinks he can get away with imposing a CO2 scam on everyone in NY.

If he were a tad younger he'd been pushing Laetrile as a surefire cure for cancer.

72 posted on 11/24/2007 7:39:21 PM PST by muawiyah
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To: gunservative
Get Al Gore up on the stand. It would be wonderful to see him sweat and stammer.

He got hit with a hard question at the House Global Warming hearings in March but I think the Xanax kept him pretty calm.
73 posted on 11/24/2007 8:02:57 PM PST by P-40 (Al Qaeda was working in Iraq. They were just undocumented.)
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To: lowbridge
DO I HAVE A DEAL FOR YOU!
You can own a”Home CO2 Climate control System” and save a bundle on your utilities bill. “Let my Home CO2 Climate Control” Computer model show you how much you will save.*
Here how it works.
We all know that if you increase the CO2 in the atmosphere less heat energy will escape. You have the same type of atmosphere in your home as outside your home. So, if you double or triple the amount of CO2 there will be a corresponding decrease in amount of energy needed to heat your home.

Likewise, if want to cool your home, the “home CO2 Climate Control System” will remove heat trapping CO2 and allow more heat energy to escape.

Sale price is just $4500.00 plus a $75.00 monthly maintenance agreement.**

Here the best part. Once we have the CO2 cap and trade in place the power companies will pay me $5000.00 per unit built (not Sold he he ha ha). of course the power companies will just pass that cost right back you in rate increases.

President and CEO of HCCS, Inc.

Your buddy AL

PS
Got to fly. I’m meeting with GE, Big Banking firms and some commodities brokers to plan lobbing. ( Arm Twisting with Money)
* There is no peer reviewed studies available for my computer model. JUST TAKE MY WORD FOR IT.
** Base on a 1000 sq ft house.

74 posted on 11/24/2007 8:21:07 PM PST by steveab (When was the last time someone tried to sell you a CO2 induced climate control system for your home?)
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To: Old Professer
There’s a part of the novella Rasselas where the prince and his sister visit an astronomer, who has come to believe he rules the stars and planets. He has an obsession about it. Hmmmm....

“‘I have possessed for five years the regulation of the weather and the distribution of the seasons. The sun has listened to my dictates, and passed from tropic to tropic by my direction; the clouds at my call have poured their waters, and the Nile has overflowed at my command. I have restrained the rage of the dog-star, and mitigated the fervours of the crab. The winds alone, of all the elemental powers, have hitherto refused my authority, and multitudes have perished by equinoctial tempests which I found myself unable to prohibit or restrain. I have administered this great office with exact justice, and made to the different nations of the earth an impartial dividend of rain and sunshine. What must have been the misery of half the globe if I had limited the clouds to particular regions, or confined the sun to either side of the equator?’”

75 posted on 11/24/2007 9:01:28 PM PST by TenthAmendmentChampion (Global warming is to Revelations as the theory of evolution is to Genesis.)
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To: Revel
You're exactly right about inflation. The Fed can play with money supply all they want, and I guess they really control the housing market (and the prices of homes) since they gave all us homeowners that giant wedgie last year, but they don't and can't control the cost of oil or gold. Unless someone with a brain gets control of spending, inflation looms ahead like a 100-car crash in the fog on Hwy 99.
76 posted on 11/24/2007 9:09:11 PM PST by TenthAmendmentChampion (Global warming is to Revelations as the theory of evolution is to Genesis.)
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To: Brilliant

the whole co2/ global warming thing is a fraud my friend.


77 posted on 11/24/2007 9:11:12 PM PST by sonic109
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To: lowbridge

LMAO!!!
Bend over and grab your ankles, residents of New York.
You get what you elected, you get what you deserve.


78 posted on 11/24/2007 9:11:21 PM PST by Lancey Howard
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To: Sacajaweau

I read a couple of years ago (NY Post, IIRC) that Schumer and Spitzer are fiercely competetive, each envisioning himself as the first Jewish President. I kid you not.


79 posted on 11/24/2007 9:16:41 PM PST by Lancey Howard
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To: P-40

The amazing thing is...no one is building power stations at all. The only nuclear plant applications currently in the system....are for TVA in Bama...which the plan will be to build two new ones within seven years.

I can see a point within five years where huge electrical problems exist....and governors are fired because of their incompetence...and some mad rush starts up to build coal-plants at any cost.


80 posted on 11/24/2007 10:55:07 PM PST by pepsionice
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To: USFRIENDINVICTORIA
When prices at the pump and the plug go up — expect a serious backlash.

The backlash will be to blame the "Big Electricity", "Big Oil", "Big Coal", etc. The Rats will have hearings, grandstand, make BS speeches, and propose making electricity a government responsibility promising lower prices, less CO2, and less pollution while reducing reliance on the "Evil Nuclear Power". The Rat aligned lawyers will take all energy companies to court wasting time and forcing them to either spend more money to stay alive or go out of business.

The Dim voters will believe the Rats about who is to blame and we will have even more "enviro-mental" rulers in office.

I don't see an effective voter backlash on this for about 15 or 20 years. By then the damage to the economy from this issue combined with government provided health care, retirement, and maybe even home-loans, we will be in really deep.

81 posted on 11/25/2007 6:56:35 AM PST by SteamShovel (Global Warming, the New Patriotism)
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To: TenthAmendmentChampion

Such is the messianic hubris that dispels all wisdom and caution.


82 posted on 11/25/2007 8:02:06 AM PST by Old Professer (The critic writes with rapier pen, dips it twice, and writes again.)
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To: lowbridge

83 posted on 11/26/2007 7:03:06 AM PST by Vaquero (" an armed society is a polite society" Heinlein "MOLON LABE!" Leonidas of Sparta)
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To: pepsionice

There are more and more people wanting more and more power...and at some point people are going to have to wake up to the fact that the power must come from somewhere. Few politicians are willing to make that statement and those that do catch hell for it.


84 posted on 11/26/2007 7:34:26 AM PST by P-40 (Al Qaeda was working in Iraq. They were just undocumented.)
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To: milwguy

I agree that CO2 control is a socialist dream. CO2 emissions control through some form of taxation will allow government to have a large influence on the costs of goods and services. The UN climate panel arrogantly indicates that the cost of CO2 emissions control will not be substantial (less than 3% of GDP as though 3% of GDP is not substantial). Further the climate panel asserts that global temperature increases can be constrained by CO2 emissions controls.

The contrast between reality of CO2 emissions controls and current living are stark. People like to travel by plane, air condition their homes, drive to work and shopping, light their outdoors with Christmas lights, and so on. Modern living demands reliable power and increases in power over time. These CO2 emissions control schemes will restrict choices, reduce growth, move jobs to other countries, increase inflation, and generally lower standards of living without any benefits.

The global warming hysteria is a test of the broken windows theory of economics. The left seems to believe that if you smash every window in the country, economic growth and prosperity will ensue. The left only wants to see the visible jobs created, not the lost economic opportunities due to repairing all of the windows. The rats do not want any blame for the economic fallout. They will push goals into the future where the blame cannot be laid at their feet.


85 posted on 11/26/2007 8:01:10 AM PST by businessprofessor
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To: lowbridge

Who comes up with this stuff? If the plants close, the (energy) prices will rise. The likelihood of opening another nuclear plant in New York is slim to none — if Spitzer wants to choke Wall Street again (as if his crazy lawsuits didn’t do enough damage) then go ahead. Everyone will move to other states, the world will realize that in this global, electronic economy that you don’t need a physical presense in New York and this house of cards will begin to collapse. Way to Go, Spitz.


86 posted on 11/26/2007 2:11:13 PM PST by mjustice
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To: lowbridge

So who do they have to write the check too? Al Gore or the DNC?


87 posted on 11/26/2007 2:12:38 PM PST by Ditto (Global Warming: The 21st Century's Snake Oil)
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To: lowbridge

This guy sure likes to throw his weight around.


88 posted on 11/26/2007 2:21:23 PM PST by Beckwith (dhimmicrats and the liberal media have chosen sides -- Islamofascism)
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To: lowbridge
Meanwhile...

Carbon Offsets: Eco-Extortion, Green Guilt, and the Selling of Indulgences

Also mentions Hillary Clinton's good buddies at Vermont's Native Energy....

89 posted on 11/26/2007 2:28:55 PM PST by mewzilla (In politics the middle way is none at all. John Adams)
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To: lowbridge

thanks, bfl


90 posted on 11/27/2007 6:19:48 PM PST by neverdem (Call talk radio. We need a Constitutional Amendment for Congressional term limits. Let's Roll!)
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To: lowbridge

Where did NY find this piece of crap?


91 posted on 11/27/2007 6:21:40 PM PST by bmwcyle (BOMB, BOMB, BOMB,.......BOMB, BOMB IRAN)
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To: lowbridge
PECKING ORDER IN THE DEMOCRATIC PEOPLE'S REPUBLIC OF NEW YORK:

Politicians

Unions

Environmentalists

Liberal Media

Homosexuals

Illegal Immigrants

Criminals

Terrorists

IV Drug Users

Mentally Retarded

Transvestites

Military

Private Property Owners

Unborn Children

Christians

Gun Owners

Smokers

Taxpayers

92 posted on 11/27/2007 6:26:06 PM PST by Eric Blair 2084 (Alcohol, Tobacco and Firearms shouldn't be a federal agency...it should be a convenience store.)
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To: businessprofessor
If carried to completion, these initiatives will drive electricity rates much higher, leading to price controls and shortages.

Idiots. The only hope of converting to a hydrogen economy is by reducing electricity costs. If prices go up, hydrogen becomes even less feasible.

Hydrogen is a means of storing electricity. But the only way for it to work is for it to cost less than oil.

93 posted on 11/27/2007 6:55:14 PM PST by Hoodat (satan always overplays his hand)
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To: lowbridge
Gov Spitzer Plan To Force Power Plants To Buy "Credits" For Emitting CO2

Why power plants? Co2 provides the fizz to beer and soda, so why not force breweries and bottling plants to buy credits, too? Matter o' fact, why not pass a tax on the establishments that serve those items. Matter o' fact, why not also tax the consumer, too?

P.S., if Spitzer is reading this, it's sarcasm. Don't actually do this.

94 posted on 11/27/2007 7:02:04 PM PST by kittycatonline.com
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To: Brilliant

>The higher taxes are in NY, the less they will clamor for higher federal taxes.

No. you still are not thinking like a liberal.

They will insist that it is all the fault of those evil capitalist energy companies that wring profit from the backs of the working poor, and they will demand Federal assistance for NY energy consumers.

and they will get it. and you will pay for it.


95 posted on 11/27/2007 7:11:03 PM PST by bill1952 ("all that we do is done with an eye towards something else." - Aristotle)
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To: Rummyfan
the guy is certifiable!

My first reaction. I grew up in New York City. It's unpleasant enough as it is, especially in summer.

I hope the people of New York are pleased with themselves electing this meglomaniacal zero.

96 posted on 11/27/2007 7:13:41 PM PST by Lonesome in Massachussets (NYT Headline: Protocols of the Learned Elders of CBS: Fake but Accurate, Experts Say)
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To: The Mayor

You can say that again. . . . Or, I’ll do it for you. . . OMG


97 posted on 11/27/2007 7:22:53 PM PST by mia
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To: lowbridge

Article doesn’t say who gets the money for these credits but let me guess ... This is just a convenient way to raise taxes.


98 posted on 11/27/2007 8:19:26 PM PST by plain talk
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To: Farmer Dean

“...He’s acting like Soros owns him.”

His actions are incredibly similar to a marionette manipulated by a remote source aren’t they, but that observation seemingly covers all the hard core of the Left whom go off on their tangents apparently without adequate briefing of the breadth and depth of their scripted proposals, and without concern for the consequences of such. As though such consequences are the responsibility of their remote manipulaters, as in someone else.

Que spooky music.


99 posted on 11/27/2007 8:26:16 PM PST by rockinqsranch (Dems, Libs, Socialists...call 'em what you will...They ALL have fairies livin' in their trees.)
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To: Brilliant

” think this is a good thing. The wealthy leftwingers in NY SHOULD provide the leadership in reducing American greenhouse gas emissions. Afterall, they’ve got the money, and the rich should pick up the tab for this.”

Please tell me you accidently left off the /sarcasm tag?


100 posted on 11/28/2007 5:06:30 AM PST by EQAndyBuzz (Hunter Thompson in 08.)
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