Posted on 07/04/2009 4:43:50 AM PDT by StatenIsland
Thank you for contacting me to express your views about emissions trading.
Emissions trading, also known as "cap and trade," is an effort to address global climate change through the reduction of greenhouse gas emissions. An upper limit is placed on the total allowable emissions, and that limit decreases through time. Any company or group that holds an emissions permit will be limited to the amount of greenhouse gas it can emit, which is represented as an amount of credits. Over time, this cap will gradually decrease and allow less and less pollution. For those who stay below the cap, they can sell excess allowances to those entities in need of additional emissions credits. Companies that have difficulty meeting the cap can purchase additional credits from other companies that are already below the cap. The cost of incurring additional allowances beyond the cap creates a financial incentive to reduce emissions through efficiency measures or technological advancements.
This bill uses the same, market-based, American solution which was successfully put in place to fight Acid Rain in 1990 for carbon emissions. As a result of the Acid rain program, electricity rates fell 10 percent and 16 million new jobs were added to the American economy.
"The American Clean Energy and Security Act of 2009" - H. R. 2454 - was introduced by Rep. Henry Waxman (D-CA) and Rep. Ed Markey (D-MA) on March 15, 2009. On June 26, the House passed this bill by a vote of 219-212.
H.R. 2454 includes a "cap-and-trade" program that would place an annual cap on net carbon emissions, and would allow polluters to trade their carbon allowances as a way of reducing the production of greenhouse gas emissions by 83% by 2050. It also would require that 25% of all electricity supplied in the United States by 2025 be derived from renewable energy sources.
I voted for H.R. 2454 because it presents a balanced approach to American energy independence. It allows us to compete in the global marketplace, where the United States is severely behind others in the development of clean energy technology, and promotes innovation and creativity, two fundamental American values. Most important, the bill also provides consumer protections that will help keep energy costs low. Further, a vote for this bill is a vote for our troops, and our national security. We must reduce our reliance on imported oil.
New York households will save on average $5.58 per month in electricity costs and $8.00 a month in fuel costs within the next 10 years under the Energy Bill. Investing $150 billion in clean energy will also help create more than 1.7 million jobs - with more than 50,000 jobs created in New York State. Fifty-five percent of the bill is allotted to consumer protection provisions so that Staten Islanders and Brooklynites will not face substantial increases to their utility bills. Further, budget watchdogs have determined that the energy bill will not raise the deficit.
The Energy Bill is supported across the board by constituents, veterans and even utility companies; all of whom have pledged to work with government to transform our economy and our clean energy technology.
This RINO didn't get the memo. According to Obama it will cost the amount of a postage stamp daily.
That guy needs to wake up and smell the TEA!! Lots of it!!
Why can’t he just be honest and say that my mommy, Madam Pelosi would have spanked me, taken away my candy and goodies and made me sit in the corner like the bad boy I would have been.
The acid rain statement is laughable.
He is a NYC liberal and nothing more.
Can he define “clean energy”? Read my congressman’s responses under Capping America.
Pray for America
Simple answer, because he is stupid and un-American.
.............Why my Congressman voted for Cap and Trade
...................
“Because Pelosi told me to. I don’t know nuthin, I never read this here bill!”
Good trade for the environment? Makes not difference.
When the enviro-nazis show up at my door, I will just deny that the smoke from my chimney is a fire. They will have to get a warrant.
Unfortunately, as you found out from Google, the word 'soma' has taken on other meanings in the decades since Brave New World was written, and it somewhat clouds the intended meaning when I include that in a post.
“The sad part is that he will fool many of his constituents with this garbage.”
This guy has taken to heart the old saying, “if you can’t dazzle them with brilliance, baffle them with bull____”.
I got this same pile of crap from that bastard on New Dorp Lane myself. I intend to answer it point by point. I’ll send the whole thing to the rag on Fingerboard Road but I doubt if they’ll print it.
“Ill send the whole thing to the rag on Fingerboard Road but I doubt if theyll print it.”
Better hurry. I got a call from Karen O’Shea, an Advance reporter, looking for a quote on ACES (because I ran the 4/15 Tea Party out here). It’ll run next week.
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