"I will make it legal!"
Posted on 11/10/2009 8:44:14 PM PST by FromLori
All the talk in Washington is surrounding a government health insurance plan, but there’s a little discussed insurance plan in the Boxer-Kerry cap and trade bill that’s worth some attention.
The Senate version of the cap and trade bill includes a section that grants the President the authority to “direct relevant federal agencies” to impose additional greenhouse gas regulations. Senators David Vitter (R-LA) and John Barrasso (R-WY) have been working assiduously to uncover the true costs of cap and trade legislation.
Greenhouse gas concentrations are measured in parts per million (ppm). Many global warming alarmists believe that upper limit on carbon dioxide and other greenhouse gas emissions in order to prevent catastrophic harm is 450 parts per million (ppm). Once we reach that threshold, water will rise to the torch of the Statue of Liberty, California will be an island, the polar ice caps will cease to exist and island nations will no longer be nations but submerged pieces of land. To put the numbers in some perspective, Sharon Begley notes in her Newsweek column that the carbon dioxide concentration is currently at 386 ppm; we were at 280ppm before the Industrial Revolution. If you include the carbon dioxide equivalent greenhouse gases, we’ve arguably reached the 450 ppm threshold. The Boxer-Kerry legislation says that if global greenhouse gas concentrations exceed 450 parts per million of carbon dioxide equivalent:
Sec. 707 Not later than July 1, 2015, and every 4 years thereafter–
`(1) the President shall direct relevant Federal agencies to use existing statutory authority to take appropriate actions identified in the reports submitted under sections 705 and 706 and to address any shortfalls identified in such reports.
The passed House version, Waxman-Markey, also contains language that grant the administration similar authority. So, for those who thought cap and trade legislation would preempt costly regulations, think again. This is more or less an insurance policy that would allow EPA officials regulate just about every aspect of the market and guarantees there will be economic pain. Even EPA Administrator Lisa Jackson said, “We get further faster without top-down regulation.” Added regulations on top of cap and trade would be a bureaucratic nightmare that could delay economic projects and tie them up in litigation and result in hundreds of thousands, if not millions, of dollars in compliance costs.
If we’ve learned anything from the health care debate, it’s that companies shouldn’t trust government promises that their bottom lines will not be affected. Proponents of a government-run option made repeated claims that private businesses would remain competitive but Karen Ignagni, president of America’s Health Insurance Plans, recently sent a letter to the White House and Speaker of the House Nancy Pelosi saying the plan “would bankrupt hospitals, dismantle employer coverage.
The same can be said for cap and trade. In order to garner business support, Members promised generous allowance revenue handouts for various industries and special interests. President Obama originally called for an auction of the emission allowances, forcing companies to bid on the right to emit. Businesses, knowing very well this would impose a severe cost on their bottom line, sent their lobbyists to Washington to protect them. And it worked – at least they thought it did. Sections 705-707 of the Boxer-Kerry cap and trade bill would pile costly regulations on these allegedly protected companies. And these costs would be passed onto the consumer, making the bill all that more painful.
Even if we are only at 386 ppm, the way China and other developing countries are growing and refusing to cap greenhouse gas emissions, global greenhouse gas concentrations could reach 450 ppm in no time. George Will writes, “On Oct. 21, China, the world’s leading emitter of greenhouse gases, and India, which ranks fourth — together they account for 26 percent of emissions — jointly agreed: They, with their combined one-third of the world’s population, will not play in what increasingly resembles a global game of climate-change charades. Neither nation is interested in jeopardizing its economic growth with emissions caps of a sort that never impeded the growth of the developed nations that now praise them.”
With the rate of growth of global greenhouse gas emissions, cap and trade paired with top down regulation assures economic pain for every part of the economy, especially the American energy consumer, with nothing to show for it.
The Commonwealth of Independant States, including Russia, will not play along with any carbon treaty as well. So won’t Latin America, the Middle East, or Africa.
Can Obama make anything besides his mouth and teleprompter work?
All American foreign/domestic policy is going thru a Soros filter.
I’m not a scientist but I’ve read that water vapor is the greatest component of the “greenhouse effect.” Why hasn’t EPA declared water vapor a “pollutant?”
I am a grassfire member so I have already done so but thank you for posting hopefully others will as well.
I’m so sick and tired of liberals. Make everyone a criminal. Read Atlas Shrugged.
Long, but very comprehensive read on “Global Warming”. Take the time to educate yourself.
http://www.middlebury.net/op-ed/global-warming-01.html
Editorial: The Great Global Warming Hoax?
“Look at the “official” list of “greenhouse gases” below, as offered by our boy geniuses on the UN IPCC. Golly, it appears that Water Vapor isn’t among the list - the UN IPCC says its role is “not well understood”, even though it is responsible for about 95% of the “greenhouse effect. Using their logic, we could argue that our human population is all-male - because females are “not well understood” - and thus it is proper to remove any mention of them in our list of genders on the planet. Also note that only “anthropogenic” sources are listed - no mention of the minor fact that the earth itself is the major contributor of CO2. Hey, natural stuff doesn’t count ( when you’re trying to create panic.)”
It will work. Thats not even a question.
It may not do whatever it is that they promise it will do, but thats smoke and mirrors, its pointless to look in that direction. In fact, if you find yourself arguing whether or not it will “work” you’ve already been conned.
It will have two features. First, its beyond a trojan horse, unless you picture the trojan horse kicking the doors down and marching down Main Street. It will bypass the constitution completely, and place the feds in complete control of everything you will ever do or ever aspire to do. There isn’t anything beyond the reach of carbon law; how big a house you live in, what temperature you keep it, how many kids you have, what you raise on your farm, if you’re allowed to farm at all. If you will be allowed to open a business, hire more employees, what products you’ll be allowed to sell, what you’ll be allowed to manufacture or if you’ll be allowed to manufacture it at all.
You will have to have permission to change your carbon footprint which means you’ll have to have permission to breathe. If you’re granted permission, you’ll have to get a waiver which you will buy through a broker, which means that having given the government veto power over everything in your life you must now also pay a cut to the brokers who will now take a piece of your action. They will get paid for, what? letting you do what you’ve managed to wheedle permission to do. Sound like third world corruptocracy, with a high tech spin?
It sure does.
With this, the government takes complete control of your life, and the swells will sell you pieces of paper that are worthless but you’d by golly better buy them if you want to do business. You’ve just elected the mafia into power, and they like it there. They’re not planning to leave; even after they leave, they’ve not left, they are your new and permanent landlords; whatever you have, you rent it from them.
Never in the history of the world has a nation committed suicide such as this. I’m glad I won’t be around in 20 years...or less.
Why not? Have they found a faster way to wreck their economies?
Figures that they'd hold out on us.
‘I’m not a scientist but I’ve read that water vapor is the greatest component of the “greenhouse effect.” Why hasn’t EPA declared water vapor a “pollutant?”’
Good question. BTW, all manmade greenhouse gasses total 0.02% of the total when water vapor is considered.
Cap and Tax is absolutely nothing more than yet another naked power grab.
OK, naked power and money grab. Sorry.
heritage page not found
Should we fear Obama?
In just a little less than a year:
He has taken control of most of Americas largest industries
He has taken control of Wall Street
By virtue of his office, he has full control of the Military
He will soon have control of all communications (Radio, TV and the Internet) via the fairness doctrine
He is gaining control of the American medical system>P> What more do you need to accept this person as our soon to be dictator?
Give them time... they will. ;>)
Me too but I feel bad for my grandchildren.
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