The ever-increasing cost of c(r)ap-and-t(i)rade
If you haven’t phoned your congressional reps yet over the ever-increasing cost of the Dems’ c(r)ap-and-t(i)rade global warming proposals, what are you waiting for? Call 202-224-3121.
As I’ve noted before, the national eco-taxes are in trouble with nervous Blue Dog Democrats. But the plan isn’t going to go down without the mobilization of tens of thousands of Tea Party activists spreading the word and pressuring both parties in Congress.
The Heritage Foundation has just released a new economic analysis of the Waxman-Markey bill:
Though the proposed legislation would have little impact on world temperatures, it is a massive energy tax in disguise that promises job losses, income cuts, and a sharp left turn toward big government.
Ultimately, this bill would result in government-set caps on energy use that damage the economy and hobble growth–the very growth that supports investment and innovation. Analysis of the economic impact of Waxman-Markey projects that by 2035 the bill would:
* Reduce aggregate gross domestic product (GDP) by $9.6 trillion;
* Destroy 1,105,000 jobs on average, with peak years seeing unemployment rise by over 2,479,000 jobs;
* Raise electricity rates 90 percent after adjusting for inflation;
* Raise inflation-adjusted gasoline prices by 74 percent;
* Raise residential natural gas prices by 55 percent;
* Raise an average family’s annual energy bill by $1,500; and
* Increase inflation-adjusted federal debt by 26 percent, or $29,150 additional federal debt per person, again after adjusting for inflation.
The Washington Examiner weighs in: “That is a prescription for wrecking American prosperity for decades to come.”
Haven’t we been force-fed enough of those recipes already?
***
Several key Democrats from industrial and oil states threw their support behind a draft climate bill Monday as a House committee began work on massive legislation that would impose the first nationwide limits on greenhouse gases.
While Democratic sponsors of the 948-page bill called it essential to shift the nation away from fossil fuels to cleaner energy sources and deal with global warming, Republicans argued it would send energy prices soaring and threaten economic growth.
“Our nation is at a crossroads,” declared Rep. Henry Waxman, D-Calif., the committee’s chairman “We can continue to look the other way and leave these problems to our children, or we can adopt a new energy policy for America.”
Waxman in recent weeks has spearheaded delicate closed-door negotiations with other Democrats on the Energy and Commerce Committee, hoping to structure the bill so as to get enough support to push it to the House floor, despite expected unified Republican opposition.
The negotiations appeared to bear fruit when two key Democrats on the committee—Reps. John Dingell of Michigan and Gene Green of Texas—announced their support of the bill. Last week, Rep. Rick Boucher, D-Va., who has had protection of coal interests a priority, also endorsed the legislation.
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Trackbacks
- “The Ever-Increasing Cost of C(r)ap-and-T(i)rade” « Patriot Burr
- The ever-increasing cost of c(r)ap-and-t(i)rade. Beyond Alarming
- Hyscience
- Government’s Grand Con Game: Waxman-Markey Energy Tax Bill Benefits Obama’s Tax Revenue Coffers & Nothing Else « Frugal Café Blog Zone
- Cap and Trade: It’s Hip to be Marx! | The Great Illuminator
- No “Global Warming” in Arizona - Coldest June on Record Since 1913 « Frugal Café Blog Zone
- Nancy Pelosi Is Trying to Do WHAT This Friday? Ram Through Energy Tax Bill with Cap and Trade without It Being Fully Reviewed Americans Knowing How High Their Taxes Will Go « Frugal Café Blog Zone
- Pelosi Pounding Drum Louder for Cap-and-Trade Vote This Friday, WSJ Exposes What Americans Will Pay for Waxman-Markey Energy Bill « Frugal Café Blog Zone
- Before It’s Too Late… Mark Levin Surge: Call Congress to Vote ‘No’ Tomorrow to Cap-and-Trade Energy Bill « Frugal Café Blog Zone
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Categories: Enviro-nitwits, Tea Party
Doug Ross @ Journal
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I’ve left messages with Altmire, Specter and Casey’s offices. I doubt the three stooges will lift a finger to help America, they are more concerned about consolidating their own power within the democrap power structure.
BIG BRO promise us skyrocketing energy costs.
Didn’t the people who voted for him believe him…?
Every day I’m more convinced that the Demoncratic party is trying to destroy this Country.
I haven’t read the 2008 DNC platform, but the first paragraph had to be something about wanting to destroy America post haste.
That’s the only explanation I can find for this insanity.
Yep – I came to that conclusion decades ago.
Yep again.
That’s the whole point of the endeavor: It’s not a “bug,” it’s a feature.
The donks’ idea of “Getting everyone in the world to love us” is based on America undertaking the Mother of All Disappearing Acts: i.e., for this country to become no more remarkable, and certainly no more powerful, than any other country.
In this way, America-haters believe that:
1. The source of global envy and jealousy that is “American Exceptionalism” will be no more, so no one will have reason not to like us; and
2. With our new, dramatically lower profile our enemies will somehow lose us among all the other little fish in the school, stop looking for us, and leave us alone.
It’s a total head-in-the-sand fantasy, but Living a Lie is the ultimate shorthand for, “being a liberal.”
Right.
Up until recently, they were doing it incrementally.
And indirectly, as when they distorted the financial markets by mandating loans to people who could not qualify for them, leading to the huge catastrophe we have seen.
Now, however, it seems that all the safeties are off, and they are just going for broke…literally.
The Cap and Trade Bill in question was once known as the McCain-Lieberman Bill. Does that change anything in your mind about the nature of the problem? Think President McCain.
remember when barry was in the san fran high roller coffee clatch and said we could put up all the coal plants we wanted, but due to his cap and trade tax, they would bankrupt the electricity provider. then, within a few days he was in west virginia promising the coal miners union he wouldn’t do that. were you lying then barry, or out in san fran? i thought electicity was your power of the future? and since the brilliant engineers of the university of michigan spent 900k on an 800sf “green” solar powered trailer, and the first winter the solar couldn’t keep the batteries charged, and the electricity went out, and the pipes froze and burst, but hey solar power will drive the recovery. yeah, over $1000 per square foot and the whole thing has to be rebuilt yearly. then there is the great l.a. school district solar project, where they had to abandon the program after spending tons of our money because to operate these green schools was bankrupting the district. TRUST ME, IF SOLAR POWER CAN’T WORK IN L.A. IT CAN’T WORK ANYWHERE. LET’S INVEST HARD ASSETS INTO STUFF THAT WORKS, AND LEAVE THE PIPE DREAMS FOR PROFESSORS.
Cap & Trade, the next great speculative bubble. The derivatives market is foaming at the mouth.
TAx and RAtion, small coffins on wheels for all.
Before buying one of these CLOWN cars, better check with what the IIHS has to say about these suicide vehicles.
Our only consolilation will be that the increased taxes on these pipe dreams (aka: YesWeCan) will make it all but certain the very people that voted and supported this guy will be the ones most hurt by it. Higher costs of energy will result in people freezing to death in the winter and dying from heat in the summer. Congratulations.
But, aren’t the Blue-Dog Democrats now Lavender?
Waxman looks like the kind of guy that has his laptop seized by the authorities.
Thus the title RINO Phil.
It was established fact that McCain/Obama two sides of the same coin. The only comfort I took in a GOP vote was a: He’s old and b: Sarah would be the one to step up.
But you’re right, both parties are the problem.
That’s the Tea Party message.
I have called my representives and senators to no avail. This state has the three stooges in the house and dumb and dumber in the senate. They vote the party line on everything.This country is going to hell in a hand basket.
Would anyone expect the Heritage Foundation NOT to produce some doomsday numbers about protecting the environment?
Of course not, so why read what they produce, when they’re being funded to produce numbers that help the conservative cause in the first place.
It’s absolutely OUTRAGEOUS! Not just the information about these tax drunk liberals like Waxman and Markey that Heritage has brought to light, the FACT that there is not ONE – ZERO – NADA – NOTHING – not ONE shred of scientific EVIDENCE that supports the claim that CO2, ALL of it, has ANY measurable affect on climate let alone the puny amount that we add to it! Empirically, the correlation between CO2 and temperature in ice core samples are in REVERSE order of what was assumed by the IPCC. Global warming causes CO2!
DUH! Fact – the oceans warm up and release CO2. Fact – The warmer soil gets the more res pirating microbes there are releasing CO2. Termites alone emit more greenhouse gases than we do!
It is TOTAL FRAUD! The arctic is now COOLING! There is FREEZE WARNING in Maine tonight! On April 29th, Australia recorded the LOWEST temperature EVER, -13 degrees, at Charlotte Pass in the Snowy Mountains.
Posted over at icecap.us :
Not exactly consistent with the idea of global warming huh?
What part of global COOLING is it these nitwits simply FAIL to comprehend?
The ocean temperatures generally lag atmospheric temperatures by a few years and now that the air has been cooling for about 8 years – the oceans are definitely on a cooling trend as well. The ocean has ONE THOUSAND TIMES the thermal mass of our atmosphere! With cooling ocean temperatures – you can take cooling to bank!
More on ocean heat here.
AGW is simply the biggest FRAUD of all time!
Ahh, you mean like all the government grants that have gone to scientists to prove that man made global warming exists, whereas any scientist that asks for a grant to prove it does not is turned away.
Mt. Pinatubo eruption put out more greenhouse gases and particulate in 5 minutes than humans have contributed in the last 50 years, according to the History Channel.
So even though you cannot offer reasoned debate to refute their projections, you are saying that people should nonetheless ignore them because they support conservatism? Are FACTS now things that belong to a given political party?
Only mentally disturbed people think that way. (and Heritage has a track record of being right… AL Gore’s global warming doomsday track record is? )
And Nancy Pelosi’s last press conference outdid Mt Pinatubo by a factor of three!
***
HANGFIRE #19 and et all hit the target dead center. “Global Warming” is a load of C**P.
***
Like President Obama’s (PBUH) advisor RHAMBO said, “Never let a good crisis go to waste!”
***
And no crisis is really necessary–the democrats / liberals / socialists / marxists / communists will use anything to TAX AND DESTROY our capitalist system.
***
John Bibb
***
I wish just one of these global warming enthusiasts would stick around for a little in-depth debate on the subject, but it’s always “swoop and poop”. Several days ago I posted a few question for any MMGW expert interested in taking them up. Last time I looked there were still no takers (although I haven’t looked in a few days.)
They must be the most cocky, smug, “we won, HAHA” congress we’ve ever seen in power. If the keep it up, maybe we can get a total rout come 2010.
All this crap is coming at us so fast I am getting a sore dialing finger, and can’t figure out what to call about first!
I’m not saying they’re right or wrong. I’m just saying that they exist, and are funded, for the sole purpose of producing these numbers. So their numbers are, ipso facto, WORTHLESS.
I think it was Ezra Klein a couple months ago who said that cap-and-trade would cost something like 1.5% of GDP, which is a ton in real numbers, but when you think of it as an insurance policy on the planet is pretty paltry. (I don’t know where his numbers came from, and they may be no more valuable than Heritage’s.)
Considering that Gore was predicting global warming decades ago, and the period since 1998 has been the hottest on record since at least 1880, I’d say his track record isn’t too bad.
I guess you forgot about this little National Geographic Article (not a very right wing publication).
As for the whole hottest temps ever deal. I suggest you see this movie. In it the mention that the Earth was covered almost entirely in water during prehistoric times due to the lack of ice caps. Kind of hard to blame it on mankind when man was not even around then.
Your opinion is, ipso fatso, just stupid.
Refute the numbers, if you can. If not, shut up.
Heh!
That’s the term my late father would use!!
Source? I seem to recall that the 1930’s were at least as warm, maybe warmer.
Not according to the ice levels world wide. They are above the average for this time of year. Yes it showed a warm time, but now it is getting colder again. Seriously RSS, don’t you question ANYTHING?????
http://arctic.atmos.uiuc.edu/cryosphere/IMAGES/global.daily.ice.area.withtrend.jpg
But the author exhibits typical greenie illogic. With virtually ALL of the heat on our planet coming from the Sun, she just can’t help herself from saying
Gee! Human’s are more powerful than the Sun itself! I swear some of these nitwits actually think CO2, all .04% of it in the air, is some sort of heat source by itself? Maybe with enough CO2 we can break orbit and go to another galaxy – or at least hope she will.
Interesting that you’d take that attitude, because one could easily make the counterpoint that everything Gore says is for the sole purpose of making himself rich at our expense.
Actually it was the Buhddist nun that gave Gore a $30k check in 1996 that predicted Global Warming.
Seriously, RSS, Gore did nothing but latch on to the musings of a professor he had in the 1970’s, and he apparently hasn’t ever questioned it. If the professor is right, fine. But Gore isn’t capable of predicitng the next thing to come out of his own mouth.
I’m still waiting for one of these global warming “experts” to explain to us what the proper level is for CO2, and how they plan to maintain it. I’d also like to see their plan for regulating solar energy, since that is the primary source of planetary warming.
1934 was the hottest year
Are you 90?
Did Gore predict this condition at the north pole in March of 1959?
In fact, the greatest amount of open water in the arctic was back in the 40s! Oh, but don’t let facts like that get in the way of using a slight warm up a few years ago, one that doesn’t come anywhere near close to the 40’s, from the Catlin Arctic Survey, funded by million$ from ‘green’ investment groups (i.e. watermelons), from convincing you that the arctic ice is melting like never before and we’re all doomed…
By the way, the hottest year on record in the last 100 was in 1934 – NOT 1998!
And NO you may NOT use temperature records from URBANIZED monitoring stations that do NOT meet NOAA’s site specifications! Well over 60% of the GISS comes from stations that are doing nothing more than proving the urban heat island effect with temperature readings that are inflated by over 2 degrees C with the inflation occurring more and more over time.
Compare Orland CA with Maryville CA then LOOK at the difference in their respective settings.
RSS, your own chart shows that the globe is cooling.
As DwD points out, this anomaly appears to be caused by the location of the measuring instruments, not changes in the global temperature. And even at that, your chart shows a distinct cooling trend over the past several years, although the production of CO2 has continued to increase as the developing world continues to, well, develop.
They plan to reverse that. The development I mean.
The Chinese among others may give them an argument. They’re already well to the right of the Democrats on economic policy.
http://www.cru.uea.ac.uk/cru/about/
The source of RSS’s chart. The groups funding is based on finding AGW information. This means if there is no manmade global warming they don’t get money.
HHHMMMMMM….
Even NASA has it as a TIE (and they’re in the bag for the political leverage they add by subverting the data as James Hanson has already been caught red-handed doing several times, (while not busy advocating destruction of private property…)
txvet2, The New Zealand business enviroment is also considered more free than the US business enviroment.
I have my exit strategy if everything goes to crap..
As someone who used to live in the VA 9th district, I can say that Boucher is one of those people who have been in Washington for nearly 30 years and needs to be voted out of there. The only reason he gets elected is that fact that he is from the Abingdon-Bristol area (the 2nd most populous area in the district next to Blacksburg – the people from there won’t vote against someone from another part of the district because they don’t want to lose their influence). The union/coal people back him because he’s a Democrat, and then he gets the votes from the people registered to vote in the VA Tech area (college campus, take a guess as to what side they vote for), combine those things and he’s nearly undefeatable since the rest of the area is sparsely populated. He endorsed Obama last year before the VA primaries and the district’s Dem primary went heavily for Clinton – word on the street was that if the GOP could have found someone to run against him they’d have took the seat, but unfortunately no one wanted to try.
False
EXACTLY!
I think I read that 5 BILLION tax dollars have been spent on ~studying~ global warming which means thousands of hacks would be out of work if they said no problem exists. Oh but let Fred Singer get a $30K honorarium from the petroleum institute and that makes his scientific findings untrustworthy…
I always wanted to visit New Zealand, but the closest I ever got was an R&R in Australia.
So by RSS’s own reasoning, anything they publish can be discounted:
Now that we have that established, he still hasn’t produced any evidence to demonstrate actual warming over the past century.
We should have data showing a period of warming following volcanic events.
We don’t.
In all seriousness, we had better exploit the colder regions of the planet as much as we can right now, because if the scientists who point to solar activity as the primary source of planetary warmth are right, given the current and continuing reduction in sunspot and solar wind activity, we’re in for a looong, cooold winter, and we may be heading into a period where we won’t be able to extract energy from the Arctic and near Arctic regions for maybe a couple of centuries. I say “we”, although most of us won’t be around to see it. Our grandchildren will be paying for our current stupidity.
Predictions are, if the Yellowstone supervolcano erupts, the world will endure a period of cooling to make nuclear winter look positively warm.
If that happens, we’re cooked (pun intended). I mean, that would be a culture and civilization killer.
I just left messages on my AZ senators voice mail, letting them know my feelings on cap and trade. My husband looked over the checks we sent to our utilities over the last 2 years. Our electic bill increased over $100 from 2007 to summer of 2008. If it goes up anymore…we won’t be able to afford living here..we are fine with mortgage, it’s the utilities that are killing us!!!
Does give all new perspective to the phrase “burn in Hell”. The southern hemisphere should make out fairly well, although it’s debatable how civilized they are. The main point, of course, is that we know that sooner or later it’ll erupt, but there isn’t a single thing Obama or RSS can do about it, nor can they do anything about pretty much anything else to do with the earth’s climate (except on a micro scale, like cloud seeding).
I just compensated by cutting back on my electricity usage. Easier for a single than for a family, I know.
Oh Tex, thank you, and yes, believe me, we have been cutting back majorly..this year will tell…it’s 109 out right now, my air is set on 88. Every thing that could be plugged in is not…it still went up last year. Electrical District # 3 is an off shute of Arizona Public Service, lots of hidden taxes already…I’ll let you know. We don’t wear many clothes during the summer and thank goodness for swimming pools! LOL!
Red State – go back and reread your junior research methods textbook. Did you check Heritage’s projection methods? Since they are not mentioned in this article, how do you know if they are accurate or not?
Heritage Foundation obviously is politcal in nature, but it does not mean their numbers are incorrect. For you to assume otherwise is close-minded and dismissive.
Cap and Trade = Higher Energy Costs = More Americans on Govt Subsidies = All Part Of The Plan
Also, huge profits for energy traders like Obama’s owner, George Soros.
They should call it the “Taxman Bullmalarky” Bill
Called and e-mailed all my reps, Dicks, Cantwell and Murrey, like it’s gonna do a lot of good. At least I can say I tried! lol
Sarge
NASA quietly fixed an error in its data so that it now shows that 1934 was the warmest year on record.
Also, the Arctic is cooling, and now has more ice than when satellite recording began in 1979.
Of course, Al Gore and the mid-stream media haven’t mentioned those little factoids. Follow the money, follow the money.
The Wax museum man and the Malarkey Bill.
We could have had nuclear power plants all over our country by now like they have in gasp France, but the evironmental nazis of the Dumocrat party are irrational afraid of radiation because their brains are incapable of rational thought. They FEEL that radiation is dangerous and therefore it IS. Don’t confuse them with the facts, their minds are made up based on their feelings.
feelings…
Nothing more then feelinggggs,
trying to forget my…feelings of,,,
crappppppp!
It’s 110 at 6:13 pm in Maricopa AZ
my house still cools off after 88 degrees.
Do we really want to cool down the planet? Check out an article from Geophysicist David Deming on the American Thinker Site.
http://www.americanthinker.com/2009/05/the_coming_ice_age.html
Oh that’s right the science is settled on Global Warming…NOT!!!! What a bunch of idots in Washington!!
Thanks Fru, I was looking for that link.
I was also looking for a quote I thought I saw on Wikipedia recently from James Hansen, head of GISS at NASA, who claimed that October 2008 was one of the hottest on record and it turned out that it was one of the coolest. Funny, it doesn’t seem to be there…
Freeze warnings were issued for all over the northeast down into West Virginia last night. We haven’t seen record lows like this since the 80’s.
Global warming my A**!
fixed it (the way it should be)
Dude, that’s because they are.
It has nothing to do with protecting the environment or “equality” – it has everything to do with them hating the country that made them so wealthy and seeking to destroy it.
While keeping their freedoms and wealth intact, of course.