Steve Milloy’s Green Hell blog has the scoop. A poll follows.
Leak of the day! Kerry-Lieberman cap-and-trade bill
Most of the world will learn tomorrow about the Kerry-Lieberman cap-and-trade bill.
But you can check out the bill summary and section-by-section analysis today!
First rule of keeping your job as an elected politician… If you don’t have a crisis to solve, invent one.
Take away the CO2 crap, and its not too bad.
The ‘rebates” will be “means tested” this means that people that the people who pay taxes will get small rebates and the people who don’t pay taxes will get large rebates. Its just a mechanism for one party to buy votes.
Take away the CO2 crap, and is there anything left?
If they REALLY wanted to do something positive about energy they would
#1 Build as many hydro electric dams as they possibly can in each and every state.
#2 Build as many nuclear plants in as many states as they can. Fast track them with the proven french design
#3 Remove ALL taxes from generated electric power, electric power plants and electric power plant personal while requiring the power companies to retain the same level of profitability (no windfalls allowed)
#4 Produce decent hybrid cars in the government run plant by kicking out Obama’s cronies and replacing them with decent engineering and business types.
If you want to get a little crazy:
#5 Put in or increase the number of commuter rail cars that allow bikes and golf carts to be carried as they do in Europe. [I commuted by train & bike in Boston but I had to walk part way because I could not take my bike on the train. The bike got stolen.]
#6 Ban the use of cars during working hours in congested cities except for handicapped and the elderly. Or at least provide decent security at commuter rail parking lots with a bike lock-up check room at every rail stop.
With cheap electric power available, the use of home heating oil/propane/wood will drop and the use of hybrid commuting cars will increase. Making it easy to use commuter rail/bike/golf carts instead of cars would really help too.
How about the rest of you refining, criticizing and adding to this and we submit it as a rival bill????
All the got left is lies, and that’s a really hard sell.
It’s reparations in a pretty green wrapper.
“We include a hard price collar which binds carbon prices and creates a predictable system for carbon prices to rise at a fixed rate over inflation.”…
Price fixing thrown in for good measure! That always works.
Here’s a preview for whatever happens with Cap N Trade:
America rises and overturns all these high tax bills that have, or will, become law—including President Obama’s “necessarily skyrocket”ing energy bills.
The sooner everyone capitulates, acquiesces and accepts the enlightened leadership of the elected including ‘the one’ and his numerous appointed, the easier it will be from a mental-anguish aspect. Certainly they are guided by the highest of principles, the greatest of ideals, the most and best-informed laboring in the sciences?
… as if I believe those words …
.
.
Would you buy a car from either of those two?
It takes real con artists to sell a line of bull that bad, and keep a straight face while doing it.
And Pam, the Democrats were not like this in my parents day. At least it wasn’t so painfully obvious.
Outside of Washington, in the real world, it is also bizarre. While the NYT announces China has increased coal generated electricity by 24% in the first quarter compared to a year ago, Toronto initiates a $125 fine for idling a car more than one minute.
Whatever will be done in Washington, or Toronto, will be overwhelmed by increased emissions in the developing countries. The Western politicians are oblivious to the pointlessness of what they are doing. And oblivious to the probability AGW is no problem.
It’s the economy stupid.
Trouble is, stupid keeps doing everything they can to slay the economy.
Take away the treasonous, slime-covered, Socialist crap, and it’s not too bad.
The first sentence of the draft summary was interesting. “the air we breathe”. I wonder if other readers remember the report by EcoAmerica on re-branding climate propaganda –
http://ecoamerica.org/sites/default/files/press/ecoAm_Climate_Energy_Truths.pdf
From page 5 –
“Protecting our health and our legacy to our children: When placed in a
broader context of energy independence, national security, and economic
concerns, concerns about polluting and protecting “our land” and “the air we
breathe” are persuasive. This should not be used at the beginning of the message, but they add synergistically to the power of messages that include other values (e.g. prosperity, self-sufficiency, and independence) that are persuasive from the start. Health is even stronger in the climate debate and is one of our strongest messages to women.”
Although very disturbing, it is well worth reading the report. It is fascinating how heavily this work seems to be influencing Obama and other Democrats.
The leaked American Power Act Draft (I’m making the assumption that document is authentic) isn’t quite as looney as the Summary but it introduces some pretty disturbing ideas.
The Bill would essentially restrict Carbon Futures trading to a specific exchange (organization) and mandate the purchase of the contracts. This implies the governments interest in creating a monopoly as it either directly or indirectly imposes the futures contract on everyone.
I have nothing against Futures trading but I’ve never been mandated to buy a futures contract nor am I interested in creating a monopoly with tax dollars. Is this even legal?
Assuming it is legal and given the US taxpayer is picking up the tab, why not make the exchange not for profit and return all profit on an annual basis to taxpayers to receive the hopefully tax free distribution. Note: if we paid for the goofy thing with tax dollars we’ve already been taxed once. This would also eliminate the “means testing” as it would require a taxpayer contribution to qualify for the distribution.
If business is also taxed to maintain this looney tool, business should also receive
a distribution.
I really don’t like the idea of using the profit to pay down National Debt. The loons in Washington will just use it as an excuse for more unfunded mandates and dig us into an even bigger mess.
But, if industry wants to pay my taxes instead of upgrading their systems which they already get to depreciate over 5 years, I don’t think I’d object.
Call to Arms
What freedom are you NOT WILLING TO LOSE before you take a stand?
Tell your Senators to vote no.
geo says:
May 11, 2010 at 3:41 pm
As to the climate change aspect, if you are just as sure as Phil Jones, only in the other direction, where “truth” is on this issue, then you and Phil have more in common with each other than either of you do with me.
Ah, yes, the old precautionary principle. How refreshing! Sorry, bub, the burden of proof is on the Warmists, otherwise the null hypothesis holds. Nice try.
Oh, and your whiny question about where our oil comes from is a straw man. No one is against becoming more energy independent. This horrible bill is not the way to do it, though.
Oh, this is a mine of wisdom 🙂
Two thirds of all revenues “not dedicated to reducing the deficit” will be [returned] back to the consumer
One must ask, then, why take it from the consumer in the first place? But, we see the reason: not dedicated to reducing the deficit. If the senators and congresspeople were sooo concerned about the deficit, then wouldn’t they just stop spending other people’s money? But I digress.
Is the megalomania one politician too far: … we provide predictability… So, is the senate going to regulate the wind?
After an initial transition period… Yes, and income tax was a temporary measure.
I could go on and on and o0n and on. I trust in the American tradition of chasing snake-oil men out of town.
Remove the CO2 garbage, and it sounds alright. It’s time we stop importing crap at artificially low prices from countries that don’t live up to our emissions and pollution standards. I think that’s why industry has moved out of the USA: we try to run a clean ship and corporate greed says, “Hey, I can do this in *insert some other country here* where they don’t have all of these compliance costs or OSHA costs or labor costs, and I’ll make a huge profit!” Then they undercut everyone else until the rest of the industry is forced to leave our shores to be cost-competitive.
I’ve said enough to get everyone here riled up so I’ll shut up. I read this blog daily, and I don’t buy into any of the CO2 crap, but I think something needs to be done to stem our lust for cheap overseas pollution.
I voted “don’t know” as it is soooo stuffed with bribes for businesses that it might pass. The American People are serfs in this bill.
Tom T says:
May 11, 2010 at 2:48 pm
“2/3 of revenue not dedicated to deficit reduction goes to consumers, where does the rest go, to the Kerry, Lieberman reelection committees? how much is dedicated to deficit reduction, 100%? I don’t believe any of these wonderful things that this bill claims to do will actually happen.
My vote in the poll depends on whether or not the bill comes up before the November election. If it does it might pass the same way health care did, but there might be enough Dems from coal states that it won’t. If it come up after November then there is no chance.”
What Tom said… he beat me to it.
John Galt says @ur momisugly May 11, 2010 at 2:35 pm:
Is it OK if we call it communism instead?
The so-called precautionary principle has some value, but it depends on the price vs the consequences.
Are you saying that a precautionary principle of $1 to hedge trillions is the same as $40 trillion dollars to hedge $1 in losses?
Because if you are, well we part ways, have a nice day.
But if you aren’t, then surely the actual price of the given bill vs other options that have been put on the table has some relevance to the discussion? How does this bill compare to Waxman-Markey, for instance? How does this bill compare to what the AGWers tried to get at Copenhagen?
“This horrible bill is not the way to do it”. Oh, nice try yourself. Apparently you are a champion vote counter in the US congress. Please give us your bill to accomplish that. If you can show the votes for it as well, perhaps I will offer my own support. I want to see this bill that brings back nuclear into the US energy equation that you’ve got the votes for. Show us, please!
Pamela Gray,
your only hope is the US Constitution. Those that wrote that document were very smart and wordly-wise. They were libertarians all; they wanted to restrict the power of ogvernment over “the governed”.
Totally unacceptable.
Kill that Bill!