Thousands Petition Gov. Brown To End Cap And Trade
By Amy Quinton, California Capitol Network
Californians Against Higher Taxes and business groups delivered the petitions against
what they call an illegal and hidden energy tax. The cap and trade program would
limit greenhouse gas emissions by requiring polluters to purchase pollution credits
at auction.
But John Kabateck, with the National Federation of Independent Businesses,
says it amounts to an illegal tax that would kill businesses. “Experts say that this tax could drain 30-billion dollars from California employers by the year 2020, those costs will have to be passed onto someone and that means small business owners and consumers are going to be hit with higher prices.”
Opponents also say the program is unconstitutional without a vote
by the people or a two-thirds vote in the legislature. Assembly Speaker John Perez has said spending and regulating auction revenues doesn’t constitute a tax.
Source:
http://www.kpbs.org/news/2012/may/30/thousands-petition-gov-brown-end-cap-and-trade/
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Due to the cost of electricity in California rising to somewhat over 23 cents / kW-hr, it is now cheaper to cook dinner on a gasoline camping stove on the patio than to use clean electricity from a nice nuke or coal plant.
And that’s BEFORE Cap and Tax gets really rolling..
So for the last several days, I’ve been burning charcoal and gasoline in the back yard cooking dinner…. Now I LIKE my BBQ, and it’s not like I’ve never run it before. But what is different is that I’m now only using my clean All Electric Kitchen when I simply can’t make smoke and flames outdoors (things like rain…)
California is a very silly place…
Oh, and if you shop for a bulk tank fill, running a propane BBQ is cheaper too…
http://chiefio.wordpress.com/2012/05/29/camping-at-home-is-cheaper/
I also have some various large woody things growing in the yard, so an efficient little “Rocket Stove” means I can cook for free, just by burning “Yard Waste” that would otherwise end up being composted and used to enrich the soil. Heck, you can even make a nice little stove out of old beer cans:
http://chiefio.wordpress.com/2012/05/27/beer-cans-will-save-the-world/
So we’re well on our way to becoming a good 3rd World Country… The Peoples Republic of Kalifornistan…
Besides, there’s LOTS of old trees in the neighborhood…
$30 Billion by 2020???? Think again, once the industrial and fuel sectors are added to the auction in 2015 and if certain market regulatory control mechanisms related to the size of allowable holdings kicks in coupled with an inadequate supply of cost reducing offsets, the price of allowances is forced higher, the resulting costs to CA consumers is likely to exceed $100 Billion. The only estimates that anyone refers to today are the absolute lowest. This is not a likely scenario. Expect market swings that will increase costs, economic damage and business leakage to other states, before CA can react to stop it.