‘Cap and Trade’ For CO2 Needs a Stake through the Heart

From American Thinker:

Cap and trade (C&T) is in the news again: Global Carbon Market trading (practically all EU) climbed to $176 billion in 2011 according to the The World Bank, which has just released its annual State and Trends of The Carbon Market in 2012.  That makes it about the same value as total global wheat production — which supplies about 20% of the calories consumed by the 7 billion people on planet Earth.

Meanwhile in Sacramento, CA, passage of Assembly Bill 1532 on May 29, signals a shift from regulation of air pollution to an outright war on business and industry in California.  And in Los Angeles, the Cal Air Resources Board (CARB) is moving to implement a state-wide C&T scheme by Jan 2013 that will be like a carbon tax, yielding annual revenues of about a billion through the auctioning of emission permits.

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Comments

  1. Wild Bill says

    Well Comrades, our Glorious Politburro’s in Washinton favor us with more of their Glorious step “forward” with their passage of the “Cap & trade scheme”, thank you Congressmen Henry Waxman and Markey. By the way Congressman Waxman is from the L.A. area.
    They have used their twisted minds to drain nd bilk as much money out of us as they can think of. In the “Free Intelligent World” they know this is a scheme. But in the Dim Witted Dummocrap world they giggle and think this is correct and say “we got them again comrades”.
    My advice is to kick this “ugly bald headed Waxman” out of office. He is like the rest of the “Politburro” in Washington, crooked and self serving. A waste of a human life.

  2. iF CAP AND TRAP WERE ANYTHING OTHER THEN A SCAM FOR THE GUBMENT TO CREAT ANOTHER STICKY FINGER IN THE POCKETS OF TAX PAYERS. THERE WOULDN’T BE ANY SUCH THING AS CAP AND TRAP FOR US TAX PAYERS TO HAVE TO WORRY ABOUT. THIS SCAM NEEDS ONLY TO BE ADVERTIZED FOR WHAT IT IS. IT HAS NOTHING TO DO WITH SAVING THE PLANET, THE LIE THAT FUELS THE SCAM. THE TRUTH IS THAT TAX AND TRAP IS TO MAKE THE TAX PAYER POOR AND THE GUBMENT RICH. THATS ALL THERE IS TO IT.

  3. HENERY TAXMAN NEEDS TO GO BACK TO HIS DAY JOB. NANCY PELOSI’S ITALIAN ORGAN GRINDER MONKEY. THAT WAY PEOPLE CAN THROW SPARE CHANGE AT HIM AT WILL AND NOT ON DEMAND.

  4. Talluluh says

    Just another way to drive out more businesses and keep more from coming in!

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