Cap and Trade

God's Warrior · Cap and Trade

In 2007, MIT did a study on the costs of cap and trade and found that cap and trade proposals that would reduce carbon emission by 50% to 80% below 1990 levels by 2050 would cost the American household $800 a year in economic losses and $3,100 a year in taxes collected by the federal government. That’s a total $3,900 cost for the average American household! How does this cost compare to other household expenses?

http://blog.heritage.org/2009/05/...cost-average-american-households/

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Email quote from my friend Jim.

God's Warrior

Obama met behind closed doors with House Democrats to pressure them Obama and Biden Press House Democrats for Quick Action on Climate Bill
Updated 6:11 p.m.
By Shailagh Murray and Juliet Eilperin
http://voices.washingtonpost.com/...iden_press_house_de.html?wprss=44

President Obama and Vice President Biden urged a group of House Democrats at a White House meeting this morning to move forward with climate-change legislation that has become a subject of controversy among some Democrats and threatened to stall health-care reform.
The president asked a group of 34 House Democrats for quick action on a bill written by Energy and Commerce Chairman Henry Waxman (D-Calif.) and energy and environment subcommittee chairman Ed Markey (D-Mass.) to cap greenhouse-gas emissions by distributing carbon permits to polluting companies. Maximum emission rates would decline over time under the Waxman-Markey plan, forcing companies to adopt alternative energy sources or cut consumption.
Democratic Reps. Jay Inslee (Wash.) and Doris Matsui (Calif.), who both attended the meeting, said the president emphasized the historic nature of the climate bill.
"He told us, sometimes we do things of real impact. And none of us would want to look back in twenty to thirty years and think we had punted on something of a historic nature," Inslee said.
Obama has two reasons to lean hard on Waxman's committee: He wants to show progress on a major campaign pledge to address global warming, and he wants to clear Waxman's agenda for the health-care reform bill that is the panel's next order of business.
The fiscal 2010 budget sets an Oct. 15 deadline for the health-care legislation to clear the House and Senate under special budget rules that would protect it from a Senate filibuster.
Waxman and Markey had hoped for a committee vote on the so-called "cap and trade" plan by Memorial Day, although the Senate is moving at a much slower pace. But during hearings last week, Democrats on the House panel raised a series of concerns, including the bill's potential harm to coal-producing states and the prospect that industry costs would be passed on to consumers.
By late Tuesday, Waxman was considering bypassing a subcommittee markup on the bill in favor of the full committee, where leaders could afford to lose more Democratic votes, but he said "no final decisions on process have been made."
White House press secretary Robert Gibbs read a synopsis of the meeting at his daily briefing this afternoon. "The President outlined core principles that should guide the energy legislation as the Committee finalizes it," Gibbs said. "The President believes that consumers and communities should be compensated if, during the transition period, there are any additional costs associated with reducing carbon emissions. He believes there should be predictability and certainty in the market, so that entrepreneurs can make major private sector investments in clean energy innovation. He also believes that regional impacts should be taken into account and addressed -- and that our trade sensitive industries need to be protected."
"Cap and trade is a tax, and it's a great big one," Rep. John Dingell (D-Mich.) told Al Gore when the former vice president appeared to testify on Friday. Dingell, who was ousted by Waxman as committee chairman, was paraphrasing the GOP's widely repeated "cap and tax" attack line.
Rep, Rick Boucher (D-Va.), a key swing vote on the committee, said he and other Democrats were "making real progress" in hammering out a compromise. The president, Boucher added, "is trusting us to work things out in committee, and he's not putting down markers."
Waxman told reporters after the meeting that his Memorial Day deadline for a committee vote still stood, although beyond that, the bill's timing remained vague. He said he and Markey would be "mindful of the regional concerns and the ratepayers" as it moves forward with the cap-and-trade bill.
"The president says he wants legislation, he wants us to move as quickly as possible," Waxman said. "We said we're moving it this year and he didn't object."
House Majority Leader Steny Hoyer told reporters at a Capitol briefing Tuesday morning that although Democrats had not reached consensus on the climate change bill, "I think they can still get there" by the end of May.
Matsui said the meeting gave members a sense of the importance of reaching an agreement that could ultimately pass muster in both chambers. "We're very diverse," she said of Energy and Commerce Committee Democrats. "If we can come together will a bill on that committee, we'll have a bill that can go through the Congress."
Democratic lawmakers and the White House did agree to move forward with a "cash for clunkers" plan providing incentives for drivers to trade in their old cars for more efficient new models, which Matsui said signaled movement on the overall bill. Under the agreement, which will last for a year and cover roughly one million new car and truck purchases, consumers will be able to trade in older vehicles and receive vouchers worth up to $4,500 to help pay for new, more fuel efficient cars and trucks. In addition to lowering pollution, the proposal is aimed at jump-starting U.S. auto sales.
"We have the momentum," Obama told lawmakers toward the end of the meeting, according to a Democratic source familiar with the session.

God's Warrior

Why Obama and Waxman Are Fast-Tracking the CO2 Tax

There’s a reason Obama and Waxman are pulling out the stops to pressure Democrats to pass this tax through the Committee…

Obama, Waxman, Pelosi and the gang fear that any delays
could kill their precious plan to “save the planet” and give
the government the power to tax and control the air!

That’s because even some Democrats are now getting nervous about imposing such a large tax at a time when the economy is struggling. Reports indicate this new tax could cost the average American over $3,000 every year and result in 7 million lost jobs!

Go here to download a .pdf of the MIT report from which the $3,100 estimate is generated.
http://web.mit.edu/globalchange/www/MITJPSPGC_Rpt146.pdf

God's Warrior

Pertinent govt. data reports $366 billion will be gained in carbon tax revenues. The GOP is using this number, divided by 111 million households, to derive the roughly $3,100 cost per family.

May 8, 2009 The New York Times reports that Waxman will produce a new version of the bill this week to appease the concerns of moderates.
http://www.nytimes.com/cwire/2009...pledge-to-produce-clim-12208.html
Americans Oppose this new Tax

Democrats and the White House try to claim that cap and trade is not a tax. But Warren Buffett recently admitted that cap and trade is a "regressive" tax that the utilities will "pass through" to consumers. And even Democrat John Dingell admitted recently that "Cap and Trade is a tax, and a great big one."

How big is this tax? Obama's shows "only" $600 billion for carbon tax revenues -- that alone would be the largest single tax increase in history. But the real, hidden number is closer to $2 trillion over 8 years. And the American people overwhelmingly do NOT want the Carbon Tax (by a 2-to-1 margin according to Pew Research).

God's Warrior

UPDATE: Listen to Steve Elliott's interview with G. Gordon Liddy on the Carbon Tax.

http://www.audioacrobat.com/play/WJj3Y59S

All signs indicate that President Obama and Rep. Henry Waxman are pushing for a key vote on the Carbon Tax -- a tax that studies show will cost each family $3,100 each and every year.

God's Warrior

Cap & Trade program and Carbon Tax
Alfred Deramo debunks climate change issues:
http://www.resistnet.com/profiles/blogs/obamawaxman-fast-track-carbon

God's Warrior

BBC Stirs Debate with Global Cooling Article
Monday, October 26, 2009

Washington -- Have you heard that the world is now cooling instead of warming? You may have seen some news reports on the Internet or heard about it from a provocative new book.

Only one problem: It's not true, according to several independent statisticians who analyzed temperature data for The Associated Press.

The case that the Earth might be cooling partly stems from recent weather. Last year was cooler than previous years. It's been a while since the super-hot years of 1998 and 2005. So is this a longer climate trend or just weather's normal ups and downs?

Read the entire article at the link below.
http://www.newsmax.com/insidecove...3.html?s=al&promo_code=8F77-1

God's Warrior

From the Desk of:
Steve Elliott, President, Grassfire.org Alliance

Grassfire has just learned that unprecedented power will be awarded to the president in a climate "carbon level" emergency! Such a move could potentially shut down American businesses and cost untold numbers of jobs and produce no environmental benefit.

Senator John Barrasso (R-WY), an outspoken critic of the Cap and Trade legislation warns, "Emergency powers are granted to the President in times of natural disaster, war or after events like the 9/11 attacks. The President should not have the power to pick winners and losers in our already struggling economy."

Obama's Unprecedented Presidential Power

As if the Federal Government doesn't have their hands in too much already with high-jacking the banking, auto, healthcare, insurance and student loan industries, now they are plotting a climate take over!

As citizens we cannot allow this kind of aggressive gutting of our country and its people to go unchallenged. That's why we are urging ALL members of our team to sign our petition opposing Cap and Trade legislation.

Click here to sign now:

http://www.grassfire.net/r.asp?u=23035&RID=18172530

I fully anticipate a vigorous Cap and Trade push, and am calling on you to help me rally and mobilize 100,000 grassroots citizens over the next ten days--citizens who...
...refuse to support any attempts to "fix" our environment without measurable results!

...object to another stifling tax--as much as $3,100 per family annually.

...will stand against self-serving lawmakers who think nothing of passing along an overpriced, overreaching ineffective legislation while ignoring the effects on American households and businesses!

...resist giving the President supreme power over climate control!

I'm not standing for it, and I'm trusting that you won't either. After signing, send this message to 25-30 friends, urging them to take immediate action by signing our petition and taking a stand against unprecedented government control and skyrocketing taxes by clicking here:

http://www.grassfire.net/r.asp?u=23035&RID=18172530

We can't shoulder the crushing financial burden Cap and Trade will spawn, and we certainly don't want President Obama to broaden his unbridled power.

Thank you in advance for standing with me against this oppressive Cap and Trade legislation.

Steve Elliott
President, Grassfire.org

P.S: Sign our petition by clicking below, and after you do, help me reach and rally an additional 100,000 grassroots Americans over the next 10 days by urging them to click here to sign our petition:

http://www.grassfire.net/r.asp?u=23035&RID=18172530

To contact Grassfire.org with comments, questions see link at the end.)

Grassfire.org Alliance is a non-profit 501(c)4 issues advocacy organization dedicated to equipping our 1.5 million-strong network of grassroots conservatives with the tools that give you a real impact on the key issues of our day. Gifts to Grassfire.org are not tax deductible.

Comments? Questions?
http://www.grassfire.net/r.asp?U=23033&CID=106&RID=18172530