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  • Cap and Trade and the Illusion of the New Green Economy

    Roy Spencer Ph. D.
    Friday, July 3, 2009

    I don’t think Al Gore in his wildest dreams could have imagined how successful the “climate crisis” movement would become. It is probably safe to assume that this success is not so much the result of Gore’s charisma as it is humanity’s spiritual need to be involved in something transcendent – like saving the Earth.

    After all, who wouldn’t want to Save the Earth? I certainly would. If I really believed that manmade global warming was a serious threat to life on Earth, I would be actively campaigning to ‘fix’ the problem.

    But there are two practical problems with the theory of anthropogenic global warming: (1) global warming is (or at least was) likely to be a mostly natural process; and (2) even if global warming is manmade, it will be immensely difficult to avoid further warming without new energy technologies that do not currently exist.

    On the first point, since the scientific evidence against global warming being anthropogenic is what most of the rest of this website is about, I won’t repeat it here. But on the second point…what if the alarmists are correct? What if humanity’s burning of fossil fuels really is causing global warming? What is the best path to follow to fix the problem?

    Cap-and-Trade

    The most popular solution today is carbon cap-and-trade legislation. The European Union has hands-on experience with cap-and-trade over the last couple of years, and it isn’t pretty. Over there it is called their Emissions Trading Scheme (ETS). Here in the U.S., the House of Representatives last Friday narrowly passed the Waxman-Markey bill. The Senate plans on taking up the bill as early as the fall of 2009.

    Under cap-and-trade, the government institutes “caps” on how much carbon dioxide can be emitted, and then allows companies to “trade” carbon credits so that the market rewards those companies that find ways to produce less CO2. If a company ends up having more credits than they need, they can then sell those credits to other companies.

    While it’s advertised as a “market-based” approach to pollution reduction, it really isn’t since the market did not freely choose cap-and-trade…it was imposed upon the market by the government. The ‘free market’ aspect of it just helps to reduce the economic damage done as a result of the government regulations.

    (ARTICLE CONTINUES BELOW)

    Cap and Trade and the Illusion of the New Green Economy 250509BANNER

    The Free Market Makes Waxman-Markey Unnecessary

    There are several serious problems with cap-and-trade. In the big picture, as Europe has found out, it will damage the economy. This is simply because there are as yet no large-scale, practical, and cost-competitive replacements for fossil fuels. As a result, if you punish fossil fuel use with either taxes or by capping how much energy is allowed to be used, you punish the economy.

    Now, if you are under the illusion that cap-and-trade will result in the development of high-tech replacements for fossil fuels, you do not understand basic economics. No matter how badly you might want it, you can not legislate a time-travel machine into existence. Space-based solar power might sound really cool, but the cost of it would be astronomical (no pun intended), and it could only provide the tiniest fraction of our energy needs. Wind power goes away when the wind stops, and is only practical in windy parts of the country. Land-based solar power goes away when the sun sets, and is only practical in the sunny Southwest U.S. While I personally favor nuclear power, it takes forever to license and build a nuclear power plant, and it would take 1,000 1-gigawatt nuclear power plants to meet electricity demand in the United States.

    And no one wants any of these facilities near where they live.

    Fortunately, cap-and-trade legislation is not necessary anyway because incentives already exist – right now — for anyone to come up with alternative technologies for energy generation and energy efficiency. Taxpayers and consumers already pay for billions of dollars in both government research (through taxes) and private research (through the cost of goods and services) to develop new energy technologies.

    Whoever succeeds in these efforts stands to make a lot of money simply because everything we do requires energy. And I do mean everything…even sitting there and thinking. Using your brain requires energy, which requires food, which requires fossil fuels to grow, distribute, refrigerate and cook that food.

    Economic Competitiveness in the Global Marketplace

    Secondly, when instituted unilaterally by a country, cap-and-trade legislation makes that country less competitive in the global economy. Imports and trade deficits increase as prices at home rise, while companies or whole industries close and move abroad to countries where they can be more competitive.

    The Obama administration and congress are trying to minimize this problem by imposing tariffs on imports, but this then hurts everyone in all of the countries involved. Remember, two countries only willingly engage in trade with each other because it economically benefits both countries by reducing costs, thus raising the standard of living in those countries.

    The Green Mafia

    Third, cap-and-trade is a system that is just begging for cheating, bribing, and cooking the books. How will a company’s (or a farm’s) greenhouse gas emissions be gauged, and then monitored over time? A massive new bureaucracy will be required, with a litany of rules and procedures which have limited basis in science and previous experience.

    And who will decide how many credits will initially be given by the government to each company/farm/industry? Does anyone expect that these decisions will be impartial, without political favoritism shown toward one company over another, or one industry over another? This is one reason why some high-profile corporations are now on the global warming bandwagon. They (or at least a few of their executives) are trying to position themselves more favorably in what they see to be an inevitable energy-rationed economic system.

    Big Oil and Big Coal Will Not Pay for Cap-and-Trade

    Fourth, it is the consumer – the citizen – who will pay for all of this, either in the form of higher prices, or reduced availability, or reduced economic growth. Companies have no choice but to pass increased costs on to consumers, and decreased profits to investors. You might think that “Big Business” will finally be paying their “fair share”, but Big Business is what provides jobs. No Big Business, no jobs.

    The Green Jobs Illusion

    Fifth, the allure of “green jobs” might be strong, but the economic benefit of those jobs is an illusion. The claim that many thousands of new green jobs will be created under such a system is probably true. But achieving low unemployment through government mandates does not create wealth – it destroys wealth.

    Let me illustrate. We could have full employment with green jobs today if we wanted to. We could pay each other to dig holes in the ground and then fill the holes up again, day after day, month after month. (Of course, we’ll use shovels rather than backhoes to reduce fossil fuel use.) How’s that for a green jobs program?

    My point is that it matters a LOT what kinds of jobs are created. Let’s say that today 1,000 jobs are required to create 1 gigawatt of coal-fired electricity. Now, suppose we require that electricity to come from a renewable source instead. If 5,000 jobs are needed to create the same amount of electricity with windmills that 1,000 jobs created with coal, then efficiency and wealth generation will be destroyed.

    Sure, you can create as many green jobs as you want, but the comparative productivity of those jobs is what really matters. In the end, when the government manipulates the economy in such a fashion, the economy suffers.

    And even if a market for green equipment (solar panels, windmills, etc.) does develop, there is little doubt that countries like China will be able to manufacture that equipment at lower cost than the United States. Especially considering all of our laws, regulations, limits, and restrictions.

    So, What’s the Alternative?

    If anthropogenic global warming does end up being a serious problem, then what can be done to move away from fossil fuels? I would say: Encourage economic growth, and burn fossil fuels like there is no tomorrow! Increased demand will lead to higher prices, and as long as the free market is allowed to work, new energy technologies will be developed.

    As long a demand exists for energy (and it always will), there will be people who find ways to meet that demand. There is no need for silly awards for best inventions, etc., because the market value of those inventions will far exceed the value of any gimmicky, government-sponsored competitions.

    Why are Politicians so Enamored by Cap-and-Trade?

    Given the pain (and public backlash) the EU has experienced from two years’ experience with its Emissions Trading Scheme, why would our politicians ignore that foreign experience, as well as popular sentiment against cap-and-trade here at home, and run full-steam with eyes closed into this regulatory quagmire?

    The only answer I can come up with is: more money and more power for government. As a former government employee, I am familiar with the mindset. While the goal of a private sector job is to create wealth, the government employee’s main job is to spend as much of that wealth as possible. A government agency’s foremost goal is self preservation, which means perpetuating a public need for the agency. The idea that our government exists to help enable a better life for its citizens might have been true 100 years ago, but today it is hopelessly naïve.

    All Pain, No Gain

    And finally, let’s remember what the whole purpose of carbon cap-and-trade is: to reduce future warming of the climate system. Even some prominent environmentalists are against Waxman-Markey because they do not believe it will substantially reduce carbon dioxide emissions here at home. To the extent that provisions are added to the bill to make it more palatable to politicians from agricultural states or industrial states, it then accomplishes even less of what it is intended to accomplish: reductions in carbon dioxide emissions.

    And even if cap-and-trade does what is intended, the reduction in CO2 emissions as a fraction of global CO2 emissions will moderate future warming by, at most, around one tenth of a degree C by late in this century. That is probably not even measurable.

    Of course, this whole discussion assumes that the climate system is very sensitive to our carbon dioxide emissions. But if the research we are doing is correct, then manmade global warming is being overestimated by about a factor of 5, and it is the climate system itself that causes climate change…not humans.

    If that is the case, then nothing humanity does is going to substantially affect climate one way or the other. Indeed, given the fact that life on Earth depends upon the tiny amount of CO2 in the atmosphere, I continue to predict that more atmospheric CO2 will, in the end, be a good thing for life on Earth.

    Yet, many politicians are so blinded by the additional political power and tax revenue that will come from a cap-and-trade system that they do not want to hear any good news from the science. For instance, in my most recent congressional testimony, the good news I presented was met with an ad hominem insult from Senator Barbara Boxer.

    I can only conclude that some politicians actually want global warming to be a serious threat to humanity. I wonder why?

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    Comment Terms Of Use

    54 Responses to “Cap and Trade and the Illusion of the New Green Economy”

    1. Shear'Ree Says:

      My name is Shear’Ree – You may have already heard of me. In my life time, I have been written up by many major newspapers and magazines and been the guest on many major network talk shows throughout the nation. The articles and show topics were centered on my true dedication for the “betterment of others.” Just Google my name and you have a good insight as to who I am, including my political background.

      As most of us are aware – Our Country is being thrown under the bus and it seems that not too much is being done. We are hearing that America is starting to wake-up, which is great, however, we need to keep the alarm clock sounding and most importantly – we need to take ACTION!

      I want to help the American people take ACTION! I want to have real ACTION in every major city across this nation and make known to all the American people the real truth of what is happening in our country and the real truth behind our current Congress and the bills they are trying to pass. This ACTION will be centered toward all American people who can vote.

      It is time we get all of America Re-United and become Involved in our country again!

      I have the wherewithal when it comes to organizing, courage, backbone, energy and a Strong Will to succeed and most important – I am Pro America and I believe that the Constitution of America should be upheld!

      What I don’t have is the financial wherewithal to get this started, which is why I am writing to you. I am asking you to put your money where my mouth is and help me wake-up the American people in large masses and take ACTION where it is well needed.

      They are many ways in which this can be done in a legal- well organized manner and I have that way.

      To all the people who want to save this country from ruins – put your money where my mouth is and contact me at ShearRee@aol.com

      No More Fear Reply:

      Personally, I hate being written up…….

    2. TheMaverickChannel Says:

      Check out this video at my YouTube channel

      Obama’s Plan For America: Disrupt, Dismantle & Destroy
      
http://www.youtube.com/watch?v=r0DqY9iotZw

    3. TheMaverickChannel Says:

      Hope you find the time to watch this video. Click on the link and leave a comment after watching.

      Fourth Estate Gives Left Cover To The Fourth Reich
      http://www.youtube.com/watch?v.....annel_page

    4. zacharye Says:

      NIKOLA TESLA

      No More Fear Reply:

      AYE

    5. John Ramos Says:

      http://www.thegrandawakening.com/index.html
      Thuis whole life is an illusion. Learn the truth. This is closer to the Matrix than we realize!!

    6. Pimp the future Says:

      you know in the beginning i think ford wanted to run cars off hemp or plant stuff but NOOO
      standard oil. Big OIL has wrecked more ideas for their greed. Instead of maybe letting other things work. yes it is fun to gasoline but we should have used deisel because short profits higher. had we been perfecting deisel we would have a 30% increase in reservse.

    7. Pimp the future Says:

      Short term profits worked great for GM. yea makee all the money now screw the future
      typical PHD shit. must be Big OIL pimp.

    8. Pimp the future Says:

      i run 2 engines 25HP in sailboats get twice as much energy from deisel. But NOOO run cars from gasoline. Shit are not deisel tankers safer for drivers than gasoline tanker trucks.
      Deisel is less flAMEABLE. bUT noooo USE GASOLINE ENGINE. iT SI ALL STANDARD OIL rOCKEFELLARS FAULT. THEY FUCKED THE PLACE UP.

    9. SAME OLD nEOS Says:

      if YOUR GOVERNMENT TREAT YOUR SOLDIERS LIKE CRAP THEN IT WILL TREAT THE THE PEASANTS LIKE CRAP. Now does your government work for ass sitting coward Billionaires
      or your soldiers. If your soldiers are protected and taken care or real well then you will have a good government simple. because men and women of character are better than
      greedy billionaires it is simple and you don’t need a bible.

    10. SAME OLD nEOS Says:

      Now your “leaders” not mine go get the big bad terrorist go please I am scarred please get the terror please I’m scarred and I want to sit on my gold like a stinkin Vulture bird.
      yea your “leaders” not mine. yea hey you go get the bad guy Please Please then Cheney and Bush go back to mansion soldier comes back to tent. yea did in WW 1 really screwed the soldiers over. Typical Rockefellar Warburg Rothschiild chichen shit bastard stuff.
      yea stay home and hide and sit on gold eggs.—- That is WHO and WHAT kind of scum OWNS your governement. DUMPSTER for AIG men. The DUMPSTER

    11. SAME OLD nEOS Says:

      Why does my Wife’s Vet dad gotta drive a long way to go VET hospital. Heath Care crap.
      Why can he not just go to local hospital. Talk about health care. Why does Vet gotta drive so far. WHY WHY WHY ?

    12. SAME OLD nEOS Says:

      go get a light bulb and the vets families will blow tons of carbon and use energy to get their health Care. What all the geniuses at think tanks get YOU. stupid shit

    13. SAME OLD nEOS Says:

      Read General (marine) Smedley Butlers’ Book WAR is a RACKET he won 2 medals of HONOR nothing changes like then like now.. Post Traumatic stress Shell shock
      WAR debt now and then Big OIL then and now it is always then same with the same Ruling Class same billionaires THINK TANKS he called them something he pegged this RACKET.
      until you aknowlege the Racket you can not move forward.

    14. SAME OLD nEOS Says:

      now if Baby ben bernacke can lose 2 trillion he can lose 2 trillion towards the VET easy.

    15. SAME OLD nEOS Says:

      WARS cost tons of money let the Billionaies pay for it they are getting the Protection from the Terrorists. We know they are scarred of terrorists that is why they told us that the terrorist are coming to get us. They own the TV so the Billionaires who stay home can pay for it.

      warren buffett Reply:

      Same old Pimp, why don’t write all your posts into one long one, so we can skip over them more quickly.

    16. No More Fear Says:

      SAVE MY LAMP POST !!!
      I KNOW ITS GONNA FALL DOWN ONE DAY AND IF THAT HAPPENS, IT WILL BE ALL TOO LATE.
      SO, LETS SAVE MY LAMP POST CAUSE MAYBE ITS FALLING RIGHT NOW AS WE SPEAK, LOOK OUT ITS FALLING OR ITS GONNA FALL, ONE DAY, MAYBE, IF IT GETS ALL OLD AND ROTTEN…
      BUT ITS GONNA FALL, ITS GONNA FALL RIGHT NOW SO SAVE MY LAMP POST
      EVERYONE, WE MUST COME TOGETHER TO SAVE MY LAMP POST
      ,,,

      FEAR FEAR FEAR FEAR FEAR FEAR FEAR FEAR FEAR FEAR FEAR FEAR
      You will Fear what we tell you, When we tell you……

      Social Viability Reply:

      Fear the media’s stock in trade.

      When a person becomes alarmed or afraid of something their attention sticks on it. It is natural for a person to closely monitor that which seems to be a threat. It is used by the news media to rope your attention in to what they’re saying. Their entire objective is to get you alarmed and afraid enough to want to watch their tripe so as to monitor the threatening environment around you.

      And global warming is just another of their shticks.

      Throw away your TV!

      Don’t fight the system:
      Replace it
      http://socialviability.com/

      URCARBONUSELESSEATERS Reply:

      http://www.youtube.com/watch?v=CrdDoSM9r2M

    17. Reconmarine Says:

      “Under cap-and-trade, the government institutes “caps” on how much carbon dioxide can be emitted, and then allows companies to “trade” carbon credits so that the market rewards those companies that find ways to produce less CO2. If a company ends up having more credits than they need, they can then sell those credits to other companies.”

      So in other words, the same exact amount of CO2 is emitted, it’s just shuffled around. More CO2 here, less there. It’s the SAME EXACT AMOUNT OF EMISSIONS!!! This is a scam to make profit on CO2 emissions and does NOTHING to reduce overall emissions. Anyone who has excess emissions will pass the cost to the consumers.

    18. SAME OLD Neo Cons Says:

      Like a BIG OLD plantation. you pesant debt slave here let me chackle you to war debt
      while I sit in the big Mansion. Just like a Plantation a DEBT Slavery Plantation shacked to
      11 trillion in debt. FROM were did 11 trillion come. it would have to have been in existence
      in lets say 1776 right. I mean you are paying interest to somebody right. so in 1776
      some body had 11 trillion to “loan” you sure. sure loookeee here the MOON is Cream Cheeeeeeeeeez. it is a RACKET>>>>>> it started in 1913 and has been a controlled racket ever since. Somebody is getting free interest money for Nothing at all for doing nothing but running a CON. Biggest CON in history.

    19. SAME OLD Neo Cons Says:

      i will tell you how the CON works. it is all pretend. through T-bonds and T-Bills a certain
      group pretend to LOAN the governement money. you pay interest to pretend stuff.
      it is all fraud. One piece of paper is ex changed for another. I will “pretend” to loan the Government money in exchange the the Government or FED reserve gives you a special “group” free interest money. it is all a fraud a huge fraud.

      How can we be paying interest on 11 trillion makes no sense. we were only 1 trillion in 1980.

      The federal reserve is running a cion must be “terrorist” there. terrorising us with DEBT.

    20. SAME OLD Neo Cons Says:

      i have a US Note and I will BUY some FREEDOM. the Government could print US NOTES
      or FED Notes. The FED is useless. it is a CARBON wasting energy pig. IT could be turned into a MUSEUM of DEATH and WAR and dead people and dead baby pictures and all gross shit
      a HOLOCAUST of WAR MUSEUM.

    21. RealityBase Says:

      Somebody said it earlier, first it was the commies, now terrorists and global warming. They’re engineered excuses for the elite to profit, gain power and increase government control. The Al Gore show was all just a lead up to the Cap and Tax. The elite are taking us out with one scheme after another and no end in sight. They know if they put the screws to us and turn us into slaves that it’ll be more difficult to challenge their scams. Thank gawd for the internet as we’d be even more clueless.

    22. JJ Says:

      ##PETITION OF THE CITIZENS OF EUROPEAN UNION COUNTRIES AGAINST LISBON TREATY RATIFICATION##

      Sign:
      http://www.petice.eu/?lang=EN

    23. JJ Says:

      ##########STOP CAP AND TRADE#############

      SIGN [currently 10,252 signatures]
      http://www.ipetitions.com/petition/stopcaptradetax

      “The staff of the conservative group, Our Country Deserves Better PAC, has put together a database of phone numbers, fax numbers, and emails for each Senator. See the listing below, contact the two Senators from your state and if you want, work through the rest of the list as well. In terms of effectiveness, phone calls and faxes are most important, followed by emails. Our efforts will help defeat cap and trade!”

      [DIRECT-EMAIL ADRESSES… HERE]
      http://www.ourcountrydeservesb.....trade.html

      Videos:
      http://www.ourcountrydeservesb.....index.html

    24. JJ Says:

      #########EUROPE GOING CRAZY#########

      SIGN AGAINST THE INAUGURATION OF BOMBODROM.

      It would be the largest training area in Europe and essential in the preparation of military intervention of NATO and the EU.

      [FOR GERMANY] UNTERSCHREIBEN SIE HIER:
      https://www.campact.de/bomb/sn1/signer

      Read info:
      http://www.militarybases.twoday.net/stories/762920

    25. SAME OLD Neo Cons Says:

      call it Senator call it a No good greedy coward that sits on its ass. My dog has a TITLE
      big deal.

    26. Check out this wake up site! Says:

      http://www.thegrandawakening.com/index.html

    27. symple19 Says:

      This is a fantastic article! Call your Senator and tell em’ NO!

    28. global warming is a hoax Says:

      Mr.”I invented the internet” going to look good in a triple XXX X-tra large orange jumpsuit

    29. Frank Williams Says:

      I have seen up close what a so-called 21st century green economy looks like: in Cuba. And it is grim. It is not a clean, high tech, modern, efficient, productive economy. It is in fact a place where people inefficiently perform susbsistance agriculture, ride bicycles and donkeys on formerly modern highways, and look worn out and depressed. All that sunshine hasn’t made them rich.

    30. Aidan Monaghan Says:

      The status quo seem to be moving toward alternative energies (to replace what seem to be vanishing hydrocarbon forms of energy like oil and natural gas). But these alternative energies are largely “free” energies.

      The man-made climate change hoax is apparently a clever (but fragile) scheme designed to keep the public financially indebted in the same way interest fees do. There seems to be a shift away from mass capitalism and interest based credit toward a different economic model.

      Both models seem to keep the hands of big brother in the wallets of the public, in the same way a parasite preys upon its host. This is likely the goal.

    31. Kaphi Says:

      Lets audit the planes, helicopter, sedans and limos that government use, lets minimize the rooms in the white house that are to be used for a family of 4 only, use the rest of the rooms to establish congress cubicles with 20 or more to a room to save energy and lighting.

      I think all that voted for this climate bill should be the first to be examined for their ‘carbon footprint’ at work and at home.

      I can understand ‘phasing’ in an alternative energy program for the US, I can NOT agree that ‘taxing us’ will serve anything but lining pockets.
      This will be high dollar, forced laws and taxes on an economy that is already in despair, what a sham!

      http://www.alternativecashsavings.com/

      kebcreation Reply:

      ehhum the cap and trade is for us. They will not downsize if anything they will upgrade. If this president came from a poor background he has a short memory. His allegiance is to the world government and the carbon thing comes straight from their greedy minds. Too bad they and he so far are getting away with it all.

    32. poorboy Says:

      Facts you need to be aware of:
      http://tinyurl.com/64cugj

    33. robert beresford Says:

      Have you heard of hemp,don’t worry you can’t get high off it. When hemp was made illegal there were 25,000 uses for it including 1000 gallons of alcohol and 300 gallons of high grade oil per acre,more cellulose per acre than 4 acres of trees,Henry Ford made a car from hemp whose material was stronger than steel,nontoxic plastic,food. Sounds like a few green jobs there if we can kill bad laws. If the Afghans grew hemp they would not need poppies,if grown in Africa the people could feed themselves. This was a big grab of our rights,especially the right of life,scientific proof is leaking out of the health benefits. Do some studying,find out yourself.

    34. Karen USA Says:

      The Movie: Federal Reserve
      http://www.youtube.com/watch?v=_dmPchuXIXQ

      The Money Masters
      http://www.youtube.com/watch?v=lXb-LrVkuwM

      The Corrupt US Govt.
      http://www.youtube.com/watch?v=CzPNKcoyfAM

    35. Karen USA Says:

      Govt. Corruption
      http://www.youtube.com/watch?v=8f7d-rcRx9c

      The Rots of Global Governance
      http://www.youtube.com/watch?v=AheMVuBWqTA

      EU Calls For ‘New World Governance
      http://www.youtube.com/watch?v=a7D21rPpBrk

    36. albertusmagnus Says:

      http://www.thegrandawakening.com/index.html
      Incredible information

    37. albertusmagnus Says:

      http://www.thegrandawakening.com/index.html
      Just fascinating stuff!

    38. sam Says:

      I sent the below letter to my Senator.

      CAP AND TRADE IS ALL ABOUT ALL PAIN FOR NO GAIN (EXCEPT FOR GOLDMAN SACHS WHO WILL MAKE A KILLING ON THIS BILL}

      Goldman Sachs has been behind almost every “bubble” in the US economy including the housing bubble according to a well researched article in Rolling Stone by Matt Taibbi. Now Goldman Sachs is positioned to make another killing on an even bigger scam worse that anything Madoff could ever imagine, the Waxman-Markey Climate bill. President Obama appointed one of Goldman Sach’s lobbyists, Mark Patterson, the Treasury Dept Chief of Staff making one wonder whether President Obama’s support for the Waxman-Markey Climate has more to do with the big payoff Goldman Sachs will get from carbon offset trading than anything else. Especially since credible analysts are reporting that the bill will have little or no impact on co2 emissions and do great harm to the economy. refs, “The Costs Of Cap and Trade” by Robert Zubrim http://www.rollcall.com/news/36393-1.html?page=2 and “The Illusion of the New Green Economy.” by Roy Spencer, Ph.D http://www.prisonplanet.com/ca.....onomy.html

      So why is President Obama and Congress so gung ho about getting the bill passed when it will do little if anything to reduce co2, result in higher energy costs for everyone and the loss of millions of jobs? Do President Obama and Congress have a suicide wish for the economy? The average Jill and Joe who will be hurt most by this Bill want to know. By the way “green jobs” are just another scam. If the “Green Jobs” President Obama is proposing were so great, they would pay for themselves and would not need to be involuntarily paid for by the blood, sweat and tears of the already over burdened tax payer.

    39. Blame it on the Rain Says:

      http://www.youtube.com/watch?v=UYc875zkDxg

      Lets just call it another “New” tax instituted by the International Gansters…I mean Banksters. You see the theft is the tax and your paying taxes in so many ways your Fd 3 ways from Sunday.

    40. jash Says:

      mayde defending wealth is not the be all and end all. 5000 lower paid jobs is better than 1000 high paid jobs an 4000 unemployed. I do think carbon trading is a scam however. Ron Paul for the U.S. and Hugo Chaves for Venezuela. Horses for courses. We live in a very confusing world right now!

    41. Archangel Says:

      Cap-and-Trade will lead to black market energy, brownouts and food shortages. In most of the country, you can die from heat stroke, hypothermia or starvation without an adequate, reliable source of energy. Would you rather live in a high-rise condo or on land with good water as this social experiment unwinds?

    42. poorboy Says:

      The Most Powerful Military Force in the World is the American People
      http://www.pentwhistle.com/

    43. parade of fools Says:

      The governments campaign against global warming would be funny if the consequences were not so serious. The US has been for many years suppressing technologies that would create more energy with less fossil fuels, The inventors of these new technologies are either paid off or are buried with there patents, The government does not care if you conserve energy or not they just want you to pay more for it. Its just not fossil fuel only the new game in the future is water, that’s right water the billionaires of this country with the help of there political cronies have been buying up the water rights through out the country. Did you ever wonder why the Bush’s bought 98,000 acres of land in South America? No it was not to build condos it is get control of the water rights. Ted turner owns 2 million acres in the US alone I not saying his intentions are to control water because at this time I don’t know what his intentions are for this land, but I can tell this its not to sit there doing nothing.

    44. URCARBONUSELESSEATERS Says:

      Carbon (pronounced /ˈkɑrbən/) is the chemical element with symbol C and atomic number 6. As a member of group 14 on the periodic table, it is nonmetallic and tetravalent—making four electrons available to form covalent chemical bonds. There are three naturally occurring isotopes, with 12C and 13C being stable, while 14C is radioactive, decaying with a half-life of about 5730 years.[7] Carbon is one of the few elements known since antiquity.[8][9] The name “carbon” comes from Latin language carbo, coal, and, in some Romance and Slavic languages, the word carbon can refer both to the element and to coal.

      There are several allotropes of carbon of which the best known are graphite, diamond, and amorphous carbon.[10] The physical properties of carbon vary widely with the allotropic form. For example, diamond is highly transparent, while graphite is opaque and black. Diamond is among the hardest materials known, while graphite is soft enough to form a streak on paper (hence its name, from the Greek word “to write”). Diamond has a very low electrical conductivity, while graphite is a very good conductor. Under normal conditions, diamond has the highest thermal conductivity of all known materials. All the allotropic forms are solids under normal conditions but graphite is the most thermodynamically stable.

      All forms of carbon are highly stable, requiring high temperature to react even with oxygen. The most common oxidation state of carbon in inorganic compounds is +4, while +2 is found in carbon monoxide and other transition metal carbonyl complexes. The largest sources of inorganic carbon are limestones, dolomites and carbon dioxide, but significant quantities occur in organic deposits of coal, peat, oil and methane clathrates. Carbon forms more compounds than any other element, with almost ten million pure organic compounds described to date, which in turn are a tiny fraction of such compounds that are theoretically possible under standard conditions.[11]

      Carbon is the fourth most abundant element in the universe by mass after hydrogen, helium, and oxygen. It is present in all known lifeforms, and in the human body carbon is the second most abundant element by mass (about 18.5%) after oxygen.[12] This abundance, together with the unique diversity of organic compounds and their unusual polymer-forming ability at the temperatures commonly encountered on Earth, make this element the chemical basis of all known life.
      Carbon compounds form the basis of all known so far life on Earth, and the carbon-nitrogen cycle provides some of the energy produced by the Sun and other stars. Although it forms an extraordinary variety of compounds, most forms of carbon are comparatively unreactive under normal conditions
      Carbon is the fourth most abundant chemical element in the universe by mass after hydrogen, helium, and oxygen. Carbon is abundant in the Sun, stars, comets, and in the atmospheres of most planets. Some meteorites contain microscopic diamonds that were formed when the solar system was still a protoplanetary disk. Microscopic diamonds may also be formed by the intense pressure and high temperature at the sites of meteorite impacts.[29]

      “Present day” (1990s) sea surface dissolved inorganic carbon concentration (from the GLODAP climatology)In combination with oxygen in carbon dioxide, carbon is found in the Earth’s atmosphere (in quantities of approximately 810 gigatonnes) and dissolved in all water bodies (approximately 36,000 gigatons). Around 1,900 gigatons are present in the biosphere. Hydrocarbons (such as coal, petroleum, and natural gas) contain carbon as well—coal “reserves” (not “resources”) amount to around 900 gigatons, and oil reserves around 150 gigatons. With smaller amounts of calcium, magnesium, and iron, carbon is a major component in very large masses of carbonate rock (limestone, dolomite, marble etc.).
      http://en.wikipedia.org/wiki/Carbon

    45. Shear'Ree Says:

      http://www.1dayforamerica.org

    46. metnav Says:

      Even ten years ago, if I had suggested that the majority party’s proposed bill would be withheld from the minority party two hours from the vote — and then one copy was grudgingly provided, to be shared by all 435 Representatives , you would have looked at me like I was a crazy person…….

      Well that’s exactly what happened a week ago Friday when Congress voted on and passed the infamous HR 2454 Cap and Trade/Carbon Emissions Bill. Final vote: 219 Yea, 212 Nay. A little after 3 am on that very same day a 300 page amendment was added to the original 900+ pages. This is the longest suicide note in history and will further hasten our downward economic spiral. The Senate looks to debate it this Fall where it will likely get nowhere. Friday’s vote may have been a gift to the POTUS for the upcoming UN meeting knowing there’s little chance of it getting thru the Senate. Before Friday’s vote I made my feelings known to our Democratic Congressman. I see he voted No but I’ve no idea what his real motivation was. Some that voted Yes received calls 20:1 urging a No vote and they still voted Yes.

      This is about more than just higher electricity rates. It’s a massive redistribution of wealth, further limits our freedoms all under the guise of reducing an essential trace greenhouse gas, and does next to nil for energy independence. This Manmade Global Warming/Climate Change House Of Cards is tumbling down. Every week more and more new contrary evidence is seeing the light of day. The Mainstream Media won’t report it, but this vital information is getting out to those that want honest debate on this important issue.

      Looking past the Senate this Fall we have the December Copenhagen UN meeting on a new Global Warming Treaty. Remember the Kyoto Treaty? Well you ain’t seen nothing yet. I shudder to think what the U.S. delegation would love to commit us to for years or decades forward. Lastly there’s the EPA waiting in the wings to regulate all things CO2. Recently a leaked string of internal EPA e-mails detailed suppression of evidence that undermines the CO2 argument. Many derided the career EPA employee as not being a climatologist. Well Mr. Carlin has a physics degree. Al Gore is no climatologist or scientist but he’s allowed to testify before Congress on this issue. Madness!

      Remember Friday’s vote, because if this horror show is implemented on the American public it will blow up in our face as it has in every country this has been tried. At what cost in dollars and individual freedoms? Mark your calendar in RED, because that is the path we are heading toward. Contact your Senators and ask them if they’re prepared to defend a Yes vote for this misguided Bill. Let them know a NO Vote will ensure your support next election cycle.

    47. Domul Martin Says:

      Does anyone have anything of substance to say on this website, or simply conspiracy theories and copy and pasted wikipedia articles? The right truly are a dying breed.

    48. The Audacity of Hype « Responsibility-Freedom Demands It Says:

      [...] off Billions of Dollars in administrative program costs.  You would do well to read the article at prison planet about what the current offering from Mr. Obama and team will do.  It is not a pretty picture and [...]


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