Results 1 to 12 of 21
Thread: Clean Energy Act
-
05-19-2009, 03:18 PM #1
Clean Energy Act
As stolen from Machone onthe scout board...
Today, the House Energy and Commerce Committee began its multi-day markup of the misnamed American Clean Energy and Security Act of 2009, H.R. 2454. Sponsored by Committee Chairman Henry Waxman (D-CA), the bill attempts to impose a system of "cap-and-trade" in order to combat so-called "global warming." This massive, across-the-board household energy tax is being disguised by congressional liberals and is being sold under the slogan "cap-and-trade," which simply means giving the government power to put a cap on the amount of carbon emissions (CO2) produced by the production of electricity, gasoline, and heating oil, and forcing businesses to actively lobby Congress for higher cap levels and to buy permits for the emissions they are allowed.
It will raise electricity rates by 90 percent, gasoline by 74 percent, and residential natural gas prices by 55 percent by 2035, after adjusting for inflation.
It imposes an annual burden of $144.8 billion per year on U.S. households, and it will reduce household earnings by a projected $37.8 billion.
It will further cut U.S. employment levels by 965,000 jobs by reducing economic output by $136 billion per year-this translates to a $1,145 increase in energy costs per American household.
It will force low-income households to disproportionately bear the across-the-board energy cost increase, as a larger percentage of the poor's income goes toward energy costs, as opposed to wealthier households.
It sets the stage to effectively kill the coal industry as it will be taxed so heavily, it will not be able to sustain itself.
Still think the chosen one is only taxing hte rich and giving the middle calss it's biggest tax break in history? Seriously, he bribed the poor with this $400 per year while taking 3 times that in increased taxes.
-
05-19-2009, 09:52 PM #2Regular 1st Stringer
- Join Date
- Mar 2008
- Posts
- 145
Re: Clean Energy Act
What a shock?????????????????????????????????
-
05-20-2009, 02:36 PM #3
Re: Clean Energy Act
the shocking part is the crickets around here for this...
G7 hasn't found a good way to spin this yet on the Huffington Post...
Oh wait, but Obama is trying to cure global warming with this, it's not a tax, it's a cap and trade scenario....
RIGHT....
It's a straight up, intentional regressive tax, just like the cigarette tax increase, and the elimination of the cap on payroll taxes.
-
05-21-2009, 08:22 PM #4
Re: Clean Energy Act
Interesting choice that few probably even realize is what it is. The Classic is the previous body style Malibu rebadged and offerred as a fleet only car. It is not a retail unit. I guess even renters will be getting the new bodystyle. I would have assumed that the old style technology would have been profittable at this point.
-
05-22-2009, 09:47 PM #5Regular 1st Stringer
- Join Date
- Mar 2008
- Posts
- 145
Re: Clean Energy Act
you guys must be totally wrong on this one, otherwise galen would have put up one of his bullet point democratic diatribes,,, and strangely he has been silent,,, could it be that he is slowly turning left????:liar:
-
05-23-2009, 09:00 AM #6
-
Re: Clean Energy Act
What about China? How is The One gonna control their emissions?
-
05-28-2009, 08:28 AM #8
-
05-28-2009, 10:43 AM #9Legendary RSR Poster
- Join Date
- Aug 2007
- Location
- Houston, TX Y'all
- Posts
- 34,414
Re: Clean Energy Act
The President of France isnt buying this stuff either.
He will be appointing one of the biggest climate change truth tellers out there in the next few weeks.
And notice how more and more climate scientists have been standing up the dogma lately?
-
05-28-2009, 02:38 PM #10
Re: Clean Energy Act
Of course, this scenario is assuming the same levels of consumption of carbon emitting fuel (including increases), and does not take into consideration the increased use of wind and solar, and new forms of powering automobiles, which could make these projections completely irrelevant......and completely wrong.
-
05-28-2009, 04:35 PM #11
Re: Clean Energy Act
-
05-29-2009, 01:08 PM #12
Re: Clean Energy Act
Hold on now...those projections are for "by 2035" The last time I checked, that's like 26 years.. Advancements in these areas come exponentially.... especially when you have an actual concerted effort to make these advances... which to now , there have been no real efforts .... Additionally, advances in the disposition of nuclear waste could pave the way for nuclear power plants... dozens of them. Necessity is the mother of invention. Just look at all the things we now use because of the research done in WWII..
I'm not saying this bill is a good thing.. I haven't been able to analyze it. But I do believe these projections are based solely on what we know today.
Bookmarks