Yes, Chicken Little, the sky is falling and we are all doomed to die! At least, that’s what Al Gore and his gangs of cap-and-traders want us to think. They have manufactured a crisis about global warming that is going to cost us trillions of dollars, thrown into a wormhole in the universe, never to be seen again.
A band of Boxers led by Bouncing Barb will try to convince us from the Senate floor that the cap-and-trade money market schemes and carbon taxes are the ticket to fields of green. It’ll mean green for some, all right, like Green-guru Gore and his Green Goons.
Sen. Boxer is also the same environmental whacko who changed the 1993 Clean Air Act legislation that allowed California to mandate MTBE in our gasoline supplies. It was later banned after a 10-year effort by my radio station, KSFO, grass-roots activists and the leadership of now-retired state Sen. Richard Mountjoy. Later, when I confronted Ms. Boxer about her egregious error endorsing MTBE, she blithely responded “Oops. I guess I made a mistake.”
At the same time we were fighting the poisonous gas additive that causes cancer in lab rats, Boxer was also busy sneaking in the funding mechanism designed to make a gazillion dollars for the eco-oligarchy (back to Green-guru Gore). You’d think she’d worry about the fact MTBE caused cancer in rats if she can’t work up the empathy for humans.
The so-called the cap-and-trade system is a full-out fraud. There is no other way to describe it.
Richard Drury, Communities for a Better Environment’s Board president, wrote in a 2006 article: “Prior to pollution trading programs, there was no ‘right’ to pollute at all. … However, to allow companies to buy and sell the ‘right’ to pollute, it was necessary for the first time to create a new property right in pollution itself. The new ‘right’ to pollute jeopardizes the public’s right to govern its own environment, reversing hundreds of years of common law and good government.”
I worked with Richard Drury on the ban against MTBE in the mid-’90s and the effort to stop pollution tax credits. He told me 10 years ago that cap-and-trade is just a scam, and even the Princeton University professor who designed it admitted it doesn’t strike at the heart of the polluting problem – smokestacks that belch ugly gases into the air. Instead, it has become a monopoly game, with the very rich and powerful like Al Gore swapping get-out-of-pollution-jail free cards with his wealthy buddies.
Why should you care? Because citizens are going to carry the saddlebags loaded with heavy taxes while the Green Gods of society rake in the greenbacks. Even Barack Obama admitted that cap-and-trade will wallop the middle class with hefty bills.
How does cap-and-trade work? The Heritage Foundation has a clear synopsis of it:
“These measures would set a limit, or cap, on carbon dioxide emissions from fossil fuel use. The effect of such a cap would be to impose rationing of coal, oil and natural gas on the American economy. Each covered utility, oil company and manufacturing facility would be given allowances based on past emissions or some other formula. Those companies that emit less carbon dioxide than permitted by their allowances could sell the excess to those that do not; this is the trade part of cap and trade. Over time, the cap would be ratcheted down, requiring greater cuts in emissions.”
And how does that translate to the unwashed masses of citizens?
“A study by Charles River Associates puts the cost (in terms of reduced household spending per year) of (one proposed law) at $800 to $1,300 per household by 2015, rising to $1,500 to $2,500 by 2050. Electricity prices could jump by 36 to 65 percent by 2015 and 80 to 125 percent by 2050. No analysis has been done on the impact of (this legislation) on gasoline prices, but an Environmental Protection Agency study of a less stringent cap and trade bill estimates impacts of 26 cents per gallon by 2030 and 68 cents by 2050,” according to the Heritage Foundation.
In other words, we’re getting hit hard and it will take us years to stagger back – if we can ever walk straight again.
“An impartial analysis from MIT makes clear the price will be substantial: more than $300 billion in new taxes every year,” according to Fox News.
All of this is based on the left-wing farce of global warming, the scare drummed up by scientists who make their living off of government grants handed out by, you guessed it, the Green Gurus and their minions, Mr. and Mrs. Greenjeans.
Is the sun burning up the earth (Uncle Al says “the earth has a fever”) because you used a gas lawnmower? Ask the folks in Fargo. Is Mr. Greenjeans Gore raking in the greenbacks on your back? You betcha.