Okay, so far little response here. Let's try a new tack.
In my opinion, Cap and Trade is an initiative proposed by the U.S. Federal Government for the purpose of imposing the largest tax ever known to humankind while further stripping away many of the unalienable rights, choices, options, and opportunities of the people.
Its not a tax. A tax is when one party pays money to the government and receives nothing in return. Cap & trade involves companies buying and selling the right to pollute - the transfer of money from one business to another. I fail to see how that's a "tax".
Fake, what do you think a carbon tax is? When you breath you create CO2, when we make concrete, generate electricity, and drive to the store or even a green peace rally it generates CO2. So any tax on CO2 is in effect a tax on life.
Cap and trade is how they will manipulate a market they create for it. Each company will be taxed on their carbon output. They have a certain amount they can put out without incurring higher penalties. Similar to prime rate on a credit card. And like a credit card, as time goes on the restrictions will get tighter and the penalties stiffer. Whatever carbon credits a company does not use, they can sell on the cap and trade market to other companies. OR if they are continually over their limit they can buy extra credits from other companies.
here are some of the problems....
1. IF they can trade for carbon credits or trade their excess into cash. What will be the incentive for the largest and more successful market managers to give up their cash cow if a viable alternative to fossil fuels comes along?
2. The operating costs, fines, and resulting penalties and tightening restrictions will force more and more consolidation of energy markets. Resulting in less choice, which will lead to prices being set by the whims of an ever shrinking number of companies. And this one of the problems with a monopoly.
3. With the early and wisest/more wealthy investors set to make the most money right away, and the markets set to make billions off the trades they oversee, and government set to make money off the regulating and enforcing of this, who will be able to stop this later when and or if a viable alternative shows up? Do you think after decades of this making billions for a great many they will suddenly just give it up? NO!
4. As the system generates more and more income for those on the top, we will find that no matter what we do CO2 will seem to increase ever more. Or the effects will be worse than we figured before or whatever reason you can think of they will have to tighten restrictions, fines, fees, and or rates of exchange will increase. THis is the very nature of business and these people are business men..
5. We are going to pay for a natural trace gas, and trust the benefactors of this Industry to tell us when or if its working.....
All of you need to pull your heads out of your asses on this now.. You cannot sit on your behinds and let them do it for you anymore. Go and read on this, watch videos, go places not in the mainstream media or in biased websites or blogs. You cannot afford to be this blind anymore, not with this, not with something that will dam everyone on the planet to pay for the indulgences of the wealthy. Because thats what this will be in the end. This will allow the wealthy few to live as they please, without restriction based on resources for as long as they can. Do you think they will stop using privates jets? No, they will just pay more and then bill us for the extra.
