Cap & Trade Part I

On June 26, 2009, the House of Representatives passed the Waxman/Markey Bill (better known as Cap & Trade) by a vote of 219-212. There were 8 so called conservatives who voted for this bill. Those 8 were Mary Bono Mack (CA), Mike Castle (DE), Mark Kirk (IL), Leonard Lance (NJ), Frank LoBiondo (NJ), Chris Smith (NJ), John McHugh (NY) and Dave Reichert (WA). These 8 need to be contacted by their constituents and told they will be voted out of their jobs in 2010. We have come to a point in time that is crucial to our country. We can no longer allow these fools to be seated and have the authority to pass laws that are unconstitutional. This doesn't apply to just these eight Republicans. This applies to all elected officials. It's time to take our country back!

In the 1970's it was known as global cooling. That didn't work. From the mid 1980's through the early 2000's it was known as global warming. Since that has not been scientifically proven, it's now called climate change. Liberals will stop at nothing and are very patient in trying to gain as much power as possible to obtain as much control as possible over our personal lives. They have an elitist attitude and I truly believe that they believe they have to save us from ourselves because we are incapable of making the right decisions in our lives. This is nothing other than tyranny! The latest movement from these statists is called Cap & Trade. Cap & Trade is a limit or cap on the amount of a pollutant that can be emitted. Companies are issued permits which regulates the amount of pollutants they are permitted to emit. When a company reaches their limit however, they may buy credits from other companies who have not used their credits. This is known as trade. In a perfect world, this sounds like a great idea. However, there is more to it than what meets the eye.

First of all, without the entire world following suit in emissions reduction, this will never work. Places like China and Russia who do not follow any kind of emissions reductions will still be emitting pollutants into the air. CO2 (carbon dioxide) acts globally. It's impact on the environment is similar wherever in the globe it is released. The originator of the emissions does not really matter from an environmental standpoint. Of course, the environmental impact would be more severe in those locations, however the pollutants will and do travel the globe. For example, when smoking was allowed on airplanes, the smoke didn't just stop once it reached the non smoking section of the plane. It continued to travel throughout the plane. The further away from the "smoking section" it traveled, the less impact it had. But it still affected everyone. That being said, I don't believe there is a major crisis with large scale environmental damage at this time. It is a tactic employed by the left to scare people into thinking that if they, meaning the statists in office, don't do something about this, we are all going to perish. Again, an elitist attitude. I do think we can do things to improve on our foreign dependence on energy. We can be more energy independent if we started tapping our own resources instead of buying them from countries who hate us and some who sponsor terrorism. We need to pursue nuclear energy, do more offshore drilling, tap into the reserve in ANWR (Alaskan National Wildlife Refuge), drill for more natural gas, etc. Windmills are an alternative, but the cost associated with them, not to mention the enormous amount of land that would be required to place them is not as cost effective. By doing this, the cost of energy will decrease dramatically and will create jobs not only in those specific industries, but throughout the United States in all areas.

Part II will be about the economic impact of Cap & Trade.