SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : The Environmentalist Thread -- Ignore unavailable to you. Want to Upgrade?


To: Brumar89 who wrote (25348)12/13/2009 9:16:28 AM
From: Peter Dierks4 Recommendations  Read Replies (1) | Respond to of 36921
 
Top 10 Reasons to Kill Cap and Trade
by Human Events

11/27/2009

1. It’s Not Getting Hotter: Five major international climate centers report that average global temperatures have not risen over the past 11 years.

2. It’s Bad Science: A British judge ruled that teachers in Great Britain’s school system will be required to issue a warning before they show students An Inconvenient Truth, Al Gore’s controversial film on global warming.

3. It’s Just a Tax: Energy costs will soar under the House-passed Waxman-Markey bill, and those costs will be passed on to consumers. Obama Administration Budget Director Peter Orszag has estimated that a 15% decrease in emissions would cause the average American family to pay $1,300 in additional utility costs a year.

4. It Will Spread Your Wealth Around: The Obama Administration’s goal is to raise $650 billion through the energy tax. But only $150 billion of that will be devoted to alternative energy production, while $500 billion gets redistributed to people who don’t pay income taxes.

5. Jobs Will Disappear: A Congressional Budget Office report says the legislation would create “significant” job losses from fossil fuel industries as the country shifts to renewable energy. A Heritage Foundation study estimated that the new law would mean 1.9 million fewer jobs by 2012.

6. Home Prices Will Be Depressed: Under the new energy regime, most homes put up for sale would be required to undergo environmental inspections. New homes would have to be 30% more energy efficient than the current building code.

7. The Midwest Will Be Hardest Hit: Forty-four House Democrats voted against Waxman-Markey. That’s because most of them represent Midwestern states. A new report from the Environmental Protection Agency shows that 10 states, mostly in the Midwest, would be hardest hit.

8. America Will Be Less Competitive: China and India are the first and fourth biggest emitters of carbon dioxide emissions, respectively, but they refuse to commit to binding emissions cuts.

9. It Has Never Worked: The European Union has had a cap-and-tax regime since 1997, but 12 of the 15 EU nations that signed on are failing to meet their targets.

10. Haste Makes Waste: Before the House passed its version of the measure, which is almost 1,500 pages long, at and costs about $900 billion, members had less than 16 hours to read the final bill before voting on it.

----------------------------------------------------------------------------------------------------------------------------------------------------------------
HUMAN EVENTS is the news source President Reagan called his "favorite newspaper" and we still hold high the Reaganesque principles of free enterprise, limited government and, above all, a staunch, unwavering defense of American freedom.
----------------------------------------------------------------------------------------------------------------------------------------------------------------
humanevents.com