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Cap and Trade to Stop ‘CO2 Monsters’ Will Cost Trillions; UPDATE: Psyche!

18 March 2009 10 Comments

BY: NCVIKING

Here we go! The supposed ‘settled science‘ on Global Warming Climate Change is going to start costing us dearly very soon. Thank you, Mr.President.

From WaTi:

A top economic aide to Mr. Obama told a group of Senate staffers last month that the president’s climate-change plan would surely raise more than the $646 billion over eight years the White House had estimated publicly, according to multiple a number of staffers who attended the briefing Feb. 26.

“We all looked at each other like, ‘Wow, that’s a big number,’” said a top Republican staffer who attended the meeting along with between 50 and 60 other Democratic and Republican congressional aides.

The plan seeks to reduce pollution by setting a limit on carbon emissions and allowing businesses and groups to buy allowances, although exact details have not been released.

At the meeting, Jason Furman, a top Obama staffer, estimated that the president’s cap-and-trade program could cost up to three times as much as the administration’s early estimate of $646 billion over eight years. A study of an earlier cap-and-trade bill co-sponsored by Mr. Obama when he was a senator estimated the cost could top $366 billion a year by 2015.

The costs keep going up and up and up. Note to the Washington Times: CO2 is not a pollutant!

This carbon cap-and-trade is a complete scam. Ben Stein wonders aloud if anyone is aware of what’s coming (anyone? anyone?):

Those evil CO2 Monsters must be stopped! Do you want to know what they look like?

co2monster

Join the hysteria and aid the indoctrination effort by getting your kids a stuffed CO2 Monster* today!
(*No CO2 was emitted during the manufacture of these stuffed creatures – Made in China).

MON DEU!

UPDATE

I guess pillaging CO2 Monsters and the apparent death of the planet is not as important as turning our health care system into the DMV. The Goracle is not going to be happy.

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Last 5 posts by NCViking

10 Comments »

  • Franklin's Locke said:

    But, keep in mind, Cap and trade taxes will collect $6 trillion, so it all works out.

    This farce is just to find another way to tax businesses and the People. This has nothing to do co2, which is PLANT FOOD!

    http://franklinslocke.blogspot.com/

  • Mike said:

    I am not going to get into the details of the plan or whether it is good or bad for the economy, other than to point out a few issues,

    - CO2 is plant food, but there is much more CO2 than is being absorbed by plants (otherwise there wouldn’t be a total increase in the atmosphere)

    - conservatives usually want to see a problem solved by industry, or entrepreneurs (values which I share). Cap and Trade, in theory, will work if it it creates new avenues for building additional forests.

    - a cheaper way might be to just buy large sections of Brazil

  • NC Viking (author) said:

    Maybe that will get Brazil to stop clear-cutting the Amazon to grow sugar cane.

  • still proud said:

    Starting today I pledge to stop mowing my yard.I just hope the neighborhood is thinking green.

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