Does anyone understand what the cap and trade legislation actually is, or are they still high on the kool aid?

Everyone still seems blinded and just acts like everything 0bama does is great and is something else to clean up Bush's "mistakes".Does anyone understand what the cap and trade legislation actually is, or are they still high on the kool aid?The largest crime ever waged on the American public. This will destroy the American economy. Utilities cost will sky rocket.



However, I do love our President's understanding of things.



He stood there in front of the cameras and actually told the American people that finally with this Cap and Trade bill, it will be possible to make these Green energy solutions profitable.



Profitable?



If they were truly profitable, would they require massive government subsidies and massive penalties levied on "profitable" energy sources? Would a profitable energy solution really need to be mandated and forced on the public by the all knowing government?



This is a scam. We should all find it insulting that again, these elected politicians are picking our pockets without even reading how they are doing it.Does anyone understand what the cap and trade legislation actually is, or are they still high on the kool aid?
cap and trade puts a cap on carbon emissions on companies

but companies can trade cap credits for a higher cap

it plainly fails b/c:

a cap would force less production and less output of utilities to homes, if supply is down, demand goes up and prices go up so ppl have to pay more and companies have to lay off employees

and, what company is going to trade their credits???

every company is out on their own in this planDoes anyone understand what the cap and trade legislation actually is, or are they still high on the kool aid?CAP %26amp; TRADE has evolved into a BIG energy production tax that provides general revenue to the Federal Government (not funds necessarily targeted to funding renewable energy).



The actual size of the tax is controversial but Fox News estimates something on the order of 1.1 to 1,9 trillion over an eight year period starting in 2012. The original administration figure was $642 billion over 8 years starting 2012.



This tax is a tax on fossil energy producers and adds to energy production costs. The Obama Administration claims that the tax will only add a cost on the order of the cost of a postage stamp per day to the average American Family (because the tax is directed at energy producers - not energy consumers). The experience of the world is that if it costs energy producers more to make the energy they will try to pass along those additional costs to consumers.



Energy is used almost everywhere in our economy. Raising the overall cost of energy will be inflationary and will reduce the competitiveness of American manufactures and may cost additional manufacturing jobs.
Mercury filled flourescent light bulbs.



Saves energy and reduces population.



Brilliant.



Welcome to tyranny.



It's no wonder Rudy Provoost, CEO of Philips Lighting came out for Obama.

He said: Economic stimulus packages, such as the $787 billion signed into law by President Obama, constructively approach rebuilding the world鈥檚 economies to be environmentally sustainable through infrastructure and renovation.

Riiiiiight and billions for Philips too. LOL LOL LOL







A socialist president involved in cronie capitalism. It's the end of the world.



See you on the other side.Does anyone understand what the cap and trade legislation actually is, or are they still high on the kool aid?I certainly understand the basics. It will make fossil fuel energy much more expensive over a 40 year period. It is essentially a tax on fossil fuels, because no politician has the balls to tax gasoline at the rate it should be taxed at.



And what it will do will be to force the market into developing alternative energies that wont tie us to the middle east oil states.



And thats all a good thing. But its gonna cost. But the alternative is to pay much more later.Does anyone understand what the cap and trade legislation actually is, or are they still high on the kool aid?
Well if they haven't goggled and read the actual bill they don't ! I have read the summaries which leave out the stuff we should know ! I have been reading the real thing and it will kill the economy! The housing market will tank for sure , most people won't be able to afford to sell or buy a house. Rental property will be next to impossible to find ! So that will leave of course government housing and one more step to socialism ! Everyone needs to read this it is unreal !
You know this was another bill passed by the dc illiterates because most of them didn't read this bill either. Guess that's the new thing in dc. Sorry to say that even republicans signed on to it and even pushed it over to. They took a big chance with that one. Hey I can't say that about the party I agree with the most. Sure I can I am not a liberal...Does anyone understand what the cap and trade legislation actually is, or are they still high on the kool aid?
"Cap and trade" harnesses the forces of markets to achieve cost-effective environmental protection. Markets can achieve superior environmental protection by giving businesses both flexibility and a direct financial incentive to find faster, cheaper and more innovative ways to reduce pollution........
Since Waxman gave away 85% of the revenues to get this t*rd passed, and the bill hadn't even been printed when the vote was taken, I doubt it.
"Jobs Jobs Jobs Jobs" weren't you listening to Pelosi. I think she forgot to mention they were for the Chineese... lol
Cap and trade is another way of mortgaging our freedom to UN.
I don't think most of Congress understands it. Probably none have read through all the many pages as usual!
Can you say "stealth tax"!