Comments on: Steve Hunyar: Cap and trade bill passes House

By: Aristides

Aristides — Thu, 02 Jul 2009 18:20:57 +0000

When people emigrate from third world countries to first world countries, their carb emissions greatly multiply, due to their participation in a more affluent lifestyle. If Congress were really serious about lowering carb emissions, it would pass legislation mandating Carb Neutral Emigration. Instead, they are doing just the opposite by considering amnesty for the thousands of illegal aliens, the vast majority of whom are from third world countries. Clearly, the Waxman Markey bill is about the politics of corruption, NOT about limiting carb emissions!

By: James Raider

James Raider — Thu, 02 Jul 2009 02:42:20 +0000

CAP and TRADE Will Create Companies TOO BIG TO FAIL

So what’s the real scoop? Ignore the proselytizers and find out from those who “shaped” the Bill ….

http://pacificgatepost.blogspot.com/2009/07/dear-mr-president-thanks-again-for-cap.html

By: Most popular stories on San Diego News Network

Most popular stories on San Diego News Network — Wed, 01 Jul 2009 15:48:18 +0000

[...] 3. Steve Hunyar: Cap and trade bill passes House [...]

By: AntonioSosa

AntonioSosa — Wed, 01 Jul 2009 00:38:17 +0000

Lies, manipulation, intimidation and bribes were used to force the House to pass Obama’s economy killing bill! House members were not given time even to read the bill! Obama and his accomplices thus trampled on our human rights to be represented and defended by our Legislative body.

Obama’s Cap and trade is another giant step towards Marxism — and the corruption, poverty, enslavement, destruction and despair that Marxism entails.

Obama is working much faster than Hugo Chavez at destroying the economy and imposing Marxism. No wonder the Russians are gloating:

From Pravda: “…the American descent into Marxism is happening with breath taking speed, against the back drop of a passive, hapless sheeple, excuse me dear reader, I meant people…” http://english.pravda.ru/opinion/columnists/107459-american_capitalism-0

We must do whatever is necessary to defend us from Obama and his accomplices.

By: michael-leonard

michael-leonard — Tue, 30 Jun 2009 20:54:20 +0000

I do consider myself “a true global warming environmentalist” and I absolutely agree with the main points of this article!
The idea of Waxman-Markey is to have a “market-based” approach instead of a purely regulatory one. This is aligned with the capitalistic philosophy that everything (including the very air we breathe and water we drink) is merely a commodity to be bought, sold and traded. The attendant provision creating “carbon offsets” (COs) deepens and continues this approach.
CAT creates price volatility. This, in turn, creates a secondary specialized market in CAT futures. And it creates CAT derivatives that the various companies involved can use as an insurance policy hedging against those price swings. Yes, just like the financial/mortgage tools that (to a large degree) caused the entire financial crisis the US – and the world – now finds itself in. It is a perfect example of “the tail wagging the dog”.
Carbon offsets allow companies to claim credit for reducing emissions in return for helping to fund some other environmentally sensitive project, usually in developing nations. Then, these certificates can be traded or sold to other companies who do nothing to help clean up our environment so they can continue doing what they do.
Supporters say that emission reductions anywhere are just as valuable as reductions in the US and that offsets allows a smooth transition to a more environmentally sensitive world for all involved.
In truth, this practice merely allows allow polluters to continue doing what they are already doing – poisoning the planet; OUR environment.
What needs to happen is that additional clean projects be added to severe reductions in pollution of already existing ones.
However, the entire mechanism of CAT and COs create a bureaucracy and secondary trading market that completely subverts the goal of reducing carbon emissions.