Where oh where is America going?

[Jack]

http://en.wikipedia.org/wiki/Cap_and_trade

[scalerman]

Thanks Jack I am much better educated now. I too am concerned about this whole thing- to me there is only anecdotal evidence of global warming. If you go deep enough in the Arctic there are tropical jungles there under the ice. That to me would indicate that at one time the world was much warmer than it is now. This phenomenon occured long before human habitation- I'm going to go out on a limb and say that there might not be a relationship between "global warming" and human activity. This is just another way for the rich to get richer.

[skeet]

Is just a very large tax on energy in it's final form.. What it means is that they will pass a law that limits carbon emissions at a very low level . What they want to do is "save the environment" by cutting down on carbon emissions in the United States. If the companies(such as coal fired electric generating companies) can't meet the artificial levels promulgated by a bunch of liberal politicians..they will either have to purchase carbon credits from other companies or invest very heavily in technology that would reduce carbon emission from their generating plants..costing hundreds of millions of dollars and raising your electric bill by leaps and bounds also the price of your gasoline, the price of your heating oil and natural gas or propane. What it boils down to is just a gigantic tax on the consumers of the country. Every cost will of course be passed down to the ultimate end..you the consumer. At the same time this will cost millions(more) of American jobs. And since we'll have less people working your taxes will rise exponentially to take care of those who lose their jobs and the millions more who choose to not work anyway. We are unfortunately heading for a marxist state..these people running the country are not socialists..they are marxist/communist. Comrades as it were.