Opinion

     

15May09


Global robbery

You were probably just as surprised as me when you learned that the government in the form of the Environmental Protection Agency recently classified Carbon Dioxide (CO2) as a major hazard to Americans' health.  "In both magnitude and probability, climate change is an enormous problem (and) the greenhouse gases that are responsible for it endangered public health and welfare," said the EPA, concluding the dangers warrant action under federal air pollution laws

Whenever the government says something like this, I immediately think that they believe they have come up with a winning tax scheme and that they’re planning a huge transfer of money from the people to them.  The very last thing that enters my mind is that what they are saying contains anything resembling the truth.

This CO2 pronouncement is necessary in order for the government plan to institute Obama’s “Cap and Trade” plan.  President Barack Obama’s budget plan assumes $78.7 billion in revenue in 2012 from the sale of greenhouse-gas emission permits to polluters, putting pressure on Congress to pass legislation by early next year.

Kim Chipman and Catherine Dodge wrote in the Bloomberg Press, “A ‘cap-and-trade’ program would generate a total of $645.7 billion by 2019, according to the budget blueprint Obama sent to Congress today. Initial funds would be used to invest in ‘clean’ energy, help finance Obama’s tax credit for workers as well as offset higher energy costs for low- and middle-income people and clean up costs for small businesses.   “Invest” is Democrat for Spend.

The budget calls for the Environmental Protection Agency to get $19 million to begin setting up an inventory of greenhouse- gas emissions that most scientists say are causing rising temperatures and sea levels. Obama has asked Congress to send him a bill that would create an emissions trading system, putting a mandatory cap on carbon-dioxide pollution nationwide for the first time in the U.S.”

John Interval, writing in the Pennsylvania based Patriot News said, “Europe adopted Cap and Trade four years ago but has yet to produce benefits. In Europe, energy prices have skyrocketed, economic competitiveness has drained away, many jobs have been lost and investment has gone elsewhere. Worse still, Europe's carbon emissions have increased.

To avoid burdening its economies with high costs, the European Union issued carbon permits to some politically connected companies at no charge. The companies then sold their permits to other businesses at a huge profit. The result was that those companies had no incentive to develop technologies for controlling emissions, such as carbon capture-and-storage. Yet they went ahead anyway and raised fuel and electricity prices.

The European Union's blunders, however, have not dissuaded the Obama administration and its congressional allies from pushing for a cap-and-trade system.”

To my way of thinking, the European Union knows the scheme is unworkable, but they don’t care. They need the money to fund their socialist system that pays parasites for doing nothing.

This suits the Obama administration. It has a lot of well-connected contributors to reward and a lot of parasitic voters that are waiting for their share of Obama’s “Spread the Wealth” campaign promise.

The saddest part of this is that the whole thing is a fraud. It’s based on junk science. CO2 isn’t a pollutant—plants live on it.  Global Warming, or whatever they are calling it today is utter nonsense. It was dreamed up by scientists who live on government research grants and kept alive by environmental activists with an uncontrollable  desire to return the country to the sixteenth century—everyone but themselves. Once certain political groups learned they could use it to raise taxes, they adopted it as their own. I fully expect them to eventually charge us every time we exhale.

 

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