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Cap and Trade?

What is it really?

Answer Question
 
Anonymous

Asked by Anonymous at 12:30 PM on Jul. 9, 2009 in Politics & Current Events

Answers (10)
  • a crippling permanent fund raiser where donations are mandatory.

    Anonymous

    Answer by Anonymous at 12:33 PM on Jul. 9, 2009

  • it's BOGUS! That's what it is!
    Ladybugkisses76

    Answer by Ladybugkisses76 at 12:34 PM on Jul. 9, 2009

  • start here!  :o)

    LoriKeet

    Answer by LoriKeet at 12:37 PM on Jul. 9, 2009

  • Yes it would do you well to read Loris journal.I also have one on it you are welcome to veiw.
    tnmomofive

    Answer by tnmomofive at 1:27 PM on Jul. 9, 2009

  • Try and find an UN-BIAS'd source...
    sweet-a-kins

    Answer by sweet-a-kins at 2:11 PM on Jul. 9, 2009

  • Kind of hard to find an UNBIASED source when the only stuff you can read in the MSM is BIASED in support of Obama, Democrats and the liberal agenda!!!
    LoriKeet

    Answer by LoriKeet at 2:35 PM on Jul. 9, 2009

  • Google "Cap and Trade" and you'll find oodles of bias sources from either side of the aisle.

    Basically it breaks down to this - carbon credits for companies. We're (as in the Feds) going to decide how much carbon and other waste emissions a company can pump out of it's facilities. If that company falls below it's allotted amount, it can sell off the extra to another company. If the company exceeds it's allocated levels, it can pay a nice nifty tax and/or it can buy credits from one of those less-emitting companies. It's all about greenhouse gases and saving the Ozone.

    There is even a clause to prevent foreign manufactured items to be sold in the US if they do not come with a CO2 emissions statement that meets specific guidelines under this bill.

    Find some background here: http://www.nationalcenter.org/NPA570.html. for unbiased, stop reading after the international reserve allowance program. it is NOT an unbiased source
    ldmrmom

    Answer by ldmrmom at 2:49 PM on Jul. 9, 2009

  • Some feel this is an important to help control pollution and fight Global Warming. Others see it as a farce and just a new reason to tax the day-lights out of us all. There will be *some* cost impact for this drilling into your wallet. Some estimates are as low as the 'price of a stamp per day' (but with the post office raising prices ever few months that may not be what it seems. LOL!) Others (like the Wall Street Journal) look to similar programs in Europe for what to expect:

    "The reality is that cost estimates for climate legislation are as unreliable as the models predicting climate change. What comes out of the computer is a function of what politicians type in. A better indicator might be what other countries are already experiencing. Britain's Taxpayer Alliance estimates the average family there is paying nearly $1,300 a year in green taxes for carbon-cutting programs in effect only a few years." WSJ 6/26/09
    ldmrmom

    Answer by ldmrmom at 2:56 PM on Jul. 9, 2009

  • When you sell your home you will need to bring it up the code the EPA will set for housing. If you don't you won't be selling it. So if you own an older home think all new windows, new roof, all new appliances, new insulation and many other things to make your home up to their code and drain your wallet not to mention fill landfills with all the stuff that will be obsolete.

    Large corporations will not be putting out less crap into the air simply pay money to pump the same stuff out. It is a tax that will not do anything but cripple our economy further. Yeah for change.
    Anonymous

    Answer by Anonymous at 3:19 PM on Jul. 9, 2009

  • Note: This bill has ALREADY BEEN PASSED in the House of Representatives ( on June 26th). And the Senate is scheduled to vote on this in September. ...

    In 2010, 1/3 of the Senators are up for re-election. So they might be more susceptible to pressure from irate American citizens than other Senators whose seats are secure until 2012 or 2014. That's only 33 or 34 Senators to focus our faxes, letters & phone calls upon.

    Altogether, there are only 99 Senators - a very manageable number to contact (compared with the 400+ in the House of Representatives)

    I have seen in some articles a list of Senators who are more undecided, and who could use some communication from the citizenry.

    Keep in mind that - unlike a vote - your voice counts for more than just yourself when you contact a Congressman. They have statistical equations which count your phone call or letter as representative of a larger number of people.
    waldorfmom

    Answer by waldorfmom at 8:18 PM on Jul. 9, 2009

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