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Meanwhile the folks who will actually be paying the bill sit back and grab their ankles for another round of "thank you sir may I have another" from this lost state. When electricity rates and higher prices force folks out and business out of the state to avoid this ridiculous nonsense the state will take in less tax money than their "windfall" that I guarantee.
One scam's "windfall" to pay for another scam and on it goes.
"For the past 10 years, California has struggled with huge budget deficits and wrenching cuts. Suddenly, however, the state is poised to raise billions from an unusual new source: the proceeds from its landmark global warming law.
The windfall could come as soon as this fall, when state officials are set to begin auctioning off pollution credits to oil refineries, power plants and other major polluters as part of a new "cap-and-trade" system.
The amounts are potentially enormous: from $1 billion to $3 billion a year in 2012 and 2013, jumping to as high as $14 billion a year by 2015, according to the nonpartisan state Legislative Analyst's Office. By comparison, the state's current budget deficit is $9 billion.
But like thirsty castaways on an island surrounded by ocean water they can't drink, Gov. Jerry Brown and state legislators face strict constraints on how they can spend the money. More than 30 years of court rulings and ballot measures -- dating to Proposition 13 in 1978 -- limit its use, probably only to projects that reduce greenhouse gas emissions.
To add another hurdle, major business groups are preparing lawsuits, arguing that the state cannot collect the money at all.
Still, Brown and others in the Capitol are cautiously making plans. On Monday, the state's High-Speed Rail Authority slipped into a news release that the money would be used as "a backstop" that could save the struggling bullet-train project."
So it's not about cutting back (because that would hurt their "revenue") but about raking in the $$$$.
Exactly what Copenhagen was all about.
If you are going to become dependent on "pollution credits" to close your budget gap then you don't want these companies to clean up their acts; if anything you want them to pollute more so you can receive more $$$$.
So it's not about cutting back (because that would hurt their "revenue") but about raking in the $$$$.
Exactly what Copenhagen was all about.
If you are going to become dependent on "pollution credits" to close your budget gap then you don't want these companies to clean up their acts; if anything you want them to pollute more so you can receive more $$$$.
Being a de-facto amnesty state has its price. The law abiding have to underwrite the costs to the state from illegals be they in the prisons, on the welfare rolls, in the ER, in the schools, or taking up the time/resources of other public services.
So it's not about cutting back (because that would hurt their "revenue") but about raking in the $$$$.
Exactly what Copenhagen was all about.
If you are going to become dependent on "pollution credits" to close your budget gap then you don't want these companies to clean up their acts; if anything you want them to pollute more so you can receive more $$$$.
That has been my argument with this nonsense. If co2 is so evil then why not just shut the things down completely? If they are destroying the planet and going to kill us all why are they allowed to pollute, as the greenies call it, for a price? It makes no sense like the rest of the global warming cries.
Being a de-facto amnesty state has its price. The law abiding have to underwrite the costs to the state from illegals be they in the prisons, on the welfare rolls, in the ER, in the schools, or taking up the time/resources of other public services.
Yes but this money can only be used for green nonsense. Unless they want to build green schools and prisons for the illegals then his speed rail it is apparently. At least they'll be able to sign up for bennies easier in two different cities. LOL
Since I grew up around the rail industry and have maintained a lifelong hobby interest, I want to post a link to a site where the subject is under constant (and respectful) discussion.
The only point I want to stress at this stage of the discussion is that because rail trnaspoertaion is so capital-intensive, because, by its very nature, it cannot escape public sector participation and/or influence, and because the shrinking of the rail indistry's dominance paralelled the incrasing diversity of the general population, the possibilities for a misundersanding of what can and can not be done, how soon, and at what price, the potential for delays, cost overruns and general disappointment is quite steep. That having been said, so are the rewards in terms of efficiency if s sensible balance between economy and the public's demand for the mobility of an auto-centric culture can be struck.
It looks like the millions of dollars a day the state collects from the 'it's for your safety' revenue collecting cameras on traffic lights isn't enough to close the enormous budget gap. So come up with another gimmick to take even more money out of peoples pockets. And yet, the voters of CA keep voting for the same people.
Meanwhile the folks who will actually be paying the bill sit back and grab their ankles for another round of "thank you sir may I have another" from this lost state. When electricity rates and higher prices force folks out and business out of the state to avoid this ridiculous nonsense the state will take in less tax money than their "windfall" that I guarantee.
One scam's "windfall" to pay for another scam and on it goes.
"For the past 10 years, California has struggled with huge budget deficits and wrenching cuts. Suddenly, however, the state is poised to raise billions from an unusual new source: the proceeds from its landmark global warming law.
The windfall could come as soon as this fall, when state officials are set to begin auctioning off pollution credits to oil refineries, power plants and other major polluters as part of a new "cap-and-trade" system.
The amounts are potentially enormous: from $1 billion to $3 billion a year in 2012 and 2013, jumping to as high as $14 billion a year by 2015, according to the nonpartisan state Legislative Analyst's Office. By comparison, the state's current budget deficit is $9 billion.
But like thirsty castaways on an island surrounded by ocean water they can't drink, Gov. Jerry Brown and state legislators face strict constraints on how they can spend the money. More than 30 years of court rulings and ballot measures -- dating to Proposition 13 in 1978 -- limit its use, probably only to projects that reduce greenhouse gas emissions.
To add another hurdle, major business groups are preparing lawsuits, arguing that the state cannot collect the money at all.
Still, Brown and others in the Capitol are cautiously making plans. On Monday, the state's High-Speed Rail Authority slipped into a news release that the money would be used as "a backstop" that could save the struggling bullet-train project."
The folks you talk about are the taxpayers who will have to pay outrageous prices for any kind of fuel since the companies that have to buy all those tickets to stay in business will just raise prices. Somehow these stupid people just don't care about the end payers, the consumers.
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