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I thnik that this administrtion is so worried about teh growing deficit spoending with few results they know that cap and trade is going to drive compnaies ut of this country ;so it maybe dead issue really.
Cap & Trade isn't going away. The push was to have it ready for Copenhagen, but the health care bill is taking up all the time. So the US will limp through Copenhagen, part way back in the doghouse that Bush had put us in with the credit collapse. This will leave virtually the entire world waiting for the US to get its act together. The pressure to move in the Spring will be substantial, otherwise climate change will become what Vietnam and the Panama Canal used to be. You couldn't talk to anybody about anything without those coming up first. We run the risk of forfeiting a very substantial bit of international standing and stature if we do not get a climate bill done soon...
Yeah, I can see all those moderate dems in the house and senate going for another $1.5 Trillion bill filled with taxes and restrictions.......during an election year......when the electorate is already extremely pissed about deficit spending.
Tax and cap is dead. This is all on the Dems, they had a bullet proof majority and couldn't get it done. They better not point fingers at the Republicans. Health care is going down the same road.
Last edited by shorebaby; 11-18-2009 at 09:33 PM..
Industry is ready and eager for cap-and-trade. All the major manufacturers and especially engine companies have been voluntarily reducing the emissions of their new products in anticipation of climate change legislation, and because they really do want to be good corporate citizens. Green sells, efficiency is good for business, and cap-and-trade will make new American products like the GE-nx aircraft engines or Westinghouse nuclear powerplants more competitive in US markets.
Are you kidding me? The only industries eager for cap and trade would be those that will directly benefit from it which is a small minority.
Quote:
Westinghouse nuclear powerplants more competitive in US markets.
Wrong, as the bill is written now the mandates do not include nuclear. Power companies will be investing in wind, solar and biomass instead...And as this article shows probably produced in China while they build a new coal plant every couple of weeks.
We're bleeding jobs to hthese countries now and increases in the cost of energy will only open that wound further.
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. Hang in there.
