Assessing Cap and Trade
Once Congress reconvenes in the fall, they will soon start pushing the Cap and Trade bill once again in order to fight the Loch Ness monster of our time known as global warming. Many people will swear it exists, but just as many will deny its presence, and there are scientists on both sides of the issue that feel strongly in their positions. Everybody will have their own opinion on the subject which will certainly be shaped by what “experts” they choose to follow and believe. Instead of arguing the issue from an emotional standpoint maybe it would be useful to come at it from another angle. Here is a list of statements that we should seriously think about and determine the believability of each before Cap and Trade is supported.
1. First of all, you would have to believe that global warming actually exists, not just that temperatures have become warmer over recent history which is definitely a measurable item, but that it is absolutely not a naturally occurring process that is repeated throughout the earth’s history.
2. Then you would have to know with certainty that it is definitely caused by carbon emissions.
3. Then you would have to be convinced that any scientifically proven temperature rise is without question due to man’s voluntary carbon emissions (energy creation), thereby excluding any and all natural events beyond man’s control such as breathing, volcanoes etc.
4. Then you must believe that America can affect the outcome by a statistically significant amount taking into account that China and India do not seem interested in constraining their economies to participate. Take into consideration the fact that most of the manufacturing base of the future will be in those countries.
5. Then you would have to believe that America can really afford to shoulder the cost on our economy being that we are currently the biggest debtor nation in history, and that debt is increasing dramatically which will only weaken us more in the years to come.
6. Then you would have to be confident that American jobs will not just be sent to another country in order to circumvent the added regulation. These countries that refuse to participate may become the largest beneficiaries of factories that are burdened with the costs of our legislation.
7. Then you would have to be comfortable with the projected cost estimates per household, and be certain that they will not add to the hardships of the lower-income segment since this program will prove regressive thus hitting this segment the hardest.
8. Then you would have to trust that our Government has the ability to solve the problem considering they never solve anything, their history consistently shows they become the problem at every turn.
9. Then you would have to be confident that our politicians would truly be motivated to do the right thing for America and not just use it as a political bargaining chip for their own benefit, thus horse-trading the bill until it is rendered unrecognizable and ineffective.
10. Then you would have to believe the debate is really about climate change for the politicians, or is it more likely about raising money and providing another instrument of control for the Government to continue building power? These are people that have continually shown a lack of respect and contempt for our nation when their own best interest is not being served, thus anything they say can not be trusted as the truth instead of political expediency.
As you can see, it is extremely difficult to get through this list and honestly concur with all the points without any reasonable doubts. Any number or combination of these statements can be viewed as believable, but they should all be seen as such before our Government saddles us with the huge consequences of this plan. This could be an easy decision if the outcome were a few billion dollars here or there, but if we are going to make a bet of hundreds of billions of dollars on this plan as a nation then we certainly should be convinced that this whole list is realistic. The cost estimates for this are all over the place depending on the bias being presented, but it is important to realize that it will affect everything that is purchased and not just your monthly utility bill. Would anyone honestly bet the farm that all the above statements are believable? This should be the standard we apply before such a massive program is unleashed on us, or it will go down as another huge policy mistake that puts another nail in our coffin as a nation.

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