Thursday, May 21, 2009

.Cap And Trade

         We are about to have a corporate/political/ideological scam cast upon us. No, it's not man made global warming, that's just an ideological scam. I'm referring to Cap and Trade Legislation. Those who, for ideological reasons, want to drastically reduce CO2 emissions need a vehicle for they cannot accomplish this with the evidence alone. They can't even get Al Gore to park his jet with the evidence alone. Cap and Trade is the vehicle. Enter Corporate America, If your going to do this there has to be something in it for us. The response, Well we're not going to give you anything, and if you are going to be able to get anything, there is only one place to go for it, the people, but we can't call it a tax. Corporate America just wants profits.
          When legislation is made, corporations set to work immediately to find ways to make it benefit them. This is a very busy time for lobbyists and lawyers. The official debate is starting in Congress. Under the legislation, energy companies will get credits for the greenhouse gasses they emit. They can use, buy or sell them. Fossil fuels will not produce as much energy but the price per megawatt will increase greatly, thus increasing profits. Ideology gets what it wants, as do the politicians, as do the corporations that would be effected. Profits come in the form of rate increases that are essentially a tax. We may be able to turn a sow's ear into a silk purse with this one if we follow this debate, read, analyze, consider possible consequences and let our Representatives know how we fell about it. A knowledgeable public, no longer gullible, is anathema to the behind closed doors, "We'll let you know what to think" type of politics.