Question: How to pay for health reform?

Pale Green by Jim Boughton

Question: How to pay for health reform?
Answer: Cap and Trade

Healthcare reform is on everyone’s mind these days and has distracted our attention from other equally important issues being considered by our federal government. Already approved by the House of Representatives as H.R. 2454, Cap and Trade will become law, if passed by the Senate in coming months.

According to the Congressional Budget Office (CBO), the American Clean Energy and Security Act of 2009 will cap CO2 production in 2012 to previously produced levels in 2005, with a further reduction of 17 % by 2030 and 83 % by 2050. Although a vast array of companies will be regulated by this legislation, the bill’s real focus is on large industrial energy users and electrical power generators.

Beginning in 2012, all electricity generators will be federally regulated. Any facility that produces or uses imported petroleum, coal-based liquid petroleum coke or natural gas will be required to report their consumption of greenhouse gas (CO2) emissions and pay for any use beyond their federally dictated allotment. The CBO estimates that the Cap and Trade tax on the citizens of the United States through higher energy cost will increase federal revenue by $846 billion by 2019; not enough to pay for healthcare reform but a good portion. In addition, direct federal spending will increase by $821 billion over the same time period. The net result of all this political maneuvering is another huge portion of our economy will be under the thumb of bureaucrats in D.C.

One of the more distressing results of Cap and Trade legislation is that the federal government will take all the credit for the great strides in energy conservation research and development that has been developed by private initiative of the past twenty years.
One such initiative is the United States Green Building Council. Organized in the early 1990s, USGBC has developed important criterion for reducing energy use through thoughtful building design and operations which has become the standard for the construction industry. It is estimated that residential and commercial buildings consume about 40% of our total electricity consumed in this country.

And what will our planet gain from this federal power grab? Very little. We all know by now that the major industrial countries of the future such as China, India and the Asian basin have no intention to participate in any environmental program that negatively affects their financial or social livelihood. The result of the legislation here at home will be the continued loss of our nation’s industrial base as higher fuel costs push even more jobs to foreign countries. Any environmental damage produced by the industries that provide these jobs is simply shifted to the foreign markets along with the jobs we so desperately need.

So what is Cap and Trade really about? Stealing your personal rights that the constitution was created to protect. Sounds like health reform, doesn’t it.

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Comments » 3

pmz writes:

Fossil fuels are on the downside of the supply curve. They can only get much more expensive as whoever in the world doesn't change their energy structure competes for the declining supply. Alternative technology exists. I personally am very sick and tired of sending an enormous part of our wealth to our enemies. And, by the way, the climate is changing which will certainly have a negative impact on our economy.

The solution? Use less fossil fuel. The measure? Carbon into the atmosphere. The strategy? Let the market decide where the lowest hanging fruit is so we start what has to be done with the most bang for the buck.

What's not to like?

vnrios#225900 writes:

PMZ:

You seem to be fooled by a lot of media misinformation. The fact is that the US alone has vast reserves of so-called fossil fuels, which is really a misnomer. Furthermore, All Cap and Trade will do is collect more taxes and destroy the US econmy, since India, China and Brazil, amongst others, will not limit their carbon emissions. While there may be global warming, the fact is that nobody knows for sure that CO2 is the cause. The temperature in Mars and Venus has been reported to be higher than previously recorded. Obviously I do not know of any little green men and women driving SUV's in those planets. A theory has it that Solar flares and high activit in the sun may be the cause. It is also a fact that Greenland, was much warmer from the 12 to the late 15th century. There is irrefutable evidence of even large crops grown there during that time. Then a new mini ice -age started and Greenland has not been very hospitable since then. In the history of the Earth, there has been long and severe periods of cold and hot temparatures. The so-called climate models are inaccurate and depending on the factors and parameters included in those models you get different results. It is also a fact that weather prediction is so inaccurate, that we still get very destructive storms with little warning. Even hurricanes, when tracked has in recent history defied predictions and taken different courses and directions. Man,meaning do-called Homo-Sapiens, has become so arrognat that some believe that we in fact are changing the weather. This believe serves strong political and power grabbing by some to the detriment of all humanity. While moving to better and so-called greener sources of energy is a worthy objective, the fact is that all alternatives have other effects and in many cases they do more damage than predicted or expected. Is is called the law of unintended consequences. Until there is a definite objective analysis and proof of new technologies, we should not embark on eliminatin proven technologies for wishful thinking and politically driven theories,

seniortea writes:

The chances of the Senate passing the Cap and Trade bill are the same as a High School football team beating the super Bowl champs!
The hoax has been exposed and even died in the wool Democrats know it is a lousy bill.

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