Tuesday, 4 August 2009

If the USA sneezes...we catch more than a head cold...

...There are two driving forces behind Cap-and-Trade. One is the claim that “green” energy producers will generate new jobs if the government just provides a combination of legislative mandates for its use (wind and solar) and, two, that a massive new trading apparatus in “carbon credits” for the generation of “greenhouse gas emissions” will protect the Earth against “global warming.”...Using “global warming” to justify any government mandates or to empower the Environmental Protection Agency to regulate carbon dioxide as a “pollutant” is a lie. It is a very big lie. As the Energy Tribune authors point out, “To generate real industrial jobs you need a basic commodity to trade, such as oil, gas or coal.” This is in marked contrast to wind and solar energy. “The trouble is that alternative energy technologies currently don’t work. That is to say, they remain inefficient, offering a very poor energy return on investment.”“Cut off the flow of public subsidies and the alternative energy industrial revolution would grind to a halt tomorrow.” ...If you had a choice, would you prefer to see wind, solar and biofuel energy producers receive billions in taxpayer subsidies or would you prefer to see independent energy producers permitted to extract oil and natural gas or the coal industry have access to the U.S. reserves that would provide electricity for centuries to come? This is not mere conjecture. The experience of European Union nations demonstrates that for every green job created, a real job is destroyed elsewhere in the economy. Carbon regimes drive manufacturing to nations that do not impose limits on coal, oil and natural gas. For example, “Germany’s Angela Merkel is insisting on major exemptions for German heavy industry come December’s global climate summit in Copenhagen. Merkel’s government is also supporting the building of 26 new coal-fired power plants across Germany.” Compare that with one hundred such plants whose construction was thwarted in the United States by environmental groups such as the Sierra Club and Friends of the Earth.“In June, deputy head of Poland’s Solidarity trade union, Jaroslaw Gresik, estimated that the EU’s climate policy would cost 800,000 European jobs.” Widely circulated data from a study of the heavily subsidized wind and solar energy industry in Spain revealed that its alternative energy program destroyed nearly 110,500 jobs elsewhere in its economy or 2.2 jobs destroyed for every ‘green job’ created. Consumers there have seen their electricity rate increase by 31 percent.Other independent studies reveal that Obama’s claim of five million new “green” jobs would cost an estimated $500 billion to create... The Big Lie about “Green jobs” is going to cost jobs. The Cap-and-Trade bill is a massive tax increase. If the Waxman-Markey Cap and Trade Bill is passed, it will undermine the economy, cost jobs, and leave the nation increasingly dependent on the import of energy resources while our own lay underground, unexplored, untapped, unused..a grim picture for US taxpayers, social and economic disaster unfolding, thanks to lies, overstatement and ideology. With thanks, and with sympathy to WarningSigns...

2 comments:

MK said...

The driving force behind Cap-and-Trade has little to do with the environment, that's just the bullshit thrown up to deceive the stupid and gullible. The real objective is control through socialism. They hate America's success and they want to tear it down. If they really gave a shit about carbon, they'd be going after China, the biggest emitter in the world.

Anonymous said...

Truth will eventually win out. Cap and Trade will be a total financial disaster, hitting the poorest the hardest. Obama will I think, go after 1 term but the pain he inflicts will hurt for decades.