Wednesday, April 7, 2010

Hot Time in Southern California

e-mail to Congress:

EIN News says, "California's Cap-Trade Law Faces Fall Ballot Challenge. The energy industry and an antitax group are challenging California's plan to cap greenhouse-gas emissions, saying the effort would lead to job losses and raise energy prices if it goes into effect in 2012. (wsj.com)".

It continues to amaze me how ridiculous the California leadership can be. They have one of the highest unemployment areas in the country, are tremendously in debt, such that they have to offer I/O/Us instead of cash to pay their bills. Yet they continue to voluntarily swamp themselves with unnecessary unemployment increases and increasing debt.

Let's repeat the facts. When they say greenhouse gases, they mean carbon dioxide. However, carbon dioxide is not a greenhouse gas. It is slightly more resistant to the passage and loss of heat to the stratosphere than other atmospheric gases, such as oxygen and nitrogen, but its concentration is so low (0.05%) that its effect on global warming is insignificant.
Perhaps the Californian leadership is looking more at Cap & Trade for the tax money it might bring in on the basis of fraud and deceit. The tax money would come from fossil burning electricity plants, who would pass along that cost to consumers. The net effect will be a general public tax on electrical energy. People out of work, can hardly pay their rent and food bills. It's going to be awfully hot for those living south of San Francisco this summer, when the air conditioning bills would be too high to buy the service.

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