UPDATE! 6:15 PM FILIBUSTER! Just thought you might all might want to tune in to CSPAN. House Republican Leader John Boehner is taking the liberty of reading the entire 300-page amendment added to the Waxman-Markey energy bill THIS MORNING at 3am. Democrats want to pass the largest tax in American history, slipping amendments in in the dark? Republicans won’t stand for this. Check it out. His commentary is pretty good too, and Waxman isn’t happy.
Cap and trade vote expected today, time, details International Business Times
It's crap and trade. Cap and Trade is a fancy word for tax increase. Worse, it is a tax on the middle class to subsidize the affluent. States that rely heavily on energy pay more. Miami, Ohio will subsidize Miami, Florida. Why not tie actual warming to carbon taxing based on evidence? Considering that it has been decreasing since 2002, the gubmint might wind up owing us money.
So much going on - breathless. BUT STOP AND LISTEN.
Atlas readers! Call your members of Congress at 202-224-3121 and tell them that they oppose this energy tax. This is a 1,200 page document with an addendum of 300 pages which was added at 3am last night! They are expected to vote on this today. It is a very close count so far.
CONTACT YOUR CONGRESSMAN
CONTACT YOUR US REPRESENTATIVE HERE
This must be stopped. The vampires must get their teeth out of the American taxpayer's neck. This is a crushing blow to capitalism and free markets, to say nothing of the advancement of junk science. This will bankrupt the nation. The massive 'cap and trade' legislation will mean up to a 90% eventual increase in your electricity bill...check out the facts - THIS IS BEING VOTED ON IN THE HOUSE TODAY! CALL YOUR CONGRESSMAN AND TELL HIM OR HER TO VOTE NO ON CAP AND TRADE!
HOUSE IS RUSHING CLIMATE CHANGE BILL THROUGH
How many politicians read these additional 300 pages 12 hours ago and understand this bill?
If you can't get through to your reps on Capitol Hill, call their district office.
McKitrick’s premise is simple—and wait for this—evidence-based!
Why not tie carbon taxes to actual levels of warming? Both skeptics and alarmists should expect their wishes to be answered
Below are the salient points of McKitrick’s proposal. Again, the entire June 12, 2007 Op-Ed can be read here, and his full discussion of the proposal can be evaluated here.
The IPCC [Inter-Governmental Panel on Climate Change] predicts a warming rate in the tropical troposphere of about double that at the surface, implying about 0.2C to 1.2C per decade in the tropical troposphere under greenhouse-forcing scenarios. That implies the tax will climb by $4 to $24 per ton per decade, a much more aggressive schedule of emission fee increases than most current proposals. At the upper end of warming forecasts, the tax could reach $200 per ton of CO2 by 2100, forcing major carbon-emission reductions and a global shift to non-carbon energy sources.
Global-warming activists would like this. But so would skeptics, because they believe the models are exaggerating the warming forecasts. After all, the averaged UAH [University of Alabama-Huntsville] / RSS [Remote Sensing Systems] tropical troposphere series went up only about 0.08C over the past decade, and has been going down since 2002. Some solar scientists even expect pronounced cooling to begin in a decade. If they are right, the T3 tax will fall below zero within two decades, turning into a subsidy for carbon emissions.
At this point the global-warming alarmists would leap up to slam the proposal. But not so fast, Mr. Gore: The tax would only become a carbon subsidy if all the climate models are wrong, if greenhouse gases are not warming the atmosphere, and if the sun actually controls the climate. Alarmists sneeringly denounce such claims as “denialism,” so they can hardly reject the policy on the belief that they are true.
Under the T3 tax, the regulator gets to call everyone’s bluff at once, without gambling in advance on who is right. If the tax goes up, it ought to have. If it doesn’t go up, it shouldn’t have. Either way we get a sensible outcome.
Gore has scored 100 million dollars in "global warming" hoax.
Al Gore’s has invested $6 million in a that stands to make billions of dollars from cap-and-trade regulation — further fueling controversy that Gore lied about his profiteering from cap-and-trade to Rep. Marsha Blackburn (R-TN) and the House Energy and Environment Subcommittee during testimony in April.
Hara Software sells software to help track greenhouse gas emissions. The market for such software is now about $2.5 billion dollars in size, and is expected to grow by a factor of ten to $25 billion if cap-and-trade legislation is enacted, according to Hara CEO Amit Chatterjee.
Kleiner Perkins, a venture capital firm in which Al Gore is a partner, invested in Hara just last year. Chatterjee told Reuters that,
UPDATE: Left Coast Rebel has the numbers here. Wow.
Cap and Tax...get on the horn.