From the Detroit News Editorial page.....

Thursday, July 2, 2009
Editorial: Cap-and-trade bill not likely to deliver promised jobs
The Detroit News
President Barack Obama is chiding critics of his carbon cap-and-trade proposal to combat global warming for being afraid of a future shaped by new energy technologies and thriving with so-called green jobs.

What those skeptics are really afraid of is a future locked to laws that institutionalize high unemployment, low growth and a lesser standard of living for Americans.

The administration and Democratic leaders in the House are banking passage of cap-and-trade legislation on the promise that the government's $100 billion investment in green technologies will spin off five million new jobs and hyper-boost the economy.

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It's a tough sell, even to the administration's congressional supporters.

The House just narrowly passed the measure, with many nervous Democrats deserting their leaders to join Republicans in opposition. That spells trouble for the bill in the Senate, where bipartisan concerns about the impact on the economy are being raised.

Before the country commits to such a radical change, the promises made by supporters must be more carefully examined.

House Speaker Nancy Pelosi says her advocacy for cap-and-trade is all about "jobs, jobs, jobs, jobs." But there's no evidence that employment has grown anywhere in the world because of energy mandates such as cap-and-trade.

A study released in March by four professors hosted by the University of Illinois casts a great deal of doubt about green job creation.

The academics found claims of green jobs to be unsubstantiated or overstated, and that energy mandates will likely kill more jobs in other industries than they create.

The report also warns that strict government demands for renewable energy sources -- the cap-and-trade bill requires 20 percent of energy production be from renewables -- and bans on more plentiful and reliable sources such as coal will choke off growth and risk leaving the country in the dark.

There's also considerable disagreement about the cost of the cap-and-trade bill. The Congressional Budget Office estimates it to be a mere $175 a household. But the conservative Heritage Foundation pegs it at $3,000 per household, which seems more realistic considering the impact on energy and fuel prices.

This is not a job creation bill and it won't revive the economy.

It's a bill, according to the professors, that would "lead to restructuring and possibly impoverishing our society." Senators should acknowledge that possibility before casting their vote.
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Obama and the democrats are bound and determined to lead this country kicking and screaming into the dark ages......literally!

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The spirit of resistance to government is so valuable on certain occasions, that I wish it always to be kept alive.
Thomas Jefferson

A GOVERNMENT BIG ENOUGH TO GIVE YOU EVERYTHING YOU WANT, IS BIG ENOUGH TO TAKE AWAY EVERYTHING YOU HAVE Thomas Jefferson

To compel a man to subsidize with his taxes the propagation of ideas which he disbelieves and abhors is sinful and tyrannical. Thomas Jefferson

VIVE LIBERTE'

If you like this program just consider WHERE it came from.

It was designed by Ken Lay at ENRON.

This is the new way to be able to raise money (hidden taxes) without EVER needing congressional approval ever again. It becomes simply a matter of adjusting what the "caps" are....voila......... fresh capital.

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"Most people can't think, most of the remainder won't think, the small fraction who do think mostly can't do it very well. The extremely tiny fraction who think regularly, accurately, creatively and without self delusion---In the long run these are the only people that count." ***** Robert Heinlein

The only thing I can support about this, the ONLY thing, is for us to have less reliance on coal.


Until we can truly find a way to make the waste inert, and do it on a large scale without it costing more than we can afford, coal is just not an acceptable method of producing energy.

But again, that is the ONLY thing I support in this bill. The rest of it truly is Smoke And Mirrors.

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Yea and KS. after a 2 year fight to stop it by the home state Dems, well the home state GOP got the permission early this year to let Holcomb build a new COAL FIRED plant is S.W. KS. So Texas and Colorado can have power...

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All I have seen teaches me to trust the Creator for all I have not seen.
Ralph Waldo Emerson

Integrity without knowledge is weak and useless, and knowledge without integrity is dangerous and dreadful. - Samuel Johnson.. (1709 - 1784) Faith is what mine is built upon..

"We can't solve problems by using the same kind of thinking we used when we created them." - Albert Einstein (1879 - 1955)

More like 'tax and spend'. I am amazed that in the midst of recession anyone thinks is a good idea to make it even less competitive to do business in America.

I suppose someone won't be happy until unemployment rates are in the 20's or 30's.

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Dudes ... you're just NOT THAT MUCH ****ING SMARTER than all of us. GET OVER YOURSELVES!
-- Me, to President Obama and the rest of his self-loving amateur staff.

Quote:
Watch aerial footage of the 500 million gallons of toxic coal waste spill in the Tennessee River. On Sunday night, 4 to 6 feet of ice cold toxic coal ash and slurry burst out of a Tennessee Valley Authority holding pond for power plant waste and buried 12 homes, 400 acres, and wrecked a train. Coal ash is more radioactive than nuclear waste.
Darn a dam (levee like New Orleans) collapsed on purpose? I've heard of sewage dams failing leaving a real stinky mess too (and a biohazard to boot).
Actually I researched this and discovered where the deception lay (lied). I believe that the phrase in the article used to source this (from Scientific American) was that the "amount of radiation was 100 times more than that emitted from a nuclear power plant" (well except for Chernobyl that is an extremely SMALL amount and certifiably NOT dangerous).........well unfortunately that makes it still far under what is naturally already present in many environments like basements or sunshine.(ever heard of RADON?)

Until we can truly find a way to make the waste inert, and do it on a large scale without it costing more than we can afford, coal is just not an acceptable method of producing energy. How about when the mine is tapped out we use it to refill the hole? Duh

But again, that is the ONLY thing I support in this bill. The rest of it truly is Smoke And Mirrors.

How come the GOVERNMENT inspectors did NOTHING before this tragedy?

Just like the economic collapse recently NO ONE that allowed and actually caused it are being held accountable....nay actually now most have been promoted into even higher positions. Prime example is our secretary of the treasury who used to oversee the NY region of banks and securities.......oh do I mean the place where Madoff ran his Ponzi scam and where ALL of the major banks and insurance companies were based? Have you heard anything about the PROSECUTION of the SEC officials who signed off on Madoff EVERY year of the twenty years he ran his scam?

Now heres some fresh meat for you.

Cap and Trade Extras - Jamie Dupree on wsbradio.com

Michelle Malkin Here is the cap-and-tax “placeholder:” Where’s the fine print?

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"Most people can't think, most of the remainder won't think, the small fraction who do think mostly can't do it very well. The extremely tiny fraction who think regularly, accurately, creatively and without self delusion---In the long run these are the only people that count." ***** Robert Heinlein

In the 1950"s I was promised an unlimited and CLEAN supply of power (electricity) for the rest of my life. It is the wackos and leftists that have denied this to me and my country's wealth and welfare.


YES I mean NUCLEAR POWER.

Nuclear power "recharges" itself and there is far more "radioactive waste" from it's MEDICAL applications than from the approximately hundred each of military ships with nuclear power and electric plants in the US.

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"Most people can't think, most of the remainder won't think, the small fraction who do think mostly can't do it very well. The extremely tiny fraction who think regularly, accurately, creatively and without self delusion---In the long run these are the only people that count." ***** Robert Heinlein

No matter the economic times or outlook, unnecessarily raising the cost of our current sources of energy just to make alternatives competetive is asinine.

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"...baseball...It reminds us of all that once was good and it could be again." --- Terence Mann (field of dreams)

Yes the foam prove it..... Good post.

__________________
All I have seen teaches me to trust the Creator for all I have not seen.
Ralph Waldo Emerson

Integrity without knowledge is weak and useless, and knowledge without integrity is dangerous and dreadful. - Samuel Johnson.. (1709 - 1784) Faith is what mine is built upon..

"We can't solve problems by using the same kind of thinking we used when we created them." - Albert Einstein (1879 - 1955)

Adept1 Agreed and we need more Nuclear Power Plants not coal fired plants. We could pay off our debt to China with our shale and coke coal.... gee I had a thought worth expressing....

__________________
All I have seen teaches me to trust the Creator for all I have not seen.
Ralph Waldo Emerson

Integrity without knowledge is weak and useless, and knowledge without integrity is dangerous and dreadful. - Samuel Johnson.. (1709 - 1784) Faith is what mine is built upon..

"We can't solve problems by using the same kind of thinking we used when we created them." - Albert Einstein (1879 - 1955)