I guess heads are going to roll in the EPA, now that they dared tell the inconvenient truth and have failed to automatically toe the party line.
The policy, under certain scenarios, for example, “can cause domestic production … to shift abroad,” reads the EPA analysis, and result in greater greenhouse gas emissions in countries that do not have similar cap-and-trade rules.
Oh, my... Al Gore's Big Lies would not only kill jobs in America, but would actually cause ghg emissions to rise.
Further, the EPA’s Apr. 20 preliminary analysis of the bill, sponsored by Reps. Henry Waxman (D-Calif.) and Edward Markey (D-Mass.), shows that the plan would reduce U.S. manufacturing capacity 0.3 percent by 2020 and by nearly 1.5 percent by 2050.
Reduced productive capacity. Is this the kind of change Americans envisioned when they voted for Obama?
As the EPA states: “A cap-and-trade policy increases the price of energy-intensive goods. The majority of this price increase is ultimately passed onto consumers. … [L]ower income households are disproportionately affected by a GHG (Green House Gas) cap-and-trade policy because they spend a higher fraction of their incomes on energy-intensive goods.”
The bill, according to the analysis, also would force a 22 percent increase in electricity prices by 2030, pushing the price of gasoline above $4 per gallon by 2030 and to approximately $5.50 per gallon by 2050. Without the climate bill, the EPA projects gas prices to rise to $4.50 by 2050 and expects electricity prices to increase by only four cents between now and then.
Holy shee-it... I don't want this. Do you want this?
And, come on... where's the global warming? There is none. And where's the climate change? There is none. Really... it's a HOAX.
It also seems to me to be a neo-Communist plot to weaken America, to kill her future, whilst strengthening the rest of the world. And it's obvious that the ghg stuff is just a distraction.
And it's also being done to profit greedy neo-Communists willing to help propagate the Big Lie. Like Al Gore. And like the corrupt "scientists" who chose to sign onto the IPCC declaration so as to advance their careers.