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View Full Version : Cap & Tax is Dead For Now!



Franco
07-22-2010, 10:23 PM
http://www.nola.com/politics/index.ssf/2010/07/what_others_are_saying_about_t_1.html

I guess the Dems didn't want to push more legislation that will cost them votes in November.

So, the issue is dead at least until after November!:D

david gibson
07-22-2010, 10:26 PM
http://www.nola.com/politics/index.ssf/2010/07/what_others_are_saying_about_t_1.html

I guess the Dems didn't want to push more legislation that will cost them votes in November.

So, the issue is dead at least until after November!:D

wow, they actually thought something through for once.

Franco
07-22-2010, 10:37 PM
The Dems are blaming the Republicans for lack of support:D

The Dems really should be blaming themselves for trying to hatch such a rotten egg.

The only way to curb the use of fossil fuels is by increased cost to the consumer.

I am speculating here but maybe this is why Obama placed a moratorium on deep water drilling. To get the price of gas up at the pump. If so, it will backfire on him in terms of voter support.

As some may know, I am against the moratorium. Good news is that Saudi-Armaco is offering very high paying jobs to all out of work oil hands. We just received a big ad order from an ad agency in Houston recruiting workers. Only bad part is many will have to leave thier familes to work in that sheet hole country.

If and when the moratorium is lifted, it will take months to years to get all the rigs back in action.

BonMallari
07-22-2010, 11:03 PM
depending on the outcome of the elections the Dems will just try and repackage the legislation under a different name and tactic...

Gerry Clinchy
07-22-2010, 11:28 PM
The only way to curb the use of fossil fuels is by increased cost to the consumer.


At least here in PA, that has been happening. PA has a state mandate for utilities to decrease usage by a certain amount by a certain date ... or the utilities will pay a penalty for not doing so. Of course, the problem is that those penalty monies will simply go into the general budget & not be put to use to actually do anything about the use of fossil fuels.

In an effort to avoid these penalties, the local utility is encouraging those heating with electricity to switch to oil and gas! Uh ... last I checked those were fossil fuels. However, it does get the electric company off their hook ... but doesn't do much for the consumer's dilemma.

Terry Britton
07-23-2010, 02:45 PM
If and when the moratorium is lifted, it will take months to years to get all the rigs back in action.

It is a lot easier to slash production than it is to ramp back up. Panasonic saw this last year and in 2008 with the producers that make chips for their blu ray players. One of the chip makers slashed 18 of its plants in the summer, then couldn't open them back up when orders started coming in to prepare for the Christmas Season.

K G
07-23-2010, 04:12 PM
http://www.nola.com/politics/index.ssf/2010/07/what_others_are_saying_about_t_1.html

I guess the Dems didn't want to push more legislation that will cost them votes in November.

So, the issue is dead at least until after November!:D


wow, they actually thought something through for once.

Usually when you're retreating, you drop some weapons to ease your escape...that's what happened here....;-)

k g

Eric Johnson
07-23-2010, 04:23 PM
There's a growing body of writing concerning the Democrats losing one or both houses of Congress in November and then in the ensuing lame duck session, passing all sorts of things that would be immensely unpopular.

Cap and trade is one of the first things mentioned in this regard.

Eric

luvmylabs23139
07-23-2010, 04:53 PM
There's a growing body of writing concerning the Democrats losing one or both houses of Congress in November and then in the ensuing lame duck session, passing all sorts of things that would be immensely unpopular.

Cap and trade is one of the first things mentioned in this regard.

Eric

Harry is dead in the water on cap and tax. The temp senator from WV is a flat out no. His state with all the coal mining would suffer greatly. Harry has no hope of twisting his arm. He needs 2 republicans to flip.

Henry V
07-23-2010, 05:09 PM
A sad event. Too bad that this market-based approach to reducing CO2 emissions cannot be implemented yet. It is a tried and true approach that worked to reduce emissions of nitrous oxide and other pollutants responsible for acid rain.

luvmylabs23139
07-23-2010, 05:36 PM
A sad event. Too bad that this market-based approach to reducing CO2 emissions cannot be implemented yet. It is a tried and true approach that worked to reduce emissions of nitrous oxide and other pollutants responsible for acid rain.


Henry,
Everytme you exhale you produce CO2. Should we limt your breathing?
On a more serios point. Both China and India produce vastly larger amounts of CO2 than the US. Even if the US dramatically cut CO2 it would mean squat. That is if you even buy into the fact that CO2 (which plants and trees need to live) is destroying the planet.
Maybe we should cut down the trees and bann planting them.