So.... Cap & Trade is already doomed to failure because of its unreliability and high cost?

Is this the sort of "Change" that Mr. Obama and his handlers want for our country? Turning ourselves green By J Dwight Published: Aug 30, 2009 1:39 am There has been much press and advertising lately about "green jobs" being, or about to be, created by construction of wind farms and other renewable energy sources. President Barack Obama, in fact, has used Spain as a model for pursuing sustainable energy projects. But for every four green jobs created in Spain, less than one was made permanent, according to a study released by Spain's Universidad Rey Juan Carlos in March 2009. Spain's experience also shows for every permanent green job created, nine permanent jobs were destroyed. Creating green jobs, then, is touted as a "Bridge to the Future," but it looks like a "Bridge to Nowhere." Maine faces a similar, if not more tenuous, situation than Spain. A report released last week by the American Center for Capital Formation noted that Maine could face an additional 6,000 to 9,000 job losses if federal "cap and trade" legislation is passed, the mechanism by which many of these green jobs will be created. Cap and trade, essentially, would tax emitters of carbon dioxide, and use the revenue — about $15 billion — to fund renewable, sustainable energy development. The National Post has reported, "Denmark, the most wind intensive country with 6000 turbines generating 19% of electricity from wind power, they have not been able to close one fossil fuel plant and to their dismay, 50% more electricity was needed to cover wind's unpredictability, and CO2 emissions rose 36%." "The German experience is no different," reported the National Post. Der Spiegel reported that "Germany's CO2 emissions haven't been reduced by even a single gram," and additional coal and gas-fired plants have been constructed to ensure reliable delivery." So, if wind power does not decrease the use of coal or gas, does not decrease CO2 emissions, does not produce permanent job gains, and in fact destroys jobs, increases electricity costs, and increases CO2 production, what does it do? One begins to wonder if cap and trade is the equivalent of economic self-mutilation.

Asked By: - 8/30/2009
Best Answer - Chosen by Asker
Cap and trade is doomed to fail because it is biased of wrong science. I’m not saying CO2 is a myth... I’m not an idiot. All cap and trade will do is punish states that produce electricity. It will f*k up the Midwest states that mine and use coal. It will really help California because they have no industry... More
Answered By: brianB - 8/30/2009
Additional Answers (5)
CO2 is a lie
Answered By: Bobby - 8/30/2009
Nope. My God I hope it'll get passed. I'm going to actively lobby for it. CAP AND TRADE ALL THE WAY. Oh I suppose carbon is a conspiracy right? I suppose it's not really an element just something left wing scientists want right? LOL.
Answered By: Gib - 8/30/2009
I tire of all the negativity. American was once a country of strong dynamic leadership that could identify a problem and tackle it. Now we get all these mamby-pampy weaklings with no guts. We can't do that ... wa wa .. I don't want to make changes. I don't care about people in the future, even though people in the... More
Answered By: Baccheus - 8/30/2009
What are J Dwight's credentials in this subject? He is an investment adviser and a board member of the Maine Heritage Policy Center, a far right wing organization that rates legislative bills on a point system without taking the whole picture into consideration. He is not an energy expert. Mr Dwight doesn't even... More
Answered By: winterrules - 8/30/2009
J Dwight of the (Maine Heritage Policy Center) They are listed on page 17 of this In other words they are a sub-set of the Cato Institute the denier apple doesn't fall far from the tree.
Answered By: antarcticice - 8/31/2009
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