This Needs To Be Quashed

Nothing has been introduced in the Senate yet that I can find, but this can not be allowed to stand

Three senior US lawmakers are piecing together a sweeping bipartisan energy and climate bill, which looks set to include sweeteners to galvanise support among Republicans and industry groups.

…Environmental groups are divided over the bill, with some decrying the push to pre-empt existing state and federal greenhouse gas regulations. But many moderate groups are withholding judgment until the bill is introduced, saying concessions to industry bodies will be necessary. According to people briefed by the senators, the bill aims to cut carbon emissions from 2005 levels by 17 per cent by 2020 and 80 per cent by 2050, largely by implementing separate caps on utilities and manufacturers. The federal government would sell separate pollution permits to each sector, using a “hard price collar” to limit greenhouse gas allowances to between $10 (£6.70) and $30 per ton, and committing to flood the market with credits if the price ceiling is exceeded.

The bill’s sponsors – John Kerry, the Massachusetts Democrat, Joseph Lieberman, the Independent from Connecticut, and Lindsay Graham, the South Carolina Republican – said the new sectoral approach would begin imposing carbon caps on utilities in 2012 and manufacturers in 2016.

The last thing we need is a new tax on gasoline and more government controls on the economy.

7 Responses to “This Needs To Be Quashed”

  1. Gunslinger says:

    These scum really want to turn America into Zimbabwe.

  2. Nobrainer says:

    It’s going to interesting, and probably humorous to watch these guys deny that this is a tax.

  3. Gary from Jersey says:

    I can’t believe they’re so obtuse they still think CO2 is a pollutant. I guess reading world news tires out their lips.

  4. tree hugging sister says:

    The second I hear Grahamnesty’s cherubic face is attached to something…I turn the other way. It’s MUCH easier when Lurch’s horseface is in on it, too.

    It’s like God had a purpose when he fashioned them or something…

  5. ricki says:

    I said, after Health Care got rammed through, “Cap and Trade will be next.”

    I’m sorry to see that I was apparently correct.

  6. don says:

    The government sure knows how to make a quick billion.

  7. Jim - PRS says:

    I’m with THS. If Kerry and Graham are for it, I’m against it. Period.

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