Posts about Stop Cap and Trade as of August 18, 2009

If you’re new here, you may want to subscribe to our RSS feed or daily email newsletter. | Sourced From TheAustralian.news.com.au |IN the 1960s, a University of Wisconsin graduate student named Thomas Crocker came up with a novel solution for environmental problems: cap emissions of pollutants and then let firms trade permits that allow them to pollute within those limits.Now legislation using cap-and-trade to limit greenhouse gases is working its way through US Congress and could become the law of the land.

T his is the age of once-in-a-lifetime events. Just as the last quarter of 2008 witnessed the greatest financial crash in most people’s lives, the Northern-hemisphere Summer of 2009 presented a political happening on a similar order of magnitude to President Nixon’s exit from the White House in 1974. From Messiah to Anti-Christ? In metaphoric terms: President Barrack Obama hit the “Lincoln Wall” going ninety miles an hour and on the way to the hospital, a medical emergency worker found the number “666″ on his scalp, under his hair.

If you’re new here, you may want to subscribe to our RSS feed or daily email newsletter. | Sourced From Seekingalpha.com |One of the more potent criticisms of a proposed cap-and-trade policy aimed at reducing America’s carbon emissions is that the market for carbon allowances could come to be dominated and manipulated by financial institutions.

America’s ”kumbaya” moment has come and gone. The nation’s brief feel-good era initiated by Barack Obama’s stirring post-partisan rhetoric–and fortified by John McCain’s classy concession speech–has dissolved into sectarian bickering more appropriate to dysfunctional Iraq than the world’s greatest democratic republic. Yet little of the shouting concerns the fundamental economic issue facing the U.S. today: the decline of upward mobility and income growth for the working and middle classes.

Pat Dollard , Bloomberg, “ Climate Change Measure Should Be Set Aside, U.S. Senators Say ” by Daniel Whitten and Simon Lomax Aug. 14 (Bloomberg) — The U.S. Senate should abandon efforts to pass legislation curbing greenhouse-gas emissions this year and concentrate on a narrower bill to require use of renewable energy, four Democratic lawmakers say. “The problem of doing both of them together is that it becomes too big of a lift,” Senator Blanche Lincoln of Arkansas said in an interview last week.

by Angela Kim This Week’s Top Story: Lead Up To Copenhagen NY Times: Gloomy Negotiators End Bonn Climate Talks The Guardian: UN’s climate chief warns of real risk of failure at climate change talks United Nations: Bonn Climate Change Talks – August 2009 Reuters: INTERVIEW-Climate change fight seen costing $300 bln a year More than 2,000 representatives met in Bonn, Germany for “informal” meetings dealing with the UN Climate Conference last week, August 10 – 14.

Oh my . The U.S. Senate should abandon efforts to pass legislation curbing greenhouse-gas emissions this year and concentrate on a narrower bill to require use of renewable energy, four Democratic lawmakers say. “The problem of doing both of them together is that it becomes too big of a lift,” Senator Blanche Lincoln of Arkansas said in an interview last week. “I see the cap-and-trade being a real problem.” … Ben Nelson of Nebraska and North Dakota Senators Kent Conrad and Byron Dorgan joined Lincoln in suggesting that the climate measure be put off.

Monday August 17, 2009 No guru, no method, no teacher . . . . . .free your mind . . . . . Fresh new week, fresh new outlook and perspective, but guess what? Same issues, same news. . . . .I’m gonna tell you all something. Everything changed on Friday, everything, in 24 hours. I could feel it, and those feelings are never wrong. Something went on behind the scenes, not sure what, but it will play out this week. I’ve always said, I want the White House Chief of Staff’s job.