A senate committee today voted to send a resolution to the full senate to reduce greenhouse emissions with credit incentives for those that cut and credit penalties for those that don't. Those most affected by this decision are utility, manufacturing and transportation businesses. Which in the end means the consumer and user. Thats you and me.
A vote most along party lines to progress the bill was claimed to help the children. Senator Barbara Boxer claims, "We are facing a crisis that will hit our children and our grandchildren the hardest if we do not act now. Not to act would be wrong, cowardly, and irresponsible."
Oh its going to hit our children alright. Higher taxes and consumption costs. The bill seeks to force companies to reduce greenhouse gases or carbon dioxide emissions much like the much ballyhooed Kyoto Protocols which have done absolutely nothing for those that elected to follow it since the mid 90's.
This time its just us. The good ole' US of A. The thought amongst the mostly liberal backing of this plan is that by America taking steps to control global warming other industrial states like China and India will follow suite. This is highly unlikely since China is a communist state only concerned about its own internal interests and India while a democracy is more concerned about becoming the China-alternative to leadership in Asia.
If this bill is ratified, it would surely increase the taxes the average American family would be required to pay. A Washington Times Article on November 11th, estimated that the burden for these caps would be about five trillion dollars over 40 years with no evidence of appreciable change in global warming patterns.
Sure that is a bit of alarmist mentality. Scaring people into radical conclusions seems to be the norm these days.
A vote most along party lines to progress the bill was claimed to help the children. Senator Barbara Boxer claims, "We are facing a crisis that will hit our children and our grandchildren the hardest if we do not act now. Not to act would be wrong, cowardly, and irresponsible."
Oh its going to hit our children alright. Higher taxes and consumption costs. The bill seeks to force companies to reduce greenhouse gases or carbon dioxide emissions much like the much ballyhooed Kyoto Protocols which have done absolutely nothing for those that elected to follow it since the mid 90's.
This time its just us. The good ole' US of A. The thought amongst the mostly liberal backing of this plan is that by America taking steps to control global warming other industrial states like China and India will follow suite. This is highly unlikely since China is a communist state only concerned about its own internal interests and India while a democracy is more concerned about becoming the China-alternative to leadership in Asia.
If this bill is ratified, it would surely increase the taxes the average American family would be required to pay. A Washington Times Article on November 11th, estimated that the burden for these caps would be about five trillion dollars over 40 years with no evidence of appreciable change in global warming patterns.
Sure that is a bit of alarmist mentality. Scaring people into radical conclusions seems to be the norm these days.
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