You may have heard a lot lately about the cap and trade bill which was recently sped through the House of Representatives and is currently in the Senate. And you may have, like I had, absolutely no idea what “cap and trade” — emissions trading — is all about.
I asked Dad for a bit of clarification, and here it is, as I understand it. [2019 note: Please do not make the mistake of thinking Dad agreed with my climate change denial in this post. He explained cap and trade well; I was just too tied up in a conservative mindset to know any better.]
Cap and trade legislation is intrinsically tied to the idea that not only is mankind somehow affecting the climate of Earth but that such effects are significant and could result in Very Bad Things.
The legislation would put into place measures which would curb the presumed causes of climate change by limiting how much carbon businesses would be allowed to release into the environment. This is the “cap” part. They would be able to purchase increased allowances and presumably be able to sell unused portions of their allotment to other businesses — the “trade” part.”
The legislation will increase the cost of energy. Electricity, natural gas, and even gasoline will be affected.
Various numbers have been tossed around as to how much more per year each household will have to pay for energy costs. Various conservative sources I’ve seen have cited anywhere from $1,700 to $3,000 per year per household. One source I’ve seen stated that the average household in (I think) Ohio would be paying $300 per month more just for electricity.
Liberal sources are quoting much lower costs, though, with increases of $150 to $200 per year per household. That’s obviously a much more palatable number!
But why is there a discrepancy?
The numbers quoted by the conservatives seem to be based on energy use remaining constant; in other words and for example, a household will be $1,500 more per year if the family makes no changes in their habits and way of life.
The lower numbers quoted by liberals take into account changes in lifestyle which they hope families will embrace.
So what does cap and trade legislation boil down to?
It is the national encouragement of a changed quality of life by those who buy into bunk science upon everyone, whether they accept the science or not.
You may not think your gas-powered car is having a negative effect on the environment, but to justify newer eco-friendly cars, the government wants to jack up the price of gasoline as an “encouragement” to drive what they want you to drive.
Yes, you’re right, cap and trade is an intrusive, manipulative mess.
Good thing I make less than $250,000 per year so that none of this extra burden will apply to me… Oh, wait…