Senate Energy Bill

Once again, in the wording, it seems that the middle class will be suffering to make the world a better place for the rich and the poor, yet again.

I would much rather see subsidization or tax incentives for establishment of renewable energy sources than cap ‘n’ trade. Either way, it would be through taxing the middle class, however, lessening the tax burden of these companies would be a better approach, since it wouldn’t affect the end user’s cost as well (double taxation, anyone?) And who gets the money paid out under-the-cap?

Do we get a tax break? Don’t think so.

I remember reading about the proposition of Cap & Trade (or cap and regulate, or whatever it has been called in year’s past) in Al Gore’s pile o’ propaganda called “An Inconvenient Truth.” Of course he also suggested carbon credits as a viable option, and we all know about that racket.

Bottom line: This is a special interest scam…you will pay more for energy, brokers for carbon offsets will make a metric ass-tonne of money, and the environment will not get better (in fact, it will most assuredly worsen .) Energy companies will not bear any of the cost of enforcing this law…they will pass it down to the consumer. It is a distraction to legitimate environmental legislation, and should not be passed!