If many of you are like me, you are casual observers (OK, I’m a frequent observer) of the the news. There seems to be some new term or program out there. Who can keep it all straight? To better inform everyone, I thought it would be useful to explain the Cap and Trade issue. Don’t know what that means? Well, I’ll try to tackle that in this post.
I found a decent definition from a “Green” looking website – Ecomii.com.
Cap-and-trade is one method that can be used to regulate the amount of pollution emitted into the atmosphere. The government sets a cap on pollution, limiting the amount that companies or other groups are allowed to release. The government then issues credits, which allow companies to each pollute a certain amount as long as the aggregate pollution equals less than the set cap. Since some companies can reduce pollution more cheaply than others, the group engages in trading these permits. Companies that can cheaply reduce pollution sell permits to companies that cannot easily afford to reduce pollution. The companies that sell the permits are rewarded while those that purchase permits must pay for their negative impact. Applied to climate change, this system would theoretically reduce carbon emissions at the lowest total cost.

Co2 Monster - Oooo, Scary!
Confused yet? As a thinking person ask yourself, “Who does this benefit?” I can tell you it is not the normal folk in this great country. This is another boondoggle that is being hoisted on the taxpayers of America to help fund government programs. How much extra cost will that add to production of a product and ultimately the cost at Wal-Mart?
It’s so nice that we work hard to institute laws and regulations to tray and tax ourselves into a clean environment. The fact is that the US is one of the cleanest countries in the world. Without getting into some nerd-like discussion about the environment, let’s consider things in terms that I can understand. We can agree that if a country is deemed to be more polluted (lax environment regulations, poor government oversight, third-world / Communist economy, etc.), THEYshould be the ones footing the bill for any supposed problems with the environment. According to the Associated Press in a story dated from 2006, the most polluted areas in the world are listed below. Funny, I don’t see the US on that list. To be fair, I looked at several sources, although many were from sources I didn’t know and didn’t want to list here, but the list was pretty much the same.
Linfen, China
Haina, Dominican Republic
Ranipet, India
Mayluu-Suu, Kyrgyzstan
La Oroya, Peru
Chernobyl, Ukraine
Kabwe, Zambia
What does this have to do with Cap and Trade? Well, I believe it’s all the same issue – Global WarmingClimate Change. We as Americans are being asked to correct a problem that is really not a problem. Cap and Trade is just another way to give up our money, to clean the environment when there is no hard evidence that there is a problem in our country – or anywhere else for that matter. Climate patterns are cyclical throughout history. The impact that man has had on these patterns is not conclusive and some evidence has surfaced that we are now in a cooling cycle (same as in 1924 & 1974). In fact, the wonderful edible Cow is responsible for 65 percent of nitrous oxide – much more powerful than Co2. (Those of you who don’t know, cows fart a lot – that’s nitrous oxide!)
Bottom line is that I really don’t think it is prudent to further burden our system on theories and suppositions. I think at this point we’re all in the mood for a little global warming (we’ll wish for global cooling in July and August).
Of course, that’s just my opinion.
Rob’s Rant
Sources: http://www.heritage.org/Research/Economy/wm1723.cfm, http://www.un.org/apps/news/story.asp?NewsID=20772&Cr=global&Cr1=environment, http://www.dailytech.com/Temperature+Monitors+Report+Widescale+Global+Cooling/article10866.htm, http://www.msnbc.msn.com/id/15320729/
Filed under: Cap and Trade, Climate Change, Global Warming | Tagged: Cap and Trade, Climate Change, Global Warming | 4 Comments »