Carbon Is Natural And Necessary
June 30, 2009 3 Comments
Carbon is both natural and necessary for our survival. We are carbon based life forms. Plants breathe carbon dioxide and depend on it for their survival. There is a carbon cycle necessary for life on our planet to continue.
The new cap and trade carbon tax scheme recently passed by the U.S. House of Representatives is an insidious tax plan, and a huge government power grab. The statists, primarily Democrats with a handful of Republicans, want to insert more government control over your lives.
Do you use electricity in your home? You will pay more for it. Do you use gasoline or diesel in your vehicles or farm equipment? You will pay more for it. Do you buy food and other products at a retail store? You will pay more for the lights to be on at the store, and more for the freight to get products there.
Has your home been inspected and rated by government environmental regulators? Under the new cap and trade plan, you will not be able to sell your home unless your drafty windows and doors have received a seal of approval from a political appointee.
I believe in the right to life, liberty, and the pursuit of happiness. After securing the fundamental right to exist, the next thing I want is for government to simply leave me alone. I don’t want your inspectors telling me what I need to do in order to sell my home. Let me work out a deal with a prospective buyer. If there are any deficiencies, I am sure the buyer will ask for a discounted price. That is how negotiations are done, deals are made, and contracts written. Between the buyer and the seller. It does not require a political appointee to insert himself in the middle.
The proposed cap and trade system of government carbon credits will benefit the politcally well connected. Wall Street will make money on transaction fees from the “trading”. Companies that are given credits (in a political process, not a market process) will do well. Those that can buy enough credits to continue doing business may survive. The rest will cease to exist. Despite this, the politicians that passed this are saying it will actually create jobs!
The author, Thomas Woods, recently said that cap and trade will create jobs in the same sense that burning down every other house in the neighborhood will: claiming that the reconstruction will spur growth in the economy while ignoring the cost.
Hopefully the Senate will kill this bad bill. Cap and trade has not produced the promised results when it was implemented in Spain, and it won’t here either.
Watch the new Heritage Foundation video about Cap and Trade: