The Costs of Cap and Trade $1761 per year per household


	The Costs of Cap and Trade $1761 per year per household

amgumen

9-16-2009 11:07 PM

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9-17-2009 10:33 AM

The Infowarrior

Those are rather conservative estimates.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/16bc47ef-7c8b-4615-9cc0-cfb2464a78a5/DF5E8925-1DE6-4B5D-9443-C9475A2F9243/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://wattsupwiththat.com/2009/09/16/u-s-treasury-the-costs-of-cap-and-trade-1761-per-year-per-household/" href="http://wattsupwiththat.com/2009/09/16/u-s-treasury-the-costs-of-cap-and-trade-1761-per-year-per-household/" style="font-size: 11px;">wattsupwiththat.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://wattsupwiththat.com/2009/09/16/u-s-treasury-the-costs-of-cap-and-trade-1761-per-year-per-household/"><P>The U.S. Treasury Department admits that a “cap and trade” system for regulating greenhouse gas emissions could <A href="http://www.cbsnews.com/blogs/2009/09/15/taking_liberties/entry5314040.shtml" tooltip="linkalert-tip">cost every household $1,761 a year</A>. According to the <A target="_blank" href="http://www.cbsnews.com/blogs/2009/09/15/taking_liberties/entry5314040.shtml">CBS News story</A>, “the equivalent of hiking personal income taxes by about 15 percent”.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://wattsupwiththat.com/2009/09/16/u-s-treasury-the-costs-of-cap-and-trade-1761-per-year-per-household/"><P>This comes in <EM>way</EM> over claims that the EIA says:</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://wattsupwiththat.com/2009/09/16/u-s-treasury-the-costs-of-cap-and-trade-1761-per-year-per-household/"><P><STRONG><A href="http://www.treehugger.com/files/2009/08/climate-bill-will-cost-you-23-cents-a-day.php" tooltip="linkalert-tip">The Climate Bill Will Cost You Just 23¢ a Day, EIA Analysis Shows</A></STRONG>. This works out to $83.95 per year. Big difference.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://wattsupwiththat.com/2009/09/16/u-s-treasury-the-costs-of-cap-and-trade-1761-per-year-per-household/"><P>CEI Director of Energy and Global Warming Policy <A href="http://cei.org/people/myron-ebell">Myron Ebell</A> on the accumulating evidence on <A href="http://townhall.com/columnists/MyronEbell/2009/06/29/waxman-markey_is_hilarious,_but_the_joke_is_on_us" tooltip="linkalert-tip">the costs of cap and trade</A>:<SPAN id="more-10887"></SPAN></P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://wattsupwiththat.com/2009/09/16/u-s-treasury-the-costs-of-cap-and-trade-1761-per-year-per-household/"><P>“The bill’s proponents talk about protecting consumers while intermittently acknowledging that cap-and-trade can only reduce greenhouse gas emissions by dramatically raising the price of energy derived from coal, oil and natural gas.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/DF5E8925-1DE6-4B5D-9443-C9475A2F9243/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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