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| -Lurid Crime Tales- |
| It begins - Obama orders regulation of CO2 as a pollutant. |
| 2009-04-17 |
| Posted by:3dc |
| #16 Just wait until Americans learn that the gas produced from brewing alcohol is CO2 and now there is more tax on not only ethanol, but their favorite drink as well. Slavery is freedom. |
| Posted by: DarthVader 2009-04-17 22:13 |
| #15 He fully understands cause and effect. Actually there's a video of his colleague Richard Epstein from U.Chicago Law floating around in which Epstein notes that Obama does not believe that governmental action has any impact on the creation or destruction of wealth in the private sector. That is, Obama believes that the private sector will perform in an identical manner regardless of the actions government might take. |
| Posted by: AzCat 2009-04-17 21:55 |
| #14 In the meantime, temperatures continue their global decline since 2003 and the Arctic ice extent is the greatest in 7 years. Morons. |
| Posted by: crosspatch 2009-04-17 21:05 |
| #13 RexHavoc, CO2 is also a major components of flatulence. So maybe Obama should put a tax on people who fart. (My wife would agree with that tax, probably.) |
| Posted by: Rambler in Virginia 2009-04-17 20:50 |
| #12 Madness, followed by martial law, I suppose. |
| Posted by: eLarson 2009-04-17 20:37 |
| #11 Down this road lies madness. |
| Posted by: OldSpook 2009-04-17 19:56 |
| #10 um I'm no chemist but isn't C02 the gas in soft drinks? you know the stuff that makes one burp. |
| Posted by: RexHavoc 2009-04-17 19:30 |
| #9 Another way to look at this is that it take 10,000 MBTUs to generate 1 MWh of electricity in a coal fired plant. Taking Powder River Basin coal as the baseline (40% of total US production). It takes $9.95 worth of coal (1.14 tons at $8.75/ton) to generate that electricity (30% efficiency). Now that much coal 10,000 MBTUs will create 1-1.1 ton of CO2. Obama as a candidate had proposed a tax of $30/ton of CO2. So that $10 coal now becomes $40 coal w/ $30 being taken off the top by the government. Electricity that wholesaled for $30/MWh now sells for $60/MWh. The 2 billion tons of coal produced each year now get a carbon tax of $60 billion. In addition, other low cost forms of electricity that compete w/ coal can now raise their prices, adding another $30 billion to consumers electric bills. Quite the little scam for no productivity gain. Instead cost is added to everything produced in the US. I would say invest in nuke power stocks and reap a $30/MWh windfall, but the Marxists who now run the federal government will surely punitively tax that and restrict nuke power production too. Could invest in firewood, but the EPA will fine you to death and seize your house too. |
| Posted by: ed 2009-04-17 19:06 |
| #8 Parabellum -- I agree. I've been thinking all along that he is intentionally crippling our country. He fully understands cause and effect. |
| Posted by: Sherry 2009-04-17 16:31 |
| #7 This is insane. The man is intentionally crippling the country. |
| Posted by: Parabellum 2009-04-17 16:24 |
| #6 Stupid is as stupid does. |
| Posted by: 49 Pan 2009-04-17 13:58 |
| #5 Get ready for your electricity rates to go sky high, for your gasoline prices to jump, for the job losses involved in shutting down industries, for a near total loss in domestic oil exploration (why bother) and for the economy to take another big whack. |
| Posted by: Steve White 2009-04-17 13:54 |
| #4 Glenmore, we are all going to need a permit to breathe. A permit to grow tomatoes will probably follow. |
| Posted by: JohnQC 2009-04-17 13:39 |
| #3 For crying-out-loud, we all emit CO2 when we exhale. Trees and plants love it. It is necessary for photosynthesis. Puts me in mind of Gulliver's Travels where scientists of the day were trying to convert horeshit into sunshine (it might have been the other way around). |
| Posted by: JohnQC 2009-04-17 13:36 |
| #2 I'm about to plant some tomatos & they emit CO2 - am I going to need to get a permit and pay an offset fee? |
| Posted by: Glenmore 2009-04-17 13:21 |
| #1 Obama is then a major polluter, he can't keep his mouth shut, FINE HIM. |
| Posted by: Redneck Jim 2009-04-17 13:10 |