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Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket

 
mathetes
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User ID: 514914
United States
03/04/2009 09:40 AM

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Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket
Nice!

700-1400 dollars a year to the ave. family


For I would not, brethren, that ye should be ignorant of this mystery, lest ye should be wise in your own conceits; that blindness in part is happened to Israel, until the fulness of the Gentiles be come in.
Anonymous Coward
User ID: 437823
United States
03/04/2009 09:44 AM
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Re: Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket
Ok guys I just finished printing Impeach Obama Stickers and the clerk thought I was nuts. He asked why and I informed him of all the things Obama is currently doing. He in no way believed me.

America is done if idiots like that continue to keep their heads in the sand! Time to get off the grid and be my own person.
Baltic Bastard
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Canada
03/04/2009 09:48 AM
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Re: Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket
That's good news for your Canadian electric providers.
Mr.Caine..
User ID: 465817
United States
03/04/2009 09:50 AM
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Re: Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket
SCREW-EM

It already costs me $50..

A month for 90 KWH's of..

Power..

I plan on being off grid by Spring..


..
Anonymous Coward
User ID: 212087
United States
03/04/2009 10:07 AM
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Re: Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket
gas taxes will go up too! energy taxes, then they won't stop there ya know if your over weight they will make you pay for the extra weight, FAT tax, then they will have gps' in our car knowing every where you drive mileage tax.
Then they fairy shrimp will prevail over farmers in the breadbasket California so food will be taxed because there will a price hikes and shortages..

Voters put this country in the hands of incompetent leaders, who appointed incompetent people to help run the country we reep what we sew. Sorry but when your jobless, homeless, and the big bbq on the 4th of July is a thing of the past, you can thank people who were under the Obama spell for this coming disaster.
Anonymous Coward
User ID: 616890
United States
03/04/2009 10:09 AM
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Re: Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket
Then green power will become profitable then 100 yrs everyone will appreciate the moves made today!
Anonymous Coward
User ID: 627832
United States
03/04/2009 10:11 AM
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Re: Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket
Well this is good, right?

It's going to stimulate the economy, right?

It'll CHANGE the way we live, right?

FOUR MORE YEARS!

:change:
Mr.Caine..
User ID: 465817
United States
03/04/2009 10:13 AM
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Re: Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket
Well this is good, right?

It's going to stimulate the economy, right?

It'll CHANGE the way we live, right?

FOUR MORE YEARS!

:change:
 Quoting: Anonymous Coward 627832



Just another way too..

Make the Tax Cow..

Run Faster and Jump Higher..


..
mathetes (OP)

User ID: 514914
United States
03/04/2009 10:16 AM

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Re: Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket
Then green power will become profitable then 100 yrs everyone will appreciate the moves made today!
 Quoting: Anonymous Coward 616890

lol meanwhile they completely trash the economy and throw untold numbers out of work....yeah we'll have a society like the Amish,BUT it will be green
For I would not, brethren, that ye should be ignorant of this mystery, lest ye should be wise in your own conceits; that blindness in part is happened to Israel, until the fulness of the Gentiles be come in.
Anonymous Coward
User ID: 554503
United States
03/04/2009 10:18 AM
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Re: Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket
Well I know where my extra $8 a pay is going now...damn, and I was going buy beer!
Anonymous Coward
User ID: 616890
United States
03/04/2009 10:23 AM
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Re: Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket
Well this is good, right? Yes

It's going to stimulate the economy, right? Yes just not as much as in the future!

It'll CHANGE the way we live, right? Yes very much so!

 Quoting: Anonymous Coward 627832
Anonymous Coward
User ID: 611750
Netherlands
03/04/2009 10:27 AM
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Re: Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket
gas taxes will go up too! energy taxes, then they won't stop there ya know if your over weight they will make you pay for the extra weight, FAT tax, then they will have gps' in our car knowing every where you drive mileage tax.
Then they fairy shrimp will prevail over farmers in the breadbasket California so food will be taxed because there will a price hikes and shortages..

Voters put this country in the hands of incompetent leaders, who appointed incompetent people to help run the country we reep what we sew. Sorry but when your jobless, homeless, and the big bbq on the 4th of July is a thing of the past, you can thank people who were under the Obama spell for this coming disaster.
 Quoting: Anonymous Coward 212087


That's what you get when you vote a cocksucker into office lowering taxes while it is going good for the high income bracket (and racking up records in deficits each year).

Then afterwards the taxes need to be raised to plunge the hole in the defecits just sucks even more that the previous administration is in a large part to blame for the current crisis.
Anonymous Coward
User ID: 482600
United States
03/04/2009 10:28 AM
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Re: Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket
The biggest victims of these sky-high electric and heating costs are the low-income suckers who voted for Obama!
mathetes (OP)

User ID: 514914
United States
03/04/2009 10:30 AM

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Re: Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket
The biggest victims of these sky-high electric and heating costs are the low-income suckers who voted for Obama!
 Quoting: Anonymous Coward 482600

Very true..they want to add a 10 cent gasoline tax also

You know gotta stop that global warming
For I would not, brethren, that ye should be ignorant of this mystery, lest ye should be wise in your own conceits; that blindness in part is happened to Israel, until the fulness of the Gentiles be come in.
Anonymous Coward
User ID: 616890
United States
03/04/2009 10:31 AM
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Re: Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket
Then green power will become profitable then 100 yrs everyone will appreciate the moves made today!

lol meanwhile they completely trash the economy and throw untold numbers out of work....yeah we'll have a society like the Amish,BUT it will be green
 Quoting: mathetes

No it won't! It will create new jobs both in Manufacturing and the Installers here in the US...

Renewable should be the term used not Green

Oil and Coal will only last so long and are like caveman technology this is the 21st Century not the 19th Century!


Another bonus is a little guy can produce this so it not locked into these big energy companies!!!
Anonymous Coward
User ID: 627832
United States
03/04/2009 10:32 AM
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Re: Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket
Well I know where my extra $8 a pay is going now...damn, and I was going buy beer!
 Quoting: Anonymous Coward 554503


I read he's going to raise the tax on that, too.

No beer for you.
anonanon

User ID: 254206
United States
03/04/2009 10:43 AM
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Re: Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket
So much for helping the middle and lower classes in the USA. I do wish Obama and his team would be more thoughtful and more careful about the plans they are just rushing through because the Democrats in Congress and the Senate will pass anything he wants them to no matter what the consequences are to the rest of us.

The Cap & Trade green credit thing is nothing more than selling "indulgences" to get out of Purgatory. It is selling the right to pollute and all the costs of it will be passed on to the consumers. It is a scam and the green credits are just a big money maker for the government that all of us will pay.

Fine if they want to cap and regulate emissions. I am all for clean air. But they do not have to put even more strain on everyone's budget to do it.

There are clean ways of generating electricity and clean ways of processing coal for energy use. Require that they be used. Use wind, solar, clean coal,methane, water, & whatever.

We are already paying higher food prices because corn, a food crop, is being used for ethanol when they could be using other things.
Anonymous Coward
User ID: 611750
Netherlands
03/04/2009 10:52 AM
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Re: Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket
There are clean ways of generating electricity and clean ways of processing coal for energy use.
 Quoting: anonanon


No there are not.

Unless you consider demo'ing away whole hills to be "clean".
DaJavoo

User ID: 627787
United States
03/04/2009 10:53 AM
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Re: Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket
[link to www.worldcoal.org]

Coal Reserves

Coal is abundant and widespread. Coal is present in almost every country in the world with commercial mining taking place in over 50. At current production levels coal will be available for at least the next 155 years (compared to 41 years for oil and 65 years for gas).

Indigenous coal resources enable economic development and can be transformed to guard against import dependence and price shocks.

Coal Market
Coal is readily available from a wide variety of sources in a well-supplied worldwide market. Coal is available without raising geopolitical issues.

Coal Prices
Coal prices have historically been lower and more stable than oil and gas prices, and despite the growth of index and derivative based sales in recent years, this has typically remained the case. More at link...

Alternative LARGE energy sources are still in infancy ~ it will take time to get them large-scale.

In the mean time, CLEAN COAL TECHNOLOGY exists and functions very well. Let's face it ~ there's nothing much else you can DO with coal, except burn it. Burning it in a controlled situation, e.g., firing large power plants is the sanest option ~ it damn sure beats a gazillion home heating systems burning coal, as was the case not too long ago.

These INCREASED TAXES and PENALTIES that hit the energy producers (and all producers of things we need and want) are coming at exactly the WRONG time ~ for as even Obama pointed out ~ those costs will be passed along to the consumers.


DJomorph
:DJrebelli:
Obama=Stooge
User ID: 627360
United States
03/04/2009 10:56 AM
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Re: Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket
We need not worry...the extra $13 "tax cut" per pay period we'll be getting from the stimulus plan should cover it, right?
Anonymous Coward
User ID: 616890
United States
03/04/2009 11:02 AM
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Re: Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket
Nuclear Solar Wind will power the near future! Till they replaced by things like high-yield fusion reactors!

Only thing holding back real technologies in Energy production is the side effect of the ability to create serious weapons from these technologies.

Z Machine

a machine to provide humanity unlimited electrical energy from cheap, abundant seawater can’t fire once and quit for the day. It must deliver energy to fuse pellets of hydrogen every 10 seconds and keep up that pace for millions of shots between maintenance — a kind of an internal combustion engine for nuclear fusion. That’s so, at least, for the fusion method at Sandia’s Z machine and elsewhere known as inertial confinement.

But, unable to produce fusion except episodically, the method has been overshadowed by the technique called magnetic confinement — a method that uses a magnetic field to confine a continuous fusion reaction from which to draw power.

Now an electrical circuit emerging from the technological hills may change the balance between these systems. Tagged as “revolutionary” by ordinarily conservative researchers, it may close the gap between the two methods.

The circuit is easily able to fire every 10.2 seconds in brief, powerful bursts.

Arranged modularly, a collection of these circuits could deliver enough power to cause high-yield fusion releases — that is, more power emitted than inserted — from hydrogen pellet targets every few seconds, a basic requirement for a nuclear fusion-fueled electrical generating plant.

The system, called a linear transformer driver (LTD), was created by researchers at the Institute of High Current Electronics in Tomsk, Russia, in collaboration with colleagues at Sandia.

“This is the most significant advance in primary power generation since the invention of the Marx generator, my staff and I believe,” says Keith Matzen, director of Pulsed Power Center 1600. Marx generators are giant capacitors used to store and discharge Z’s 20 million amps of electrical current. They were invented in 1924.

[link to www.sandia.gov]
anonymous
User ID: 627830
United States
03/04/2009 11:15 AM
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Re: Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket
we are practicing heating only one room .. and soap up first the turn on shower head for quick rinse ..we do not let the shower run any more ..we eat cold veggies from cans and heat our meat course ...utility bill dropped 75 percent ..use nite light light in bathroom .and bedrooms .lots of blankets in cold bedrooms..we stayed healthier this winter .
Anonymous Coward
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United States
03/04/2009 11:15 AM
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Re: Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket
Another bonus is a little guy can produce this so it not locked into these big energy companies!!!
 Quoting: Anonymous Coward 616890


Technically you are correct. However there are a few problems with the current system.

First, it is cost prohibative for the average person to install solar at their home. Cost of Pannels, Converter, Installation, permit (if you can get one) all add up to a 30+ year payback.

Second, not all utilities allow you to istall your own generation.

Third, most homeowner associations do not allow pannels.

Until there is a federal mandate that trumps the utilities and the HOA's, this will not work for the average person.

And the costs must come way down ...
Anonymous Coward
User ID: 616890
United States
03/04/2009 11:27 AM
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Re: Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket
Another bonus is a little guy can produce this so it not locked into these big energy companies!!!


Technically you are correct. However there are a few problems with the current system.

First, it is cost prohibative for the average person to install solar at their home. Cost of Pannels, Converter, Installation, permit (if you can get one) all add up to a 30+ year payback.

Second, not all utilities allow you to istall your own generation.

Third, most homeowner associations do not allow pannels.

Until there is a federal mandate that trumps the utilities and the HOA's, this will not work for the average person.

And the costs must come way down ...
 Quoting: Anonymous Coward 526297

I was not totally speaking of homeowners so much as Small Businesses.

This is also the exact reason for this caps is to spur growth and profitable or renewable energy buy dumping the money into these technologies to speed them up!
Anonymous Coward
User ID: 585054
United States
03/04/2009 03:30 PM
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Re: Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket
Another bonus is a little guy can produce this so it not locked into these big energy companies!!!
 Quoting: Anonymous Coward 616890

Ya think? Of course the little guy can produce this stuff after paying a couple thousand in annual licensing and inspection fees, surcharges, etc.

All forms of energy production cost something to build, operate and maintain, all of them. There is absolutely no such thing as free energy.
Anonymous Coward
User ID: 585054
United States
03/04/2009 03:32 PM
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Re: Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket
The Cap & Trade green credit thing is nothing more than selling "indulgences" to get out of Purgatory. It is selling the right to pollute and all the costs of it will be passed on to the consumers. It is a scam and the green credits are just a big money maker for the government that all of us will pay.

 Quoting: anonanon

Very well put.

The entire carbon tax, global warming thingy is the biggest scam to hit planet earth and its peoples in history.

Really do the research on just where ultimately the Carbon Tax ends up... I suggest looking a bit at the UN's UNESCO...
Anonymous Coward
User ID: 3638
United States
06/02/2009 03:01 PM
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Re: Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket
gas taxes will go up too! energy taxes, then they won't stop there ya know if your over weight they will make you pay for the extra weight, FAT tax, then they will have gps' in our car knowing every where you drive mileage tax.
Then they fairy shrimp will prevail over farmers in the breadbasket California so food will be taxed because there will a price hikes and shortages..

Voters put this country in the hands of incompetent leaders, who appointed incompetent people to help run the country we reep what we sew. Sorry but when your jobless, homeless, and the big bbq on the 4th of July is a thing of the past, you can thank people who were under the Obama spell for this coming disaster.


That's what you get when you vote a cocksucker into office lowering taxes while it is going good for the high income bracket (and racking up records in deficits each year).

Then afterwards the taxes need to be raised to plunge the hole in the defecits just sucks even more that the previous administration is in a large part to blame for the current crisis.
 Quoting: Anonymous Coward 611750



your a fucking idiot. economies are grown by private investment in the hands of risk takers, not a centrally planned socialist gov. Have you not seen the fruits of socialism/communism? see soviet union, North korea, ect ect
Anonymous Coward
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06/02/2009 03:05 PM
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Re: Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket
Ok guys I just finished printing Impeach Obama Stickers and the clerk thought I was nuts. He asked why and I informed him of all the things Obama is currently doing. He in no way believed me.

America is done if idiots like that continue to keep their heads in the sand! Time to get off the grid and be my own person.
 Quoting: Anonymous Coward 437823

bump
Anonymous Coward
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United States
06/02/2009 03:06 PM
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Re: Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket
Fuck this Rothschild shit.
Fuck this lie.
C02 isn't causing anything.
They just want to make money from peoples breathing gas.
And at the same time take peoples minds off real pollution.
Im sick of these assholes.
Its every human beings right to light a fire to keep warm.
This is more theft of tax dollars, they will be giving company's that don't even cause carbon emissions money from tax dollars in carbon credits to sell for profits.
This must be stopped.This is a crime against humanity bigger than has ever been achieved.
Anonymous Coward
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06/02/2009 03:10 PM
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Re: Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket
Ok guys I just finished printing Impeach Obama Stickers....
 Quoting: Anonymous Coward 437823


GLP shopping cart?
Anonymous Coward
User ID: 630140
United States
06/02/2009 03:18 PM
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Re: Obama Admits Cap & Trade Will Cause Electricity Rates to Skyrocket
Nice!

700-1400 dollars a year to the ave. family


 Quoting: mathetes


What a lie! "Thats one reason why we lowered taxes through Work For Pay".

They didn't say that back in the day. Now they are running to find loopholes in their commitments.

News