A Quote by Gene Green
Cap and trade is not an easy one for refiners, so we tried to get some moderation in the bill, and we did, but not near as much I would like.
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Eventually we'll use a CO2 tax offset by a reduction in taxes elsewhere alongside a cap-and-trade plan, but the degree of difficulty associated with a CO2 tax far exceeds that with a cap-and-trade plan. We're seeing it's hard to get a cap-and-trade plan and it's much easier to use as a basis for a global agreement than a CO2 tax.
You don't get real reform by pandering to every special interest. With cap and trade we wound up with a bill that didn't accomplish much, was enormously complicated and expensive.
When I was in Minnesota serving in the state Senate and in Washington, D.C., I did everything I could to defeat cap and trade. I didn't work to implement cap and trade.
When I was in Minnesota serving in the state Senate and in Washington, DC, I did everything I could to defeat cap and trade. I didn't work to implement cap and trade.
To some, a cap-and-trade system might sound like a neat approach where the market sorts everything out. But in fact, in some ways it is worse than a tax. With a tax, the costs are obvious. With a cap-and-trade system, the costs are hidden and shifted around. For that reason, many politicians tend to like it. But that is dangerous.
The Cap and Trade Bill HR 2454 was voted on last Friday. Proponents claim this bill will help the environment, but what it really does is put another nail in the economy’s coffin.
Moderation in all things. And even moderation in moderation. Don't get too much moderation, you know?
[Barack] Obama, for example, he has not given up on cap-and-trade. Now, he has not been able to pass cap-and-trade, but cap-and-trade is all about redistribution of wealth in a global basis - taking money out of this country and giving it to third-world countries on the other end of the ocean. And that is redistribution of wealth in a global basis. It's fundamental Marxism.
Obama came in really wanting to change things, but he hit a wall of corporate money, oil and coal money: when he tried to pass the Cap and Trade system of pharmaceutical money, when he tried to pass the Obamacare - which, of course, then got watered down into a much less effective, much less economical, program.
I'm not shy about stating my opinion on political issues, so I can state my opinion, which is, on this one, Premier Notley's right. Because cap and trade systems have not been shown to work. And if you want to price carbon, then I would listen to the CEO of Suncor, who suggests a clean, transparent carbon tax makes a bunch more sense than a cap and trade system that just creates jobs for traders. I - I kind of agree with that.
A cap and trade bill will likely increase the costs of electricity. . . . These costs will be passed on to the consumers. But the issue is, how does it actually...how do we interact in terms with the rest of the world? If other countries don't impose a cost on carbon, then we would be at a disadvantage. . . . We should look at considering duties that would offset that cost.
There's such a wide variation in tax systems around the world, it's difficult to imagine a harmonized CO2 tax that every country agrees to. That's not in the cards in the near term. But the countries that are doing the best job, like Sweden, are already doing both of these. I think that eventually we'll use both of them but we need to get started right away and the cap-and-trade is a proven and effective tool.
While I am talking about private sector job creation, the cap-and-trade energy tax, Speaker Pelosi's health-care bill and card-check legislation, Washington Democrats are defending groups like ACORN. They are on the wrong side of the issues and know their views are wrong for Arkansas, so they attack me.
So," she went on, "it got me thinking about what cost beauty. Or for that matter, what cost anything? Would you trade love for beauty? Or happiness for beauty? Could a gorgeous person with a mean streak be a worthy trade? And if you did make the trade, decide you'd take that beautiful swan and hope it wouldn't turn on you, what would you do if it did?
I feel like people expect me to give them easy answers, but there aren't really easy answers. There are only harder questions. And unless we get to the harder questions part, about what this conversation is really about...of course I want an immigration bill to pass. I want people to have a driver's license and work permits and green cards and passports. But this conversation transcends this bill. We're not going to have a perfect bill. This is politics. I feel like my job is instead of giving people easy answers, my job is to actually to ask people to probe deeper.
Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket.
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