The way I read it, as a law, this bill will raise electric rates 90% and 55% for fuel. If my calculations are correct this will really put our economy in shambles and wipe any real chance of a recovery. My main concern outside of these big companies passing the tax on to us consumers is that the bill is based on past phenomenon. Truth is that the Earth has not warmed in over ten years. Not to mention I don’t know why carbon is so special seeing that the same companies pump a lot more poison in the air including the likes of arsenic and mercury. Add to that the fact that deforestation does twice as much to presupposed climate change than carbon based greenhouse gases.
And folk wonder why I am so hard on poly-tricksters, namely because they don’t keep up with the science and likely failed each and every science class they took for the sake of mastering public relations. Other wise the objective of the bill would be some type of tangible change instead of because truth is that the temperature will only increase .18 degrees over the next twenty years.
Most climatic fluxation are do to reoccurring astrological events like the rotation of the earth on its axis around the geographic or true North Pole, as well as its rotation around the sun in its same ecliptic hemisphere. No Bill or Law passed by congress will ever alter such.
This American Clean Energy and Security Act of 2009 although marketed as a way to create clean energy jobs, achieve energy independence, and reduce global warming will do none of the aforementioned. Especially the first and the latter. The only jobs produced will be a bunch of desk jobs for bureaucrats which are just more government pen pushers as well as a waste of loot. Seems that the current leadership all across