The proposed Cap and Trade legislation is costing jobs in the United States even before it gets approved. Yes, just the potential of it being enacted! Why, because projects slated to start over a year ago to a few weeks ago have been postponed and shelved due to the proposed Cap and Trade on carbon dioxide.
The Environmental Protection Agency (EPA) is running amok trying to label carbon dioxide a pollutant. They are attempting to enact legislation to cap the limits that can be emitted for this allegedly dangerous greenhouse gas. Today, prior to enacting this legislation, companies are dealing with the uncertainties of Cap and Trade on carbon dioxide. Projects, not just in the power and industrial sectors, have been cancelled or postponed. Employees are being laid off or being asked to take early retirement. Companies are preparing for more expenses that cannot be reduced and will only increase under the proposed Cap and Trade.
These companies ranging, from power producers to distilleries to little mom and pop operations, are going to be on the receiving end of large penalties. These penalties will be for exceeding arbitrary determined limits of a gas that is necessary to all plant life on earth. You can expect your utility costs to increase, not just by five or ten percent, think in the order of two to three times more than your current bills!
The cost of manufactured goods will increase substantially due to the manufacturers using the utilities that will double or triple in cost. Manufacturers will also be creating their own “dangerous emissions” of carbon dioxide. Every stage in the delivery of goods and services will have to pass on the increased costs of goods, services even if it is only the increased utilities.
When will the EPA start to penalize you for every breath you exhale? After all you are spewing carbon dioxide into the air.
Oh, By the Way…Plants turn carbon dioxide into oxygen. Animals turn oxygen into carbon dioxide. This has been going on for millennia. What happens when we eliminate plants due to a lack of carbon dioxide?
