Category Archives: Cap & Trade

Shocking! Cap & Trade Eviscerated by Climate Religion Guru James Hansen!

Say what you want about Dr. James Hansen of NASA’s Goddard Institute for Space Studies, but even the proverbial stopped watch is right twice a day. Looks like Dr. Hansen finally has one correct idea, at least as far as the usefulness of cap and trade is concerned. We wonder if this is the result of shock therapy.

Speaking at San Francisco’s Commonwealth Club he had the following to say:

The system, in which companies buy and sell permits to produce greenhouse gases, is a “half-baked” and “half-assed” way to deal with global warming, Hansen said.

His comments Tuesday were typically blunt. Cap and trade, he said, does little to cut emissions. But it does enrich the trading desks of banks, who have a new market to explore.

“Why do you want big banks in this problem?” Hansen asked. “Why should they be making money? Every cent they make is coming out of the public’s hide. And they add absolutely nothing. What you want is a system which is very simple and makes things cleaner.”

No, he didn’t do a 180 degree flip on global warming, but at least he gets the idea that the cap and trade system is a ripoff and basically doesn’t do much except ripoff the general public and make bankers fat,  AKA: Bend forward in the name of Gaia. At least him making these statements is one step in the right direction.

It also appears he neglected to mention that no matter how it’s administered, cap and trade is a glorified tax that greedy states like California will grab under the pretense of saving us all from global warming and then misuse it on other “half-assed” schemes.

The best part of this is he said it all in front of California Governor Jerry Brown who’s no doubt salivating at getting California’s hooks into that money. Jerry just loves cap and trade. What greedy government official wouldn’t?

Source: SF Gate

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Filed under AB32 California, California, California Air Resources Board, Cap & Trade, CARB, Carbon Taxes, Carbon Trading, Climate Alarmism, Climate Change, Climate Disruption, CO2, Co2 Insanity, Dr. James Hansen, Financial, Global Warming, Government, NOAA

A big car for a big star: Arnold Schwarzenegger suffers a delayed mid-life crisis as he buys a $250k monster truck!

This should be titled “A big car for a big hypocrite.” Why? Because Arnold Schwarzenegger’s hypocrisy evidently knows no bounds.

When he was the Governator (evidently he must have thought this was an acting job), he stuck the citizens of California with what is known as Assembly Bill 32: the Global Warming Solutions Act. A nefarious plan to suck money out of the bank accounts of California citizens and businesses via a cap and trade program. You can click the link above and read for yourself.

The end result will be that if you buy anything in California the price will be going up as when the price of gas and diesel rises, so does everything else as it’s all delivered by truck. You can bet CARB will be costing the refineries and trucking companies a lot of  money buying carbon credits and making them file a 50 page report, in triplicate, every time someone farts  at work.

Let’s not forget this isn’t going to be good for the job market in California either. If price of goods and doing business goes up businesses will have less of those dollars to spend on hiring and expansion. This, in our humble opinion , could also drive even more business out-of-state and cause more bankruptcies.

Meanwhile, after screwing everyone in the state, what does the Hypocriteanator do? Oh, he buys a huge Mercedes Unimog! A gas hog par excellence, that should probably have its very own cap and trade program set up. A little research shows that on Unimog forums most claim to get about 15-16 miles per gallon. Certainly not in Prius territory. Not to mention they’re diesels, emitting soot, another no-no for the do-gooder greentard crowd. Let’s not forget Arnold likes to fly private jets all the time, too. Spewing out  more of that carbon he’s so ‘worried’ about.

As such, we are awarding Arnold the one-fingered CO2 Insanity salute for Hypocrite of the Month.

Arnold takes his new wheels for a spin

Source: The Daily Mail

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Filed under AB32 California, California, California Air Resources Board, Cap & Trade, CARB, Carbon Taxes, Carbon Trading, Climate Change, Co2 Insanity, Global Warming, Government, Prop 23

IPCC Admits Its Past Reports Were Junk

It appears us deniers or skeptics were right. People like the Goracle, Pachauri, Hansen and others of the warmer persuasion have been passing off BS as scientific fact. It appears the gullible, all over the globe have been falling for it, too! We won’t hold our breath waiting for anyone to snap back into reality. We’re sure the BS will continue and the idiots at the EPA will continue to use Global Warming as a tool to get their way, regardless if it’s based upon reality or not. California, no doubt will continue to implement the AB32 law that creates a carbon trading fiasco. After all, it’s really about the money, not pollution. Read all the sordid details at the source below.

Source: American Thinker

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Solar Panel Propaganda

Solar panels, touted by many to be a renewable energy panacea that will rid the planet of all those nasty coal-fired power plants, may be a bigger boondoggle than we already thought. We’ve already complained that they do not appear in many instances to provide a return in investment.

It now appears that the time they provide energy before replacement is required is dramatically less than claimed. Thus shortening not only the life of the panels and the electricity generated, but also reducing the return on investment.

If you listen to the mostly-Chinese manufacturers, solar panels work great. They can be expected to degrade about 0.5% a year. So that is how we build the economic models to finance, insure and subsidize the larger solar systems.

In the real world, we are just starting to find out how bogus many of those predictions are. The National Renewable Energy Laboratory says that panels can degrade as much as 4.5% a year. Or more. Put that in your pro forma and see what your banker and insurance agent — or Congressman — say about that.

While we see claims that average solar panels will last 25 to 30 years, the aforementioned claim of 0.5% per year means that solar panels should last an astounding 200 years (100% ÷ 0.5%). At the realistic rate of 4.5% per year they will only last about 22 years before replacement is needed (100% ÷ 4.5%), which is not even the 25 to 30 currently claimed by many and not even remotely close to 200 years.

It gets worse folks. They don’t only degrade, it appears they also can literally fall apart and it doesn’t take very long.

In Italy last year, “they discovered that after one year in the field, over 90% of the (solar panels) from a one megawatt project began to delaminate and ended up on the ground.”

That is a lot of wasted money. 90% down the tubes after being used for only one year. No return on investment and very little ‘free’ electricity generated. All that is left is an eyesore that is a pile of toxic waste, wasted tax dollars and perhaps a tax deduction for a business loss.

We are adverse to the lies about what renewable energy costs and what it’s capabilities are. We’re also adverse to the physical and financial messes left when solar and wind-power are abandoned. We’re extremely adverse to the rush to install solar and wind-power without having full knowledge about the effects. Look at the carnage left in the previous two links to see what we’re talking about.

California seems to be leading the rush off the proverbial cliff via the implementation of AB32, California’s cap & trade law, that mandates power providers to generate 33% of their power from renewable (green) sources by a not too distant 2020.

With many large solar projects planned in California, it would seem to be a logical move to slow down and find out what our money is being spent on and what the return on investment will be as opposed to rushing in head first, only to find another government mandated, costly boondoggle. To know what happens to government mandated boondoggles one only has to look at the Solyndra and Evergreen Solar fiascos.

You can safely bet that when these solar energy plants fall apart at the seams, the taxpayers and energy consumers of California and other states will get stuck paying for the bill. It’s probably also a safe bet that the messes left at abandoned solar and wind farms will be there for decades as a reminder of what happens when the government gets involved in what should be private enterprise.

Source: AOL Energy

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Filed under AB32 California, California Air Resources Board, California Green Jobs, Cap & Trade, CARB, Climate Alarmism, Climate Change, Climate Disruption, Climate Modeling, Climategate, CO2, Co2 Insanity, Editor, Energy, Global Warming, Government, Green Energy, Green Tech, Politics, pollution, Renewable Energy, Solar, Solargate, Solyndra, Wind Power

Australian Carbon Tax

The above video is from Koozzoo News and rips apart the Australian carbon tax being pushed by Prime Minister Julia Gillard and global warming in general.

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Filed under Cap & Trade, Carbon Taxes, Carbon Trading, Climate Alarmism, Climate Change, Climate Disruption, CO2, Co2 Insanity, Financial, Global Warming, Government, IPCC, Politics, United Nations

SCOTUS Tells Warmists to MYOB

The Supreme Court of the United States told the warmers today that they cannot sue power plants using Federal nuisance laws……..

States can’t invoke federal law to force utilities to cut greenhouse-gas emissions

The unanimous ruling is a victory for five companies — American Electric Power Co., Duke Energy Corp., Southern Co. and the government-owned Tennessee Valley Authority, based in Knoxville — that had been sued by six U.S. states, including California, and the city of New York.

Being a “unanimous ruling” tells me that even SCOTUS thinks this was a feeble attempt by the warmers to try to cap the emissions from power plants in the above states.

The Obama administration was against it, too. But, for the reason that it might usurp the so-called authority of the EPA to regulate CO2 and other greenhouse gases.

Now it’s time to go after the EPA’s attack on CO2 before the price of electricity skyrockets, which is something we don’t need to exacerbate the economic problems the United States is facing.

Source: SF GATE

 

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Filed under California, Cap & Trade, Climate Alarmism, Climate Change, Climate Disruption, CO2, Co2 Insanity

More ‘Green’ jobs California Won’t See

Calisolar Headquarters Sunnyvale, CA

Well, current Governor “Moonbean” and ex-governor “Governator,” here are some more “green” jobs California won’t see. Contrary to the belief’s of your Church of Global Warming, businesses are not jumping for joy about creating “green” jobs in California, but they do seem to be jumping for joy to create them anyplace and everyplace else.

In case you are both still unaware, there just aren’t a whole lot of people who are very excited about doing business in California anymore. Why should they when they can go elsewhere and have lower taxes, fewer regulations, less traffic, lower cost employees and cheaper land to build factories upon?

Today’s bad news for California is that Calisolar, headquartered in Sunnyvale, California, just got a $275 million loan guarantee from the Department of Energy to build a new factory to make silicon for solar panels. Is this money going to be spent in California? Will this money create those “green” jobs you two and other greentards keep touting? Ummm…..no….it’s going to be built in Ohio. Gee, I wonder why? Couldn’t be things like taxes, over-regulation and high operating costs could it?

So, what’s Ohio’s gain and our loss? According to Brighter Energy……..

Calisolar estimates that the facility will generate, at its peak, nearly 1,100 permanent jobs and up to 1,000 construction jobs.

That is approximately 2,100 people in California who are losing out due to the draconian conditions created by our Taxocrats in Sacramento. Will they ever wake up and smell the coffee? Do they ever think of the unemployed who may work, the taxes that could be paid, the reduction in unemployment checks paid out and the healthcare plans that people could again have. Yes, our current crop of elected Taxocrats continue their failure to grasp the simple concept that businesses don’t want to be in the bad business environment they have created and that no business equals no tax revenue.

Think that’s bad? Well, there’s more in today’s news about California and specifically the San Francisco Bay Area, that does not bode well for the employment environment.

Not only will we not be seeing the estimated 2,100 jobs that could be had if Calisolar put this manufacturing plant here, but per the June 18, 2011 Contra Costa County Times, we have even more bad news on jobs here……..

The Bay Area lost 2,000 jobs during May, the East Bay shed 1,700 jobs and the South Bay lost 1,400 jobs, the Employment Development Department reported. California lost 29,200 payroll jobs last month. The numbers were adjusted for seasonal changes.

Now I don’t know who’s adjusting what (perhaps GISS created this report?), but 1,700 + 1,400 = 3,100, not 2000. The above also doesn’t seem to report the West or North Bay either. Perhaps they didn’t lose any jobs, which I find hard to believe. Regardless, that’s a significant number of lost jobs, as is the California grand total of 29,200.

Take the 2,100 people Calisolar won’t be hiring here plus the 3,100 lost jobs in May and that is 5,200 killed jobs in the San Francisco Bay Area alone.

All I can say is way to go guys and gals in Sacramento. Put more people out of work, increase the strain on the state budget and decrease the amount of tax revenue. How long before California goes broke? If they keep this up, not long. I  guess they think they’re on a roll or something. Trouble is Sacramento is rolling  in reverse. It will all accelerate when AB32 kicks in. I’d predict that California will soon repeat the 1930’s, only this time people will be fleeing en masse for Oklahoma.

Sources: Bright Energy and Contra Costa Times

 

 

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Filed under AB32 California, California, California Air Resources Board, Cap & Trade, CARB, Climate Alarmism, Climate Change, Climate Disruption, CO2, Co2 Insanity, Financial, Global Warming, Government, Green Energy, Green Tech, Renewable Energy, Solar

Gore denounces global warming!

Today Al Gore denounced global warming. In an apology speech he said……….

Global warming is a fraud and I am ashamed of being conned into believing it!

I have immediately cancelled my order for the new Fisker’s Karma electric car and I have ordered a new Hummer to replace it. The Hummer will have a twin-turbocharged 454 Chevy engine in is that bored out to 515 cubic inches, makes 950 HP and gets 1.2 miles per gallon.

Since being green is no longer a problem with global warming and the drought in California is over I have ordered high-flush toilets for the 9 bathrooms in my new Mansion in Montecito, California. I have also added 3 more heaters and 3 more air conditioning units, the latter of which will be great for cooling me off when I have a hot masseuse over.

Tomorrow I will start writing my new book about global cooling titled “An inconvenient deep freeze,” which will suggest that we start burning more stuff to create more CO2 so we can start warming this planet up before we all freeze to death!

I am also suggesting to President Obama that we immediately start to drill baby drill all over the place. ANWAR? No problem! Deep drilling in the Gulf of Mexico! Go for it! Hell, I’m even going to make sure that off-shore drilling around Santa Barbara is approved again! I can’t wait for the view of all those drilling platforms!

And………if you believe this….. I have a nice bridge that is golden in color that goes from San Francisco, California to Marin County, California and will be accepting bids starting at the minimum bid price of $100 billion.

Have a happy April Fool’s Day!

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Filed under California, Cap & Trade, Carbon Capture, Carbon Trading, Climate Change, Climate Disruption, Climategate, Co2 Insanity, Global Warming, Politics, Renewable Energy, Wind Power

Thousands Rally in Australia to Demonstrate Against Carbon Tax

By: John O’Sullivan

A concerted Australian grassroots campaign holds rallies in six major cities to protest the imposition of climate change taxes and demand new election.

Thousands of protestors are challenging Prime Minister, Julia Gillard’s, “undemocratic” climate policies demanding either an immediate election or that her government drops all such proposals. They say imposing the taxes would be a betrayal of democratic principles because Gillard was elected with no mandate to raise any such taxes.

Speaking at the event will be leading MPs and scientists opposed to climate taxes. In response one Government Minister (Albanese) labeled the rally participants as ‘ratbags.’

A press release by organizer, Viv Forbes, Chairman of the Carbon Sense Coalition (March 23, 2011) announces that 22 diverse associations representing tens of thousands of Aussies will put the Gillard government’s environmental tax policies to the test. The Carbon Sense Coalition claims “thousands of Australians all over the country have signed a letter to Prime Minister Julia Gillard opposing the carbon tax.”

Skeptics say the government is wrongly basing its decisions on the discredited science of the UN’s Intergovernmental Panel on Climate Change (IPCC).

Climate Taxes Will Achieve Little or No Impact

Forbes adds:

“This tax on carbon dioxide will have no effect whatsoever on global climate, little effect on the production of carbon dioxide but a large effect on the cost of living and job prospects for Australians. This is merely a wealth redistribution scheme where most of the wealth will be consumed on compliance, regulation, red tape, subsidies and price supports for the Climate Change Industry.”

Protesters say any such tax would hurt the Australian economy and gravely impact families, imposing an additional $300 a year on household energy bills. Australia produces only one percent of global emissions of carbon dioxide (CO2) and, based on IPCC calculations, such a tax levied for 50 years will reduce global temperatures by an indiscernible 0.015 degrees centigrade and 2mm rise in sea levels.

Australian Prime Minister Julia Gillard Faces Protests - Adam Carr

Negative public opinion polls also appear to be linked to the growing number of embarrassing revelations undermining the credibility of the IPCC for using dubious non-peer reviewed findings.

Disillusionment in the greenhouse gas theory of climate change is increasing among independent non-government funded scientists. Carbon dioxide is a so-called greenhouse gas and comprises just 0.04 percent of the atmosphere. Environmentalists and leaders of some the world’s wealthiest nations championed the greenhouse gas theory as a promising vehicle for cap and trade green taxes.

No Discernible Human Influence on Climate

Aussie climate skeptics such as Malcolm Roberts, have been at the forefront of promoting science that discredits the IPCC claims. Roberts published his own lucid rebuttal of the man-made global warming theory with, ‘Two Dead Elephants in Parliament.’

Roberts drew attention to the IPCC’s Table 2.11 (2007) that reveals by the IPCC’s own admission, it has ‘low’ or ‘very low’ understanding of 80 percent of all factors impacting climate.

In their Third Report the IPCC claimed that as CO2 levels increased then global temperatures would increase. However, since 1998, despite unending rises in atmospheric CO2, global temperatures have fallen.

On such evidence, along with other arguments, the protesters say there is no compelling reason to show human emissions of carbon dioxide is causing any climate change. Thus the imposition of climate taxes is both scientifically unjustified and impacts negatively on economic freedom.

Wide Cross Section of Society Against the New Tax

Organizers claim these are gatherings of Australian citizens with a peaceful demonstration message. There are no projected figures of the expected turnout but interest has been considerable according to the Consumers and Taxpayers Association. They say they had over 100,000 hits on their website within the two weeks leading up to the rally.

The cities involved in the ‘No Carbon Tax’ protest are Canberra, Melbourne, Sydney, Brisbane, Adelaide and Perth. The six rallies are expected to comprise many representatives of diverse groups including “Young Australians, Working Families, Students, Workers, Small Business Owners and Senior Citizens.”

Source: John O’ Sullivan

You can read my Co2 Insanity take on this here.

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Filed under Cap & Trade, Carbon Taxes, Climate Alarmism, Climate Change, CO2, Co2 Insanity, Global Warming, Government, IPCC, John O'Sullivan, United Nations

Australia: Classic – let someone else pay for the CO2 tax

 

Will bribing the poor will get Australian PM Julia Gillard her carbon tax approval?

 

What better way for a politician to connive voter approval on a new carbon tax than to let some groups think that they won’t pay for it, someone else will? That is a classic way liberals get voter approval by making the voters think that if you vote for this tax, you will not pay for it because some company or some rich guys will get stuck with the bill, but not you. It appears that the Prime Minister of Australia, Julia Gillard, has added another dimension to that classic con by stating that some voters will even get someone else’s money back into their bank accounts! What a great way to get votes – hand out free money and they’ll rubber stamp whatever BS you come up with!

Gillard seems to be grasping at ways to get those carbon taxes going so the government has more money to blow on the typical useless crap governments blow money on, like those extravagant salaries, healthcare plans and golden retirement packages, not to mention things like studies on the sex life of the Tufted 3 Tit Bush Mouse and a myriad of other ‘important things’ that are usually a gigantic waste of your tax-dollars. What better thing to tax than that evil global warming causing carbon that’s going to kill us all? After all, we only need an impossible to attain $700 trillion dollars to lower the temperature of the globe by a whopping 1 degree.

In a fit of what I’d term a liberal Ponzi Scheme, Gillard wants to tax carbon to the tune of $5.78 billion and then use those misappropriated funds to bribe people into being on her side of the global warming taxation fence. This will get her a higher approval rating not to mention it will assist her in not getting tossed out on her head like her predecessor Kevin Rudd did. So, who’s she going to bribe? Well from the article at The Australian, we get these little snippets.

Ms Gillard said welfare recipients, who pay little or no tax, would not be ignored in the climate compensation package.

“We do need to remember, not everyone who is going to be in need of assistance is in the workforce. We’ve got around four million pensioners. So we’re talking about a balance here across the tax and transfer system.”

Ahh yes, there you have it, let’s get the poor people on our side by telling them they will be the benefactors of our giant Ponzi Scheme that will be used by the Australian government as a wealth redistribution program, which is what the real goal is anyway. If you are a corporation, or have money, you’ll be paying more for your supplies, food, fuel, heat, electricity, cars, tools, and anything else you care to name due to carbon taxes that are allegedly to save the planet from CO2. If you’re poor we’ll take care of you! As long as you vote for us you will not only get lower taxes, but free money, too! Just check the box next to ‘Yes, I want free money!’

If you’re on welfare or if you’re a pensioner with low-income, the government needs your support and what better way than to dangle dollar bills in front of them to get it?  Robin Hood could certainly be proud of Gillard for her latest ‘rob the rich, give to the poor’ scheme that is designed to screw their citizens out of more money and simultaneously get votes for her and her party, all while doing absolutely nothing to save the planet.

This is nothing other than more CO2 Insanity.

Source: The Australian

 

 

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Filed under Cap & Trade, Carbon Taxes, Carbon Trading, Climate Alarmism, Climate Disruption, CO2, Co2 Insanity, Financial, Global Warming