Quote:
Originally Posted by LoneStarProud
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If they get their way and implement a cap and trade hold on to your retirement accounts. I have been moving my retirement account to an offshore account for the last four years and it's all done. I know I'll be glad I did.
Quote:
On Carbon Dioxide, a Better Alternative
By Keith Crane and James Bartis
Special to washingtonpost.com's Think Tank Town
Thursday, November 29, 2007; 12:00 AM
In either case -- tax or trade -- electricity and gasoline prices would rise. A tax of $30 per ton -- a level MIT suggests would make clean coal technologies an attractive investment to power companies -- would raise gasoline prices by 35 cents per gallon and household electricity bills by 20 to 30 percent. Under cap and trade, prices would have to rise by the same amount to get the same result.
Keith Crane is a senior economist and James Bartis is a senior policy researcher at the RAND Corporation, a nonprofit research organization.
http://www.washingtonpost.com/wp-dyn...112802160.html
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Tax....It's not just for gasoline any more!
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When I was young, I'd grab my knapsack and go hiking up a mountain. Now, I need a nap in the sack to hike up my pants!
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