Cap and trade: What could Oregon’s carbon policy cost you?

Let's see how popular this Carbon Tax financial scam gets when it seriously hits people's pocketbooks.

The oil haters are really getting out of control, and I expect the usual bunch of climate panic spammers to show up in this thread to defend this absurd Carbon Tax bill being foisted onto Oregon voters.

 

Cap and trade: What could Oregon’s carbon policy cost you?

Debate over the controversial proposal to enact a carbon cap and trade scheme in Oregon has intensified, with a solid wall of Republicans and a few stray Democrats criticizing the bill’s hefty impact on fossil fuel prices, jobs and the state economy.

At the heart of that criticism, and likely to be the most evident day-to-day impact of the policy is the price Oregonians would pay at the pump as transportation fuel providers pass on the cost of “emission allowances” they would be required to buy.

For drivers, that means higher gas and diesel prices -- significantly higher as time goes on.

This is the no-pain-no-gain reality at the heart of the “market-based” cap and trade policy. If businesses and consumers don’t feel it in their wallets, they won’t change their behavior and reduce emissions.

It’s also true that the price impact would fall heaviest on rural residents. That’s because they travel longer distances, drive vehicles that are less fuel efficient and have fewer public transit options. They also have lower incomes, on average.

Likewise, truckers and businesses that rely on heavy vehicles may be hard hit, and that cost could easily show up in higher prices at the grocery store, etc. – cost impacts that would also likely be higher in rural areas of the state.

“The bill makes the urban-rural divide stronger than ever because the biggest polluters are in Oregon’s large cities,” said Senate Republican Leader Herman Baertschiger, Jr., R-Grants Pass. “It is fundamentally inequitable to put the responsibility of cleaning up their pollution on the backs of rural Oregonians.”

 

... A forecast by the Legislative Revenue Office predicts that the cost of emission allowances will range between $19 and $72 per metric ton when the policy takes effect in 2021, then increase steadily from there.

In year one, that roughly translates to gas price increases ranging from 19 cents to 72 cents a gallon. By 2030, it’s forecast between 36 cents and $1.45 per gallon. And by 2050, when the policy reaches full effect, per gallon prices could rise between $1.51 and $5.64.  ...

 

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What you are getting is the result of the crazies in the city of Portland.  That place is totally off the wall.  I have a theory as to how all that lunacy comes about: it starts with the Oregon Trail.

Back some 150 years ago, small groups of people were convinced to simply pack up and leave their comfortable homes and settled lives to go put everything into this "Conestoga" wagon, pulled by oxen, and start walking - three thousand miles!  And along the way they had to fight off Indian attacks, deal with the freezing cold mountains, and attempt to float down the Snake River, and, three years later, arrive at the Willamette Valley, a river the meets the Columbia at Portland. Now, anybody that would do that had to be mentally ill.

When you arrive in Oregon, all the other folks were also people who had done that trek down the Oregon Trail, and were also addled in the brain.  Then they procreated.  Well, if you have all these mental cases procreating with each other, pretty soon you end up with an entire society that is seriously disturbed.  And from that, you get today's "eco-warriors," people who hang themselves from ropes off river bridges to prevent tugboats from passing, all that sort of lunacy. Don't be surprised that these same crazies now want to impose "emissions taxes" on the society, to personally and single-handedly defeat "global warming."   All this craziness stems from the seeding of defective genes in the reproduction mix. Aargh.

Moral: be careful who your bed playmates are. You, too, can end up with an Oregonian.

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Tom, no joke!   I was being perfectly serious!  All that bed-mate stuff is how the mental-illness genes get infused into the general population. You don't want to be part of that; you end up with unruly teenagers. 

Think about it: you are sitting out there in Portland, Oregon and the only other people are more "trekkers," who have left their nice comfortable family farm in Missouri to go haul themselves for three years over the mountains to - have a nice comfortable family farm in the Willamette?  What did all that gain them?  You risk life and limb and family to duplicate what you already had?  You have to be totally nuts to go do that. And when you arrive and look around, all you have are more loonies to go date and marry.  It is a very limited gene pool to select from. That is how mental illness sweeps through a society.  We are living with the results of that ridiculous behavior two centuries later.  Unreal.

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What happens when banks/investor stop giving money to shale companies and whats chance there will be another melts down with shale.

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11 hours ago, zbest1966 said:

What happens when banks/investor stop giving money to shale companies

At that point, the "general partners" in those limited partnerships end up with no personal gravy train any more.  Then they have to trade in the Lamborghini and go drive Chevrolet.

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