Based on EIA and CBO data. Dollars in millions, cost to customers in 2012.
Are you a looter, or one of the victims?
Based on the allowance allocation formula in [the Cap and Trade bill] for electricity consumers, the red states will not have enough allowances to cover their emissions from electricity generation. The shortfall in allowances to the red states will lead to higher electricity costs for consumers, the total of which will roughly correlate with the dollar losses noted on the map. For example, Texas electricity consumers will see electricity costs go up by roughly $1 billion. To make up the shortfall, red states will have to seek high-cost, non-CO2 emitting electricity sources, reduce electricity production and consumption, purchase allowances from the green states, or purchase domestic and international offsets...
People from the electoral-jackpot states — New York and California — stand to benefit handsomely from Obama's "Cap and Trade" energy tax. Folks from other states, especially the rubes from fly-over country, won't be so lucky. Bitter clingers from Pennsylvania will be paying the electric bill for people in New York. Gun nuts in Georgia will carry the water for the citizens of Connecticut. Bible thumpers in Texas will subsidize the cost of living in California.
Spreading the wealth around: America asked for it, Obama will deliver. Elections have consequences!
If you are from a looter state, don't forget to call and thank the tr8tors for their vote. (It is interesting to note that all of the Republican defectors, except Mark Kirk, are from looter states.)
The Cap and Trade bill was narrowly passed by the House.
WSJ: It's no coincidence that the liberals most invested in cap and trade — Barbara Boxer, Henry Waxman, Ed Markey — come from California or the Northeast.
14 comments:
"come from California?" Waxman IS my congressman, nice, eh? Nowhere to even write to! (but I DID..and not too kindly, either!)
This whole thing stinks and I'm 100% sure it won't pass the senate... positive. we have to keep calling and emailing...and TRY to find SOMEONE in the media who's telling Americans Obama DID lie to them ... he IS raising costs to the middle class...he just can't call it a TAX.
We will be paying to keep the lights on for all the illegals. They will be paid by us in a direct deposit. Wait and see.
Z: Waxman is such a troll. I really feel sorry for you.
http://tr.im/qoDl
BB: Dems have to keep buying those votes.
If all the "green" states in the map vote for Obama and all the red states vote Palin/Romney whomever, we're going to take back the White House in a landslide: the electoral vote of such an election would be something like Republican winner 395 Obamanation 140.
There is victory in defeat...
nacilbupera: I wouldn't be entirely surprised to see Obama go down like Jimmy Carter. Hopefully we can hold the country together in one piece in the meantime.
Like most of us, I a victim
WW: Obama isn't interested in the best interests of all Americans, just the ones who will keep him in power.
wer'e screwed my friend..ugh!!!
WHT: ...and they're tightening the screws.
its one big mess of pork and influence peddling.
Yep,a victim of the looters.
This is maddening. I will admit that I am not a man of great means,in fact most people in my position would take welfare or government assistance of some sort.
However I refuse for two reasons. First I didn't earn,and it isn't mine. Second is even simpler that that - pride,simple pride to be self reliant.
RV: The government has become like metastatic cancer.
CS: Third reason to avoid gov't money... when they "help" you, they own you.
You have Waxman, I have Murtha, Specter, Casey, and Rendell. I wrote Mr. Murtha before the vote. Still heard nothing. The next day.... I've said it before: "Hell hath no fury like a blogger scorned."
blackandgoldfan: these congressmen will finally pay attention when they're unemployed.
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