The Cost Of Cap And Trade/Global Warming Tax
April 7, 2009
The Heritage Foundation has an interesting look at how a cap and trade government would affect loss of income to Americans through higher costs, reduced manufacturing and job loss.
Tom Remington
Related Articles
If you enjoyed this post, make sure you subscribe to my RSS feed!
We feature the latest news, events and politics effecting the sports of hunting, fishing, and all outdoor activities in North America.
Hey folks. While I’m of the opinion that cap and trade is really a left wing tax scam and power grab, I thought it interesting to do the model vigorously and by the numbers the left would use, just to answer the question: could we affordably reduce greenhouse emissions from the USA? I built a simple enviro-economic model on my website designed to explore this. You can examine your own different scenarios, and get the results instantly.
You can check it out http://www.treatyist.com
The inputs are a complexity exponent that describe the increased price of a good as it becomes more complex, a fossil fuel price forecast, reduction technology percentages for transportation and home options, and finally, substitution percentages of nuclear power plants and wind power for coal. The output of all of this is the estimated cost of the all the technology upgrades, the estimated fuel savings, the difference, the co2 and temperature reduction, payments to europe and china as a result of technology imports, and the overall $ per degree of carbon reduction.
Have a look, http://www.treatyist.com
The website is free and no registration is required.