I'm Ready For Change, S.2191 will hurt America
Since I am in Real Estate I try to avoid subjects like this but I could not resist any longer posting on this subject. I like Senator Lieberman and he is very wrong on his Bill. It will do nothing for the Climate Change and will only hurt America.
The cost of S.2191 Lieberman/Warner America's Climate Security Act of 2007 which is scheduled to be reviewed currently is devastating to your wallet. The purpose of the bill is to punish those companies that emit more carbon dioxide (CO2) into the atmosphere. On the surface who can disagree with reducing our emissions since it means cleaner air. However, there is no proof that reducing this will have any effect on the climate. Contrary to media hype and misinformation, no respectable scientist can produce any concrete proof that climate change is nothing more than the normal chain of events in the cycle of life here on earth.
Lets review a few fact to see if our legislatures have got things right to date. Let us start with energy and their approach to fix it, as lame as it was and still is! They passed legislation that mandated that ethanol be used to reduce CO2 and reduce energy dependence. When you hear things like reduction you feel good. I can go along with that. However, what were the real results. First, ethanol was not a product that could be refined within any economically feasible profit range without government subsidies. Albeit farm subsidies or tax credits or subsidies and grants. So the legislatures we now have really did more harm than good. They spent your tax dollars to subsidies a flawed system rather than looking an alternatives that had promise. The result is that corn is now at record price levels, @$2.00 a bushel in 2005 and now pushing $6.00 a bushel. That just doesn’t affect the price of corn flakes; it changes meat prices, the price of anything that uses corn syrup and all the things that are not being grown because corn is the cash crop today.
Let’s move to the next blunder, the devaluation of the dollar. This has been one of the significant factors in the high cost of oil but not the big one. The biggest one is the lack of your Congress and their ability to implement a change in energy policy.
Rather than spend time working on a solution they are working on a way to totally drive our economy into the dirt. S.2191 will cause the prices of everything that you buy or use to go up. Why? Because it taxes anyone that uses energy and emits CO2 and the cost of those taxes will be passed on to you.
Is there a solution? Yes! We need a plan for alternative energy and we need to pull the oil out of our ground and stop the 56% reliance on foreign oil. The amount of Shale Oil in the US is estimated at 1.5 trillion barrels which is almost 5 times the reserves in Saudi Arabia. That amount doesn’t include Anwar or the Eastern Gulf. If we put a plan together to drill and recover this oil and added a plan to develop alternatives we would conquer the emission problems and the reliance on foreign oil.
There is another form of energy that could be used called methanol. It is made of waste. It requires a $100 change to you car if done when manufactured. This is pollution free and solves a land fill problem since garbage, leaves or any waste material can be turned into methanol. Your legislatures have known this for a while but have chosen to ignore it.
It is time for change alright. Throw them out if they vote for S.2191 and if they don’t start a real energy bill that helps, they must go. The sad thing is all the current candidates for President support this idiotic bill. Your support will help change their minds. Don’t accept what I have written, look for yourself and look at what they have done and see if they have been wrong on most of what they have done.
I am afraid that what they do is flow with the popular topic of the day and really don’t do any analysis of the facts. I recently wrote Senator Nelson of Florida and he wrote me back the lamest response that was lacking any facts or solid evidence of his position.
The only way you will see change is to act.