SEARCH BLOG: MANIPULATION
The latest global scam is the "cap and trade" of CO2 credits. Literally, billions of dollars are being spent on "vapor."
Well, why not have a U.S. version of cap and trade for fuel?
Calculate the annual amount of fuel that will be used at based on a predetermined limit [phasing in 36 MPG over a decade because of existing vehicles -- average age of cars is 9 years]. Determine what that means per vehicle and establish a monthly allocation based on a normal [or even reduced] national supply of fuel. Then set up an internet-based system whereby individuals can sell unused allocations [credits] to those who need more gasoline... kind of like electronic transfer of funds in banking. In order to ensure compliance, the federal government would create a Department of Fuel Usage that would issue electronic cards tied to the cap and trade system which would be inserted into a gas pump to be sure that the pumper was within his allocation for the month. If not, the gas station would have a kiosk where the pumper could purchase additional credits online and then pump the gas.
That way, those who have the mini-minis that get 85 mpg and drive once a week to church can sell their allocation to those who drive Bentleys 2,000 miles per week. Everyone gets to drive what they want, a finite amount of fuel is used, and those who want to sacrifice some are paid for their effort by those who don't. The free market in action. I can see a new commodities exchange forming right now.That, in stark contrast to the government limiting the types of vehicles that can be produced at a higher cost to everyone. Automotive companies will still be able to find a market niche for many different vehicles.
As a side note, let's presume that, due to a forced accelerated transition to hybrid vehicles, we are going to have a severe supply shortfall in either lithium-ion [which has unresolved safety issues] or nickel-metal hydride batteries, so this will be an opportunity for another artificially induced price run-up for either/both the batteries and the principle elements [nickel, lanthanum].
Clean diesel-powered vehicles could deliver the required mileage and better performance than present hybrids, but there will be a severe shortage of diesel fuel due to lack of refinery capacity... unless refineries are converted in short order.
We're not quite technically ready to launch our future transportation, but it pays to always PLAN AHEad.Now lets talk water cap and trade and then we can move on to food cap and trade....
I love all of these cap and trade schemes, don't you? Why let the real free market work when the government can impose Byzantine rules to make it so much more interesting for the creative types to produces pseudo "free markets"?