SEARCH BLOG: CO2 and EPA and TRADE
Obviously, the Obama administration just can't separate sarcasm from planning....
Saturday, April 25, 2009Just because Henry Waxman and France think it is a good idea doesn't mean that any real thought [ideological babble, perhaps] has been expended. Regardless, the American Clean Energy and Security Act allows a carbon tax on imports:
SEARCH BLOG: EPA and ECONOMICS
It was only meant to be sarcasm. I never thought anyone would take it seriously when I wrote:The EPA, with the strong leadership of the Obama administration and the Democratic Party controlled Congress, are about to impose a vast new panoply of regulations and economic burdens on the United States in the name of climate control. The U.S., however, is only a minority producer of human-generated CO2. The two fastest growing economies have become the largest producers of CO2, China already is the world's biggest man-made CO2 producer (2007) and India is coming up fast, and are also becoming the largest suppliers of goods consumed in the United States. They will have no comparable restrictions on producing CO2.It was sarcasm because the EPA is on a fool's errand regarding CO2 regulation in the U.S. and because the obviously stupid bureaucracy enforcing taxes and fees on products produced elsewhere based on some theoretical CO2 pollution confounds human reason and intelligence.
Consequently, in the spirit of fairness and cooperation and saving the planet, it is incumbent upon the EPA to ensure that ANY PRODUCT PRODUCED ANYWHERE THAT IS BROUGHT INTO THE UNITED STATES MEET ALL U.S. CO2 REGULATIONS, LIMITATIONS, AND PERMITS PERTAINING TO PRODUCTION AND BE CHARGED ALL EQUIVALENT TAXES, FEES AND PENALTIES FOR CO2 PRODUCTION.
Little did I realize that Henry Waxman had already taken it upon himself to promote such stupidity. H/T Dr. John Ray
Provides an incentive for other countries without a cap on carbon to limit their emissions, by allowing the president to impose fees on carbon-intensive imports from nations that haven't joined an international agreement or adopted their own greenhouse gas cap (starting in 2020)One has to be careful what one suggests in jest; it may come back as law from Waxman, et al.
Surprisingly, President Obama is disinclined to use such power... at this time.Ve haf udder vays, ja!
“At a time when the economy worldwide is still deep in recession and we’ve seen a significant drop in global trade,” Mr. Obama said, “I think we have to be very careful about sending any protectionist signals out there.”
He added, “I think there may be other ways of doing it than with a tariff approach.”