No Cap And Trade But It Makes Sense
SEARCH BLOG: ENERGY
From The New York Times:
Energy, Climate Change — but No Cap and Trade
By JOHN M. BRODER
The latest proposal to deal with energy and global warming came Wednesday from Senator Richard Lugar, a moderate Republican from Indiana, whose plan seeks to cut energy usage and greenhouse gas emissions without creating a new market in carbon credits or taking a big bite out of the economy.
The proposal – dubbed the Lugar Practical Energy and Climate Plan – has little chance of passage in the Democratic-dominated Senate. But Mr. Lugar’s more incremental approach is designed to appeal to moderate Republicans and a group of Midwestern Democrats who are nervous about the impact of broad climate change legislation on jobs in states that are heavily dependent on coal and manufacturing.There are a very large number of people who would be satisfied with an approach to energy that rewards efficiency and conservation... but does not penalize everyone in the process. Mr. Lugar's bill tends toward that approach, but still relies on the stick more than the carrot.
Instead of subsidizing inefficient alternatives to the energy needs of the U.S., let the marketplace reward efficiency. How? By the lower operating costs for the products.
But wait, what about legislation? You don't need legislation to accomplish that. Let the government cut all subsidies [paid by taxpayers, of course] to all energy producers. Let the cost of energy settle where it may through the marketplace. Then let consumers decide if they want to pay more for a high energy efficient product or pay more for the cost of the energy to run that product.
But that doesn't fix anything! It fixes all of the taxpayer paid subsidizing of overly-expensive, politically-correct solutions that don't solve anything.
But what about energy independence? Perhaps the government should pass legislation that says the government should stay out of the energy business business. Rather than hamstringing the energy producers, let them produce.
But what about pollution? Pollution can still be regulated and penalized.
But what about CO2? That becomes a pollutant as soon as plants can live without it. Why not ask, "What about food?"
On a personal note, we are building our retirement home. It will have:
- R49 roof insulation; R19 wall insulation
- low e-glass
- fiberglass doors with insulation
- wrapped exterior walls
- Energy Star appliances
- 96% + efficiency heating and cooling