Today’s important political post is at The Stream: Obama’s Climate Challenge. Do Business Leaders Dare To Take It?
President Obama is bruiting the idea of a $10 per barrel oil tax, which will of course ride on top of existing oil taxes, and which naturally you would end up paying for in increased gasoline taxes and food and goods costs.
Besides employing a whole swath of new government bureaucrats tasked to write regulations, Mr Obama would “invest”, i.e. spend your money on “clean-energy technologies that will power our future.” Politico reports that he has already “doled out unprecedented green energy subsidies” to those who are friends (like Solyndra) of his administration.
So with these new taxes we can move from “unprecedented” to, what, astronomical?
Anyway, everybody knows the reason the government gives to explain its largess, and that is global-warming-of-doom. We’re long past the point of taking this subject seriously, since every forecast of tragedy over the last thirty years has failed to be realized. But let’s here assume what isn’t true, that global-warming-of-doom really will kill us all unless we spend your money in so-called clean energy, clean transportation, and clean whatever.
Now that is going to cost a bundle. It would take hundreds of billions of dollars, maybe even trillions or multiple tens of trillions, to switch out all fossil-fuel electricity generation and swap all gasoline- and diesel-propelled vehicles, which includes your car. That means somebody has to sell new power plants and new methods of transportation.
Who gets the money?…
That brings us to Obama’s Climate Challenge, which is this. I hereby challenge all and every seller of any clean or green technology who accepts any money or consideration whatsoever from government to…
Go there to read what it is! And pass it on to all those greenies who would sell us “clean” energy products.