On Sunday, The Daily Caller posted an article about the Democrat’s plan to determine the amount of energy used in the production of goods.
The article reports:
Fresh from the looming trainwreck that is the deal to increase the debt limit, four Republican senators recently signed onto legislation that would require the Biden administration to study the feasibility of . . . a national tax on energy that would be collected at the gas pump and in electricity and heating bills.
The four Republicans — Senator Cramer (R-ND), Senator Cassidy (R-LA), Senator Graham (R-SC), and Senator Murkowski (R-AK) — joined five Democrats in asking Team Biden to determine the amount of energy used — and carbon dioxide emitted — by various countries in the production of essentially everything that makes modern life possible (aluminum, iron, steel, plastic, crude oil, batteries, etc.).
Eventually, the information would be used to impose tariffs on those countries who — in the view of the Biden crew — emitted too much carbon dioxide while creating those products.
The article notes:
Unfortunately for American consumers — and this is the important part of the story — the process will lead inevitably to the federal government setting a price for carbon dioxide in these United States.
That means only one thing: a nationwide tax on carbon dioxide, which is, of course, really a tax on energy in all its forms. Such a tax would be incredibly regressive, would damage the economy, and make everything grown, made, or moved more expensive.
The sad, sick part of this story is that the Republican senators are fully aware of that conclusion; they are in fact counting on it. Senator Cramer told the Washington Post that: “We spend so much time as Republicans saying hell no to people who want to tax carbon . . . . this is the low-hanging fruit of climate policy or trade policy or whatever you want to call it.”
In August 2010 , I posted an article about carbon trading in America. The article was about the failure of the Chicago Climate Exchange (CCX), a trading place for carbon credits. The only thing you really need to know is who lost money when Congress failed to pass Cap and Trade legislation that would have necessitated the existence of the CCX.
I reported in August 2010:
“The biggest losers have been CCX’s two biggest investors – Al Gore’s Generation Investment Management and Goldman Sachs – and President Obama, who helped launch CCX with funding from the Joyce Foundation, where he and presidential advisor Valerie Jarrett once sat on the board of directors.”
Green energy is about money–not about ecology.