Cap-and-Trade System
or Carbon Tax
The
proposed Cap-and-Trade or Carbon Tax is make Carbon Dioxide a marketable
commodity. The financial investors have spent billions of dollars developing
the Cap-and-Trade system. They have contributed millions of dollars to
hundreds of political campaigns. Theirs lawyers have obtained a United
States Supreme Court�s ruling requiring the U.S. Environmental Protection
Agency to regulate carbon dioxide emissions. Non-for-profit organizations
are misrepresenting the facts to the public. And, their lobbyists have
drafted legislation that they want the United States Congress to pass and
the Administration to sign.
The
financial investors are giving the impression that they are helping reduce
green house gases; but in reality, they want the United States to create
a multi-trillion Cap-and Trade commodities system to help them make
trillions of dollars manipulating the carbon dioxide emissions. The
financial investors in United States and Europe have started organizations
to purchased options, buy carbon dioxide credits, and sell the credits to
companies. They have investors who want to participate in the Carbon Dioxide
Credits program. At $100 per metric ton for carbon dioxide, United States
Cap-and-Trade market is valued at over $600 billion.
Under
the proposed Cap-and-Trade system, the United States Congress or U.S.
Environmental Protection Agency is required to established caps on the
amount of carbon dioxide businesses like utility companies can legally emit.
The utility company must then purchase carbon dioxide credits from the
financial investors. The financial investors exercise the options to
purchase the carbon dioxide credits and sell the credits to the utility
companies. Utility company passes the increased costs into their electric
rate base; and their customers could pay 10 to 20 cents per kilowatt-hour,
which could double or triple the electric bills.
The financial investors don�t want to walk the talk. Although they
have trillions of dollars to invest; they don't want to invest their
funds to help companies solve the energy crisis or eliminate carbon dioxide
emissions. If they did, they would have funded automakers to manufacture
millions of hydrogen and electric vehicles rather than having the federal
government attempt to bail out the automakers. Their reasoning is simple.
The financial investors don't understand technology and can get a better
rate of return by manipulating the carbon dioxide commodity's market.
At
$100 per metric ton, the World Carbon Dioxide Market value would be $2.4
trillion per year; and over ten years, the $24 trillion. With annual revenues
of $2.4 trillion per year, about the gross revues as oil companies, the financial
investors plan to take control the World's economy. They want to subsidize
uneconomical projects and make billions of dollars. They have publicly stated
that they plan to put businesses out business by manipulation the carbon
dioxide commodity's markets not only in the United States but in other
countries around the World.
Since the Cap-and-Trade system appears to be another
financial gimmick, the financial investors will hopefully provide funding to
companies that can solve the World's Energy Crisis and reduce carbon dioxide
emissions.