Cap and Trade right here in River City
The California Air Resources Board (CARB) has gone rogue. In its single direction approach to implementing AB 32 policies, they have created the Nation’s first Cap and Trade program. Yes, they are implementing a $143 billion dollar tax on air. People I speak to in the Rancho Murieta Community are completely unaware that this is happening. CARB has created a commodity out of thin air, and will begin selling that commodity (carbon equivalent credits) to foreign and out-of-state interests starting in December 2012.
To monetize this commodity, they will begin implementing a system of charges and taxes on everything that relies on energy to deliver the product or service. Is there any product or service that does not involve energy use at some point in its delivery chain?
You can find out more by visiting this web site: http://www.friendsforcajobs.com/ . CARB is holding a practice auction (closed-to-the public) on August 15th. Friends for California Jobs is organizing a rally on that day. Think about attending the Circle the Capitol rally on August 15th, 11:00am-1:00pm, west steps of the Capitol.
Yes, I said CARB has gone rogue. They have formed a private company, Western Climate Initiative inc., a Delaware corporation, and have snuck through legislation attached as a budget bill amendment, exempting their Cap and Trade Auction from public disclosure laws. At CARBS last public meeting on their Cap and Trade program, they abruptly adjourned during the public testimony portion of the agenda, clearly indicating that they do not intend to listen to the public on this issue. To find out more, visit the Coalition of Energy Users web site: http://coalitionofenergyusers.org/
If the unelected and unaccountable California Air Resources Board succeeds in imposing a costly new energy tax up to 1.6 million jobs a year could be lost according to T2 and Associates. CARB’s own Economic and Allocation Advisory Committee estimated cap and trade could cost Californians a whopping $143 billion.
We can achieve clean air goals without creating this massive and unaffordable tax on energy that will personally impact each and every person in California. This tax will place a financial burden on every business in this State, creating a disadvantage for California businesses.