Well, we don't know. But we do know that the law will be structured around the cost of carbon dioxide emitted. So the question becomes, how do we measure it?
Here is how.
Now, if you have read the link, you know that burning a gallon of gasoline produces 20 pounds of carbon.
So, what's the cost?
In Europe, where permits to emit carbon have been trading since 2005, it now costs nearly $40 to emit a ton of carbon.
Now, if your car is tagged as a 20MPG car, if you drive it 1000 miles, you will have used 50 gallons.... that's 1000 pounds of carbon... or a half of a ton.. or $20. or 2cents a mile... or if you drive 30,000 miles a year that's $600.00 or $50.00 per month. Have two cars? $100 a month.. Of course the Demos will want a special "second car permit." Cost unknown.
For absolutely no reason other than the desire of the Environmental Wackos to run the world.
And carbon comes from many places, including when you breath, how much you breath and how fast....
Wanna have sex with your significant other?? Sorry. You have exceeded your carbon production allowance... And no cheating! And yes... in spite of what Clinton said, a BJ is having sex...
And, of course, that is gasoline. Coal is different, and will vary based on type of coal, but as an example:
Complete combustion of 1 short ton (2,000 pounds) of this coal will generate about 5,720 pounds (2.86 short tons) of carbon dioxide.
So for every ton that your utility burns to produce electricity, they will have to pay $114.40 or not produce electricity.
Can you see your electric bill costing $500 a month???
Folks, this is the biggest rip off in the history of mankind.
Call your Senator. Call your Representative. Tell them to vote against this bill and ANY variation there of.
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