| Jamie Dupree |
Cap And Trade Grows
The hard workers at the Government Printing Office have now added in the last minute extras that Democrats attached to the climate change/cap and trade bill, as it now tips the scales at 1,428 pages in all.
That's right. Just 1428 pages of legislative language for you to peruse this Summer.
If you want to download it, then here is your link: http://bit.ly/nOeu2
If you remember my blog from earlier this week about how the bill approves the appropriation of "such sums" as may be necessary for various programs, I found 20 of those in the final bill.
* Sec. 122. Large-scale vehicle electrification program.
* Sec. 123. Plug-in electric drive vehicle manufacturing.
* Sec. 131. Establishment of SEED Accounts.
* Sec. 144. Smart Grid peak demand reduction goals.
* Sec. 216A Transmission planning.
* Sec. 184. Clean energy investment fund.
* Sec. 319. Office of Consumer Advocacy.
* Sec. 201. Greater energy efficiency in building codes.
* Sec. 205. Tree planting programs.
* Sec. 214. Best-in-Class Appliances Deployment Program.
* Sec. 241. Industrial plant energy efficiency standards.
* Sec. 242. Electric and thermal waste energy recovery award program.
* Sec. 265. Consumer behavior research.
* Sec. 273. Affiliated island energy independence team.
* Sec. 296. Residential energy efficiency block grant program.
* Sec. 705. Review and program recommendations.
* Sec. 706. National Academy review.
* Sec. 333. Black carbon.
* Sec. 433. Protection of Social Security and Medicare trust funds.
* Sec. 480. Natural Resources Climate Change Adaptation Fund.
Oh yeah, other stuff caught my eye as well, like on page 473, "Bounties for Replacement, Retirement, and Recycling of Existing Low-Efficiency Products."
You read that right - under this bill, the Secretary of Energy would pay money to retailers that get rid of older appliances and machines that use extra energy.
In the same section, the bill lays out "Premium Awards" that would be paid to the manufacturers of new energy efficient appliances.
From what I can make of the legislative gobbledygook on page 479 of the bill, it looks like the feds would pay the manufacturers of "Superefficient Best In Class Products" for each unit that they produce.
* $75 for each dishwasher
* $250 for each clothes washer
* $200 for each refrigerator or refrigerator-freezer
* $250 for each clothes dryer
* $200 for each cooking product
* $300 for each water heater
Now I don't have to be a rocket scientist to figure out that if you pay enough of those awards, that is going to be a big chunk of change in Fiscal Years 2011, 2012 and 2013, which is when the awards would be paid out.
How much money are we talking here? Well, the entire section relating to super efficient appliances would get $600 million for FY 2011, 2012 and 2013 - and then "such sums" as may be necessary in the future.
The bill specifically says that "no less" than 40% of the money in those first three years shall be for "Premium Awards for Development and Production of Superefficient Best-in-Class Products."
I just can't make this stuff up. I'll dig a little more for tomorrow.
What others are saying
- More "such sums"Actually Jamie you missed two more "such sums" in the final bill that passed for 22 total.
Sec. 223 Smartway Transportation Efficiency Program
and
Sec. 427 General Provisions$$ Agreements with the States on unemployment benefits for those effected under this bill.
Both could be very expensive and the last strengthens the argument that this bill will cost jobs. - info to emailIt would be so helpful to have a format that we can email to those in our address book, I am going to send a personal email to those in my address book
- I feel helplessI am as much in favor of green energy as the next guy; in fact, some people would classify me as a "tree hugger." However, I can't believe how horrible this bill is. Most of it is impossible to understand, and the parts that are understandable are so outrageous that I can't believe it. What does Social Security and Medicare have to do with green energy???? And now, with a filibuster-proof Senate, I'm afraid there's no stopping it.
So, about 50% of my retirement is gone because of the economy, my husband went a whole year without a paycheck (he's a small business lawyer)and we're having trouble paying the bills we have NOW, and I'll never be able to move out of this house because it is 25 years old and I'll never be able to afford all of the retrofitting this bill requires AND pay all the extra expenses I'll have to pay for because of the cap and trade tax. I'm just screwed. See you at the next tea party! - Cap and Trade AbuseCAP and TRADE Will Create Companies TOO BIG TO FAIL
The text of the Bill is unlikely to be read by any Senator or Congressman.
So what’s the real scoop? Ignore the proselytizers and find out from those who “shaped†the Bill ….
http://pacificgatepost.blogspot.com/2009/07/dear-mr-president-thanks-again-for-cap.html - Super efficient appliance moneyCurious whether there is a stipulation that the money going to manufacturers is for appliances made in U.S.A. only.
- Cap and Tax?Jamie,
I've tried to read the bill twice but get bogged down in too much government lingo that I can't understand.
What we need out here is a itemized list of each element in the bill and how that will affect each of us in our wallets.
Thanks for the work you do,
Mike
Amelia Island, Floida
WSB 24-Hour Weather Center
Get the 5-day Forecast .
Atlanta weather
Mostly Cloudy45°F
5-day forecast | Hurricane Guide
Marketplace
"How to Build Your Financial Future" Online Seminar sponsored by Associated Credit Union. Details
Shop for cars, find a dealer, and get the latest automotive news in our Local Car Buying Guide powered by AutoTrader.com
From fast food to fine dining, find it all in our Local Business Directory .
Stay ahead of the storm. Find evacuation routes, safety tips and more in the Hurricane Guide.
Read the AJC and stay on top of everything in Atlanta! Get delivery for less than $2 a week!
Join Channel 2 Action News anchors John Pruitt and Monica Pearson at 5, 6, and 11pm.
© All Media Guide, LLC. Portions of content provided by All Music Guide®, a trademark of All Media Guide, LLC. 