RULEMAKING TO CONSIDER THE ADOPTION OF A PROPOSED CALIFORNIA CAP ON GREENHOUSE GAS EMISSIONS AND MARKET-BASED COMPLIANCE MECHANISMS REGULATION, INCLUDING COMPLIANCE OFFSET PROTOCOLS
I am tempted to make up a little ditty about Cap'n Trade - Just Like Winnie The Pooh Would... and I think I understand why Cicero fiddled while Rome burned...He just couldn't stand watching his fellow Rom-maniacs pour gasoline on themselves and light the match...
The AB 32 Scoping Plan identifies a cap-and-trade program as one of the strategies California will employ to reduce the greenhouse gas (GHG) emissions that cause climate change. Unelected California Air Resources Board
Inhofe Debunks So-Called 'Consensus' On Global Warming
|The assumption at the AIR Resources Board is that the 2020 $ price of Fuel will be $7.69 per MMBTU|
In comparison to today's spot price
|Spot Price of Fuel in 2010 - $3.76|
Or more than Twice the amount.....