Monday, July 6, 2009

Crap & Tax

The National Review Online has an article that dissects each ugly provision of the 1400-page "ACES" bill. (HR 2454, AKA Cap & Trade, AKA Crap & Tax, AKA Crap & Traitors.)

At least someone read it.

Congress sure didn't...
19. The promotion of carbon capture will require a host of new regulations — the bill calls on the EPA to create a permitting process for geologic sequestration (burying captured carbon emissions in the ground), regulations to keep the buried carbon from escaping into the air, and regulations to keep it from escaping into the water supply. All we need now are carbon guards to throw the carbon in solitary confinement if it gets too rowdy in the prison yard.

20. The bill imposes performance standards on new coal-fired power plants to encourage the adoption of carbon-capture technology. Ratepayers would pay more for electricity because of the efficiency losses associated with carbon capture.

21. The bill regulates every light fixture under the sun. Actually, the sun might be the only light source that isn’t regulated specifically in this legislation. There are rules governing fluorescent lamps, incandescent lamps, intermediate base lamps, candelabra base lamps, outdoor luminaires, portable light fixtures — you get the idea. The government actually started down this road by regulating light bulbs in the 2005 energy bill. This bill merely tightens the regulations, which means the unintended consequences produced by the 2005 bill — more expensive light bulbs that burn out quicker — will probably get worse.

22. The bill extends its reach to cover appliances as well. Clothes washers and dishwashers, portable electric spas, showerheads, faucets, televisions — all these and more are covered specifically in the bill. You thought we were kidding when we said this bill represents the federal government’s attempt to expand its regulatory reach to cover everything. We weren’t.

23. Appliances will be required to come with “carbon output” labels, and retailers will get bonus payments for marketing those that are certified “best-in-class.” The bill sets up a payment schedule to reward the manufacturers of these “best-in-class” products: $75 for each dishwasher, $250 for each clothes washer, and so on. So go out and splurge on that new super-energy-efficient refrigerator — under this bill, you already made a $200 down payment.

24. The bill requires the EPA to establish environmental standards for residences, meaning a federally dictated one-size-fits-all policy for greening every home in America. When you’re retrofitting your home according to EPA guidelines, it will come as little comfort to know that the government is reimbursing you for your troubles, especially if you’re doing the work around April 15.

25. The bill would affect commercial properties, too. In fact, all buildings would be governed by a “national energy efficiency building code” that would require 50 percent reductions in energy use in all buildings by 2018, followed by 5 percent reductions in energy use every three years after that through 2030. No one disputes that these changes will be costly, but Waxman-Markey supporters argue that they will pay for themselves through lower energy bills. This argument holds up only if we assume that energy prices will stay flat or fall over time. But the aforementioned carbon caps instituted elsewhere in this legislation make that prospect highly unlikely. Businesses and homeowners will pay twice — once to retrofit their roosts and again when the energy bill arrives.
Check out #24. As I understand the bill, before we can sell our house, we have to bring it up to Al Gore's code.


Hell, go read the entire article.

Then find a Tea Party near you.

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