Friday, December 31, 2010

Cap And Trade Is Here As Of January 2nd

The Environmental Protection Agency has set new regulations that apply mainly to seven states, including Texas, which according to the EPA would, if it were a nation, be the eight largest carbon producer in the world. It is the largest polluter in the US, accounting for 11% of the pollution produced here. But what does that really mean?

Rick Perry isn't having any of it, and has sued to stop implementation of the EPA's guidelines, but a federal court has refused to block the EPA until such time as the matter is resolved.

What really matters is the price at the pump. When these new rules take effect, on January 2nd, look for the price of gas to rise dramatically. Frankly, the Republicans in the House can put a stop to this by simply refusing to fund the EPA.

The administration didn't seem to get the message that the American people are against Cap And Trade. If Obama doesn't get what he wants through legislative action, evidently he thinks its appropriate to force the issue through a dictatorial regime.

That's not only legitimate grounds to withhold funding from the agency, it might also be a legitimate reason to proceed with impeachment proceedings.