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Cap N Tax

Discussions about the economic and financial ramifications of PEAK OIL

Re: Cap N Tax

Unread postby dohboi » Fri 03 Jul 2009, 15:27:03

"How can using 3 times the quantity in materials count as being environmentally friendly?"

Except that the fuel is free and non-polluting, forever.
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Re: Cap N Tax

Unread postby odegaard » Fri 03 Jul 2009, 15:31:36

$this->bbcode_second_pass_quote('vision-master', 'D')oes anyone here know what this bill say's?

It says "bend over!"
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Re: Cap N Tax

Unread postby Tanada » Fri 03 Jul 2009, 17:48:11

$this->bbcode_second_pass_quote('dohboi', '&')quot;How can using 3 times the quantity in materials count as being environmentally friendly?"

Except that the fuel is free and non-polluting, forever.


dohboi I really really wish that were true, however turbines and solar panel's wear out and have to be replaced, and they are subject to weather/geological damage that also means they have to be replaced with newly manufactured systems. Every time they are replaced the clock starts fresh on how much energy/materials it took to build them vs any other power plant for the same output.
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Re: Cap N Tax

Unread postby Arthur75 » Fri 03 Jul 2009, 19:57:06

$this->bbcode_second_pass_quote('Tanada', '
')
dohboi I really really wish that were true, however turbines and solar panel's wear out and have to be replaced, and they are subject to weather/geological damage that also means they have to be replaced with newly manufactured systems. Every time they are replaced the clock starts fresh on how much energy/materials it took to build them vs any other power plant for the same output.


Yes, what is really needed these days is good reliable figures, no "conceptual judgement" to be based on good or bad, but for sure the "burning stuff" paradigm must include in a way the precise fact that it is burning stuff and for this a redistributed "fossile tax" is a good way forward : pushing savings and meaningfull alternatives.
Stuff like solar thermal are simple not expensive and perfectly meaningfull today for instance (in many climates).
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Re: Cap N Tax

Unread postby odegaard » Fri 03 Jul 2009, 20:48:34

$this->bbcode_second_pass_quote('Arthur75', '.')..
Yes, what is really needed these days is good reliable figures,...

here's some "fun" back of the envelope calculations:
-- hypothetical question
How many windmills would it take to supply 100% of the USA's electricity needs?

United States - Electricity - Production: 4 Trillion kWH/year
Thorntonbank Wind Farm = 60 windmills = 1000 GWh/year = 0.001 Trillion kWH/year
4 / 0.001 = 4000 wind farms
4000 * 60 windmills = 240,000 windmills
ImageImage

This is why I have fcuking issues with "environmentalists".
They're nothing more than a bunch of lazy ass idiots who never did their homework.
Anybody who bothers to sit down for just 15min to crunch the numbers will soon realize it's all just a pipe dream.
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Re: Cap N Tax

Unread postby dohboi » Sat 04 Jul 2009, 00:50:34

Good point, Tanada, but the fuel itself does still continue to be free.

And it doesn't have to be mined, transported, processed...disposed of when it is spent and toxic....

And note that in many places the wind blows more than one third of the time.

But again, we should be focusing first and foremost on conservation, efficiency and other ways to lower demand rather than always looking for new ways to produce mass quantities of energy to keep BAU going.
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Re: Cap N Tax

Unread postby dohboi » Sat 04 Jul 2009, 01:11:28

I haven't seen many suggest that we supply all our electricity from wind alone, so arguing that it would be difficult is a red herring.

Solar in the summer provides the greatest amount of electricity on the days that electricity is needed the most--hot, sunny days. It can be distributed so the source of electricity is close to the end use, essentially eliminating transmission loss.

Massive efficiency and conservation measures, which we should be taking anyway, can greatly reduce the demand.

These and other efforts could reduce the number of turbines needed by an order of magnitude, at least.

How many cell phone towers are there? How many transmission line towers?...

Presumably odie would have said cell phones or transmission of electricity were impractical because of all the towers needed.

Poor odie seems to be going over the edge on this one, dropping the f-bomb and generally going apoplectic. Maybe a little cooling down time is needed before we continue the discussion further?
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Re: Cap N Tax

Unread postby Sixstrings » Sat 04 Jul 2009, 01:52:32

$this->bbcode_second_pass_quote('odegaard', '')$this->bbcode_second_pass_quote('Arthur75', '.')..
Yes, what is really needed these days is good reliable figures,...

here's some "fun" back of the envelope calculations:
-- hypothetical question
How many windmills would it take to supply 100% of the USA's electricity needs?

United States - Electricity - Production: 4 Trillion kWH/year
Thorntonbank Wind Farm = 60 windmills = 1000 GWh/year = 0.001 Trillion kWH/year
4 / 0.001 = 4000 wind farms
4000 * 60 windmills = 240,000 windmills
ImageImage

This is why I have fcuking issues with "environmentalists".
They're nothing more than a bunch of lazy ass idiots who never did their homework.
Anybody who bothers to sit down for just 15min to crunch the numbers will soon realize it's all just a pipe dream.


How much does each windmill cost?
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Re: Cap N Tax

Unread postby Thralen » Sat 04 Jul 2009, 04:17:09

$this->bbcode_second_pass_quote('dohboi', 'T')hrallen, sorry that your reading comprehension and critical thinking skills seem to be a bit...challenged.

From the article: "The total amount of allowances and credits cannot exceed the cap, limiting total emissions to that level. Companies that need to increase their emission allowance must buy credits from those who pollute less."

If you can't see from this that renewables, which pollute less, would be favored (in theory at least) economically by this, I can't help you.

Wiki is not gov, but gov is compelled to use human language which involves words that have meanings. If you do not understand the meanings of the words used, you need to go to sources that discuss those meanings.

A bit hard to tell if you are being willfully obtuse here. Either way, not much use further engaging with you. Best wishes working on those reading comprehension skills.



So sorry to disappoint you here but you seem to have forgotten my premise.Since we are getting personal (or at least you have) I'll do the same and use simple, small words so the only way you can misunderstand is intentionally:

My premise (sorry, too large a word. Let me try "thought I was expressing") was that the bill is going to raise the per KWH cost of electricity produced by polluting sources to equal that of electricity generated by renewable resources. There was a large disparity (difference if you don't know disparity) in the price between that generated by polluting sources and renewable sources. In favor of the polluting versions (as in the price is lower for those generated by polluting sources). I was not talking about credits being purchased from the renewable sources by the polluting sources but only (as mentioned in an earlier post in this thread) the numbers showing on the average individuals electricity bill.

I do indeed see that renewables would be favored and have credits to sell but that was not the point I was introducing. Therefore I have to believe that either 1. I expressed myself poorly (but I'm pretty sure I spelled it out simply even before this post) or 2. I am not the individual with reading comprehension skills in question.

To repeat: I was talking ONLY about the cost of the produced electricity on the average individual's electric bill NOT any other side benefits that renewables might gain from the cap and tax itself.

In addition I might add that I asked for a source from the government that you could quote (or preferably link to) saying that part of their reason for the bill was to increase the electric costs for electricity generated by polluting sources to equal that of renewables. You tried to link me to a wiki definition page. Once again, I am not the one with an issue on reading comprehension, word definition or critical thinking. It was a simple request and you tried to side step it.

Thank you for offering to cease engaging me as your attempts to side step what I said and try to prove it wrong with unrelated issues and links was getting somewhat nauseating.

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Re: Cap N Tax

Unread postby Arthur75 » Sat 04 Jul 2009, 04:42:30

I admit being a bit lazy and not feeling like doing the research now myself, but reading this thread I didn't find an overall explanation of this "cap and tax" bill principles.

Could somebody explain it ? :)
Is it cap and trade ? (how are the cap values defined ? By who ? for who ?)
Is it more a "carbon tax" principle ? (at the well head or port of entry)

What is it exactly ? :wink:
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Re: Cap N Tax

Unread postby Sixstrings » Sat 04 Jul 2009, 05:35:26

$this->bbcode_second_pass_quote('Arthur75', 'I') admit being a bit lazy and not feeling like doing the research now myself, but reading this thread I didn't find an overall explanation of this "cap and tax" bill principles.

Could somebody explain it ? :)
Is it cap and trade ? (how are the cap values defined ? By who ? for who ?)
Is it more a "carbon tax" principle ? (at the well head or port of entry)

What is it exactly ? :wink:


My understanding is that it's a cap on carbon emissions. If a business goes over their cap, they have to buy carbon credits from the market (and you BETCHA goldman sachs and all the other evil banksters will be making a fortune on that carbon credit market). In theory, businesses that go green and use less than their allotment of carbon credits will be rewarded, since they can sell their unused credits into the carbon market (and then the speculating banksters add their profit in).

So the idea here is to become carbon neutral, with financial incentives in place for people to not pollute, and use less polluting energy (e.g. electricity rates will go up, causing the consumer to conserve more energy).

That's my understanding of it.. I may be wrong about the specific workings of this bill though. From what I understand, this cap n' trade bill is not international though.. the big cap n' trade scheme is the Kyoto protocol, where first world polluters buy carbon credits from third worlders.

The whole thing is a big scam though, nothing but a brand new commodity bubble for the banksters to get rich off. It only has support because it's appealing to two powerful groups -- environmentalists worried about all the melting ice, and the BANSKTERS who are literally salivating over the mad profits they'll rake in. So it's win-win for both sides of the political spectrum; democrats get to claim they've saved the Earth, and Republicans get to fill their pockets with cash from manipulating the new carbon credit market.
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Re: Cap N Tax

Unread postby Arthur75 » Sat 04 Jul 2009, 05:59:50

$this->bbcode_second_pass_quote('Sixstrings', '
')
My understanding is that it's a cap on carbon emissions. If a business goes over their cap, they have to buy carbon credits from the market (and you BETCHA goldman sachs and all the other evil banksters will be making a fortune on that carbon credit market). In theory, businesses that go green and use less than their allotment of carbon credits will be rewarded, since they can sell their unused credits into the carbon market (and then the speculating banksters add their profit in).

So the idea here is to become carbon neutral, with financial incentives in place for people to not pollute, and use less polluting energy (e.g. electricity rates will go up, causing the consumer to conserve more energy).

That's my understanding of it.. I may be wrong about the specific workings of this bill though. From what I understand, this cap n' trade bill is not international though.. the big cap n' trade scheme is the Kyoto protocol, where first world polluters buy carbon credits from third worlders.

The whole thing is a big scam though, nothing but a brand new commodity bubble for the banksters to get rich off. It only has support because it's appealing to two powerful groups -- environmentalists worried about all the melting ice, and the BANSKTERS who are literally salivating over the mad profits they'll rake in. So it's win-win for both sides of the political spectrum; democrats get to claim they've saved the Earth, and Republicans get to fill their pockets with cash from manipulating the new carbon credit market.


Thanks, and for sure it is totally ridiculous (as the cap n trade scheme from Kyoto btw), and the corresponding market didn't really work anyway.

Plus I don't understand who is going to define the cap of a given company (higly dependant on activity type, etc)

Really all this doesn't make sense, what would make sense on the other hand is :

- measuring carbon emmissions and agreeing on targets
- a "carbon tax" or "fossile tax" as proposed by James Hansen :

$this->bbcode_second_pass_quote('', 'A') rising carbon price is essential to "decarbonize" the economy, i.e., to move the nation toward the era beyond fossil fuels. The most effective way to achieve this is a carbon tax (on oil, gas, and coal) at the well-head or port of entry. The tax will then appropriately affect all products and activities that use fossil fuels. The public's near-term, mid-term, and long-term lifestyle choices will be affected by knowledge that the carbon tax rate will be rising.

The public will support the tax if it is returned to them, equal shares on a per capita basis (half shares for children up to a maximum of two child-shares per family), deposited monthly in bank accounts. No large bureaucracy is needed. A person reducing his carbon footprint more than average makes money. A person with large cars and a big house will pay a tax much higher than the dividend. Not one cent goes to Washington. No lobbyists will be supported. Unlike cap-and-trade, no millionaires would be made at the expense of the public.

The tax will spur innovation as entrepreneurs compete to develop and market low-carbon and no-carbon energies and products. The dividend puts money in the pockets of consumers, stimulating the economy, and providing the public a means to purchase the products.


http://www.guardian.co.uk/world/2009/ja ... rack-obama
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Re: Cap N Tax

Unread postby deMolay » Sat 04 Jul 2009, 13:21:11

I heard on the radio that the CapNTax Bill will have provisions for Green Building Inspectors who will tell you what you have to do to upgrade your house, and that it will control all new homes built anywhere in the USA. And that you will not be able to resale your home unless it passes inspection by these "Green Police". Is that factual?
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Re: Cap N Tax

Unread postby Tanada » Sat 04 Jul 2009, 17:03:38

$this->bbcode_second_pass_quote('deMolay', 'I') heard on the radio that the CapNTax Bill will have provisions for Green Building Inspectors who will tell you what you have to do to upgrade your house, and that it will control all new homes built anywhere in the USA. And that you will not be able to resale your home unless it passes inspection by these "Green Police". Is that factual?


I believe that is correct and IMO that amounts to a 'Taking' under eminent domain because it would cost more to upgrade my house built in 1913 to 2009 standards than I could possibly sell it for. I bought the house for 110, if I am lucky in today's market I could get 80 for it, and the upgrades to meet 2009 code would be somewhere between 50 and 75. This idea that it is more efficient to upgrade my house is nuts, at the very best it would have to be demolished and replaced and the city under current regs says my lot is too small to be build able. IOW I am now paying a mortgage on a home which I will not be able to sell if this law passes in the form the House passed Friday before last. Why bother? I could pack all my stuff into a storage unit and rent a small 1 bedroom apartment for less than half of my mortgage payment, and at least I wouldn't be dumping money into somethign I can never get a return on.
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Re: Cap N Tax

Unread postby odegaard » Sat 04 Jul 2009, 17:35:17

$this->bbcode_second_pass_quote('Sixstrings', '.')..

How much does each windmill cost?

It is impossible to get "hard" numbers but:
Wind advocates like to use $1 million per installed mega-watt.
However since these windmills are offshore so probably $1.25 million / mega-watt
These are "5M" windmills thus 5*1.25 = $6.25million / windmill
Take note:
Offshore wind farms cost more to install but the wind blows stronger so the cost per energy produced comes out the same or maybe even better then windmills placed on land.

To power the entire USA:
240,000 windmills * 5MW/windmill * $1.25million == $1.5 Trillion
Take note this is just the cost of windmills,
I have made no mention of upgrades to the power grid and have not mentioned Load Balancing yet.
What would the final cost be including everything? --> nobody knows but I'm willing to bet at least $3 Trillion
oops did I mention windmills only last for 20 years and need to be replaced?

There's no point in crunching the numbers for solar cells because wind is cheaper or at least comparable.
Therefore to power the entire USA with a combination of wind and solar is $3 Trillion
some people here don't like my numbers *glares at dohboi*
That's fine.
I'm just here to present a different angle
read everything - cross reference - YOU decide
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Re: Cap N Tax

Unread postby Arthur75 » Sat 04 Jul 2009, 18:13:04

$this->bbcode_second_pass_quote('Tanada', '')$this->bbcode_second_pass_quote('deMolay', 'I') heard on the radio that the CapNTax Bill will have provisions for Green Building Inspectors who will tell you what you have to do to upgrade your house, and that it will control all new homes built anywhere in the USA. And that you will not be able to resale your home unless it passes inspection by these "Green Police". Is that factual?


I believe that is correct and IMO that amounts to a 'Taking' under eminent domain because it would cost more to upgrade my house built in 1913 to 2009 standards than I could possibly sell it for. I bought the house for 110, if I am lucky in today's market I could get 80 for it, and the upgrades to meet 2009 code would be somewhere between 50 and 75. This idea that it is more efficient to upgrade my house is nuts, at the very best it would have to be demolished and replaced and the city under current regs says my lot is too small to be build able. IOW I am now paying a mortgage on a home which I will not be able to sell if this law passes in the form the House passed Friday before last. Why bother? I could pack all my stuff into a storage unit and rent a small 1 bedroom apartment for less than half of my mortgage payment, and at least I wouldn't be dumping money into somethign I can never get a return on.


Wow, this is really moving the wrong way : legislations, regulations, and cap and trade, worst mix !
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Re: Cap N Tax

Unread postby deMolay » Sun 05 Jul 2009, 08:16:40

I would advise to get a copy of Ballad of Carl Drega and read it and pass it on.
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Re: Cap N Tax

Unread postby pablonite » Sun 05 Jul 2009, 11:18:22

$this->bbcode_second_pass_quote('Arthur75', 'C')ould somebody explain it ? :)

No and don't believe anyone who even tries. Nobody knows yet because it is 1200 pages of word salad written by lawyers and rubber stamped by politicians with a few hundred more pages being added at the last minute.

It boils down to this, we are now at at point in our society where we are taxing the element of carbon. Carbon has a very unique place in the periodic table and it would be hard to argue it is the most important element we have ever discovered and is the foundation of organic chemistry, i.e. LIFE ON EARTH. It is a tax on life, even better than a tax on money.

It boggles the mind thinking about just how many ways this new power will be abused and used to enslave humanity! Interesting times!
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Re: Cap N Tax

Unread postby Tanada » Sun 05 Jul 2009, 12:59:37

$this->bbcode_second_pass_quote('', 'H').R.2454
SEC. 304.
GREATER ENERGY EFFICIENCY IN BUILDING CODES
(b) National Energy Efficiency Building Codes-
`(1) REQUIREMENT-
`(A) IN GENERAL- There shall be established national energy efficiency building codes under this subsection, for residential and commercial buildings, sufficient to meet each of the national building code energy efficiency targets established under subsection (a), not later than the date that is one year after the deadline for establishment of each such target.
`(A) effective on the date of enactment of the American Clean Energy and Security Act of 2009, 30 percent reduction in energy use relative to a comparable building constructed in compliance with the baseline code;
`(B) effective January 1, 2014, for residential buildings, and January 1, 2015, for commercial buildings, 50 percent reduction in energy use relative to the baseline code; and
`(C) effective January 1, 2017, for residential buildings, and January 1, 2018, for commercial buildings, and every 3 years thereafter, respectively, through January 1, 2029, and January 1, 2030, 5 percent additional reduction in energy use relative to the baseline code.


I another subsection (I couldn't find the exact spot) it states that all houses sold have to be inspected and brought up to the code specified in the above quote, no way in hell can my house do that, without about a $100,000.00 grant from the government which nobody expects to actually happen. Yet again they are passing unfunded mandates that cause the low end of the totem pole to pay more fee's and more taxes to local government to satisfy national government while smugly proclaiming that THEY didn't raise taxes, your local government did it.
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Re: Cap N Tax

Unread postby AlexdeLarge » Sun 05 Jul 2009, 13:39:44

Get it through your skulls people! This bill has nothing to do with the environment. (Any reference to the environment is lipstick on a Pig to get you to buy it.) It is about Power and Revenue! PERIOD !

Obama's "Cap and Trade" Energy Plan Will Cost Jobs
http://globaleconomicanalysis.blogspot.com/2009/07/obamas-cap-and-trade-energy-plan-will.html


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Will you raise my taxes high?
Will you raise them to the sky?
Will you raise them an awful lot?
My life is already in a knot!
Will you tax every nook and crannie?
And every fart out of my fannie?
Will you tax me, Uncle Sam?

I will raise your taxes high!
I will raise them to the sky!
Yes I'll raise them an awful lot!
Who cares if your life is in a knot?
I will raise every nook and crannie.
And I will even tax your fannie!
Do you think I give a damn?
Get ready for taxes, I am Uncle Sam!!
Viddy well, little brother. Viddy well.
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