An internal memo from the Obama administration (Office of Management and Budget ) may put a lid on “cap & trade” legislation for a while. “Cap and Trade” is a regulation method which forces additional costs onto businesses and power generation facilities for their emissions beyond a set point. Those additional costs (taxes) would then be shuffled by the Federal Government into other areas, specifically, the research of so-called “renewable” energy sources.
Never mind that many of these “renewable” energy sources are already being explored by the private sector and many of the power and fuel companies that would be targeted are deeply involved in the research. Never mind that “cap and Trade” costs would be passed onto the consumer, raising energy and fuel costs at the retail end placing an even higher burden on a struggling economy. Never mind that the entire process is being driven by a government that has swallowed steroids for regulatory growth and expanded government dependency.
Now, an internal memo about CO2, the EPA and the questionable science behind it has surfaced. This memo mentions politically driven motives above science, questions the premise of hazardous CO2 and lifts the hood on the entire debate of CO2, human-caused climate change and political power grabs. Face it. If there is a viable question about the validity of CO2 hazards put forth by a government with an agenda, then it only follows that many of the “facts” we’re being subjected to by the “green” government and a media sympathetic to those goals is also suspect.
A great read on this memo, video from the government committee meeting which references it and more “caught in the headlights” fun is online here: wattsupwiththat
The Pontiac brand is being put out by General Motors. Is this a move of logic by General Motors or is this a pressure move from the Federal Government which stands to take over more than 50% of GM stock in cancelling a chunk of bailout debt? Pontiac is a “performance” brand name with a history of muscle cars, sports cars and racing heritage. The current administration is certainly waist deep in “green” cohorts and may not want to have a controlling interest in a brand known for burning rubber and turning fast laps. Is Pontiac really losing money or is it a show of “green” power? Currently, Pontiac power plants and car models are running and winning on the track. Just recently at Virginia International Raceway, a Pontiac powered Daytona Prototype won the class in the Bosch Engineering 250. On the same track running with the DP class, a Pontiac GXP.R won the GT class. Pontiacs are selling. They are out on the road with their split grills and diamond point logos. So the question remains… are they really losing so much on the showroom floor? More so than other brands…? Really?
It is coming. Faster than ever before and with more mass behind it than could ever be imagined by thousands of Birkenstock wearing, self-proclaimed hippies. Of Course we’re talking about “Earth Day”.