A Comment About

Growing Cap-and-Trade on the Tax Farm

April 2, 2009 - 12:02 pm - by Robert Zubrin
Eric
2009-04-02 19:34:28

Cap & Trade is not much more than a European style VAT tax.

If the eco-Marxists would stop their insane obstructionism we could drill for our own oil, tap our vast shale resources and in time become net oil exporters. We have more oil than any nation on earth. If we converted coal to fuel we have centuries worth of fuel.

What we lack is political will. And what would the government do for money if their cap and trade tax actually reduced energy consumption? Then they would be in the same place they find themselves when they raise cigarette taxes and expect people to keep smoking.

This is nothing more than a massive tax grab that will further centralize power in our corrupt, out of control federal government.