With Fiscal Cliff Looming, California Steps On Gas, Implements Cap-and-Trade

Posted by Brian

You're driving down a barren stretch of road.  Signs tell you to turn around, that the road ends at a cliff.  You slow down and turn around, right?  Not if you're Governor Jerry Brown and an overwhelmingly Democrat State House.  You ignore the signs and press the gas pedal to the floor.

That is what the Governor Brown and the Democrats are doing to an anemic California economy.  With some of the highest unemployment rates, record numbers of people on food stamps and welfare, while businesses and entrepreneurs like billionaire Steve Woszniak fleeing the state, California lawmakers are implementing a Cap-and-Trade law that will put the air brakes on an economy already struggling.

California has literally hundreds of towns and cities with unemployment above 13%, and over 20 California cities above 30%!

Cap-and-Trade will continue the downward spiral of a once-great state, and lead to a mass exodus of both small business and an already fiscally devastated population.

CA IMPLEMENTS CAP AND TRADE TOMORROW
by BEN SHAPIRO  13 Nov 2012

Beginning Wednesday, the state of California will implement a “cap and trade” system designed to curb carbon emissions and cripple the state’s economy. Well, actually, it’s just designed to curb carbon emissions. Crippling the state economy is merely a nifty byproduct.

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• Calif. Chamber of Commerce Sues to Invalidate Cap-and-Trade Auctions (blogs.kqed.org)

Shazam!! Another Taxpayer Backed "Green Energy" Company Goes Belly Up

Posted by Brian

Second Energy Department-backed company goes bankrupt
By Ben Geman- 10/31/11 07:04 AM ET

A Massachusetts company that received a $43 million Energy Department loan guarantee last year filed for bankruptcy Sunday, a step certain to fuel criticism of federal green energy financing in the wake of the solar company Solyndra’s collapse.

Beacon Power Corp., which develops energy storage systems, filed for bankruptcy protection in the U.S. Bankruptcy Court in Delaware.
Read More at The Hill

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• Another Obama Taxpayer-Funded Eco-Scam Goes Belly Up (sfcmac.wordpress.com)
• Obama Administration Has O-Crap Moment! Government Looses $39 Million Dollars (pobeptsworld.wordpress.com)
• Solyndra Asks Bankruptcy Judge To Allow $500K In Bonuses (sanfrancisco.cbslocal.com)
• CBS Exposes 'the New Solyndras' - Will ABC and CBS Follow Suit? (papundits.wordpress.com)
• BOMBSHELL CBS REPORT: 11 More Solyndras In Obama Energy Program, 5 Going Bankrupt !! (agirlwhoknowsherownmind.wordpress.com)

Finally! A Campaign Promise That Obama Has Kept

Posted by Brian
Obama is finally keeping a promise that he made on the campign trail in 2008.  The Obama EPA is causing electricity rates to skyrocket with new regulations on the coal industry.
Here is what he said:


For those of you who voted for him expecting free gas and that he would pay your mortgage with all that "Obama money", here is your hope and change..


Coal Regs Would Kill Jobs, Boost Energy Bills

By Paul Bedard
Posted: June 8, 2011

Two new EPA pollution regulations will slam the coal industry so hard that hundreds of thousands of jobs will be lost, and electric rates will skyrocket 11 percent to over 23 percent, according to a new study based on government data.


Overall, the rules aimed at making the air cleaner could cost the coal-fired power plant industry $180 billion, warns a trade group.
READ MORE HERE--->  http://www.usnews.com/news/blogs/washington-whispers/2011/06/08/coal-regs-would-kill-jobs-boost-energy-bills

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• Death By A Thousand Rules: EPA's Drive To Kill Coal - HUMAN EVENTS (gds44.wordpress.com)
• Coal Regs Would Kill Jobs, Boost Energy Bills (usnews.com)

SF Judge Throws Out California Cap and Trade

Posted by Brian

California Global Warming Regulations Voided By Judge
Thomas Lifson - The American Spectator

California's sweeping plan to institute cap and trade and regulate "greenhouse gases" has been thrown out by a San Francisco judge.

SFGate.com reports:

The California Air Resources Board violated state environmental law in 2008 when it adopted a comprehensive plan to reduce greenhouse gases and again last year when it passed cap-and-trade regulations, a San Francisco Superior Court judge has ruled in a tentative decision.
READ MORE HERE--->
Cap-and-Trade Bores You?