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Old 06-29-2009, 08:20 AM   #8 (permalink)
Baraka_Guru
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Quote:
Originally Posted by aceventura3 View Post
The point of all of this is that in the big scheme of things the marginal impact of this legislation is going to be virtually nil. The costs on the other hand will have a big impact on ability to compete with other nations economically.
There aren't many competitive nations who aren't already doing far more than the U.S. when it comes to emissions reduction and increasing capacity for renewable energy. If anything, the U.S. is playing catch-up to many others, even several developing nations.

Quote:
Originally Posted by aceventura3
One fact many are ignoring is, for example, if it costs an oil company more money to refine oil in the US, they will import more refined oil. We will face less investment in domestic oil refineries and some closed or the production reduced. the demand will be replace with refined oil coming from places with lower costs. and the net impact on the planet will be zero. If everyone in the world is not playing by the same rules, what is the point?

This bill is not only a tax on Americans, but a job and business killer.
You have nothing to say about the businesses and jobs that will be created from an increasing demand for process efficiency to reduce emissions? What about renewable energy development? No jobs there?
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