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Thread: Transfer payments coming for government imposed skyrocketing energy costs

  1. #1
    Senior Member Revere's Avatar
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    Default Transfer payments coming for government imposed skyrocketing energy costs

    http://blog.heritage.org/2010/05/12/...w-energy-bill/

    If the massive new bill stalls from its own complexity, Sen. Harry Reid says he’ll pursue a simpler-but-still-costly backup plan: Dictating that an ever-increasing portion of electric power must be generated from sources other than fossil fuels—a so-called RES “renewable energy standard” which by itself could cost a million jobs as well as higher electric bills averaging $2,400 a year for a typical family.

    Just like the Kerry-Lieberman bill, the RES would force higher bills on unwilling and skeptical Americans.

    [...]

    But according to handouts from Kerry and Lieberman, “roughly two-thirds of the revenues generated by the new law would be passed back to consumers through energy bill discounts or direct rebates”. That sounds like a store that jacks up prices then offers a “discount” that still leaves a 33% price hike.

  2. #2

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    I think there are 28 states already with mandatory legislation out there. There are different programs set up through the USDA and other giving goverment match up to $90/ton for low btu renewable sources. It is the ultimate fuck the consumer in the ass program..

    http://www.pewclimate.org/what_s_bei...states/rps.cfm
    The Shadow Party derives its power from its ability to raise huge sums of money. By controlling the Democrat purse strings, the Shadow Party can make or break any Democrat candidate by deciding whether or not to fund him. During the 2004 election cycle, the Shadow Party raised more than $300 million for Democrat candidates, prompting one of its operatives, MoveOn PAC director Eli Pariser, to declare, 'Now it’s our party. We bought it, we own it…'

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