Obama’s Undemocratic Plan to Tax Everything You Do and Send the Money to Kuwaiti Millionaires

Despite the 5,800 miles between them, events yesterday in Poznan, Poland, and Sacramento, California, shed a frightening light on the direction President-elect Barack Obama’s administration wants to take our country on energy policy. First in Poznan, Sen. John Kerry (D-MA) promised delegates at an international climate conference that “Congress and the president-elect are committed to movement on mandatory goals as rapidly as possible.” According to Obama’s transition website, the preferred enforcement mechanism for these mandatory goals would be a cap-and-trade system for greenhouse gas emissions, which any honest economist will tell you is really just a energy tax dressed up in drag. Meanwhile, in Sacramento, the unelected California Air Resources Board approved “the nation’s most sweeping plan to reduce global warming by curbing emissions.” Like Obama’s plan, California’s plan features “an elaborate cap-and-trade program” at its core.

What makes California’s cap-and-trade plan so scary is that voters never had, and never will have, an opportunity to debate and vote on its implementation. The plan is being implemented entirely through the administrative process. None of the members of California board has ever, or will ever, face the voters. They are appointed by the governor.

Could a similar thing happen on the federal level? Yes. Obama has already signaled he will pursue a similar route. Earlier this month he appointed two co-chairmen to his EPA transition team who are leading advocates of using authority from the Clean Air Act to implement a national cap-and-trade system through the EPA without congressional approval. In fact, the EPA has already begun that rule-making process. The plan would invasively regulate every sector of the American economy, ultimately cost 2.9 million manufacturing jobs and reduce aggregate gross domestic product by $6.9 trillion by 2029. The EPA does not take a position on whether the allowances of the cap and trade plan will be given away or auctioned off. But with liberals in charge, it is almost guaranteed cap and trade will be treated as a government cash cow. Continue reading . .


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