Tuesday, February 17, 2009

Trust, but Verify CAP & TRADE for Yourself OR "The Experts Missed the Housing Crisis"

My liberal, thoughtful, and intelligent son and daughter-in-law and my more moderate, scientific/fact-oriented daughter and son-in law frequently remind me that it is important to give people a taste of what I am reading to arrive at the conclusions that I do. For many reasons, their advice makes a lot of sense.

In a word of such constant “Orwellian messaging”, Gen Xer’s and Millennials (Gen Y’s) have developed into skeptical and independent thinkers not easily led to water. That gives me hope since my own generation, none of whom could vote for John Kennedy or Richard Nixon in 1960, voted first for Lyndon Johnson and then for Richard Nixon and Jimmy Carter---hardly a roster to inspire trust in a generation. So because my children were strong learners and now good teachers in their own right, here are some of the sources that I read over the past year that helped me formulate my huge skepticism over whether a Cap and Trade system, to reduce green house gasses, will work as opposed to make a lot of corporate interests, the government and investment houses rich. Remember the genesis of the housing crisis!

I hope that you will notice that my readings are comprehensive and range from Mother Jones to Business Report to newspapers, from the Huffington Post, the U.S. Carbon Report, WSJ, and Cleantech. While I have only included a few “academic” sites there are many that I will post on my soon-to-be running website. Diversity of opinions is both stimulating and fun but we cannot afford what I call “diversity of facts.” Arriving at some understanding of the facts requires effort and some intellectual rigor, characteristics often lacking in our contemporary media-theatre.

In any case, here are some places for you to go to check out what I have been reading and to determine for yourself what you think about big government, big corporate, big investment house, Cap and Trade. My view is that if they all like it, the American consumer/taxpayer can't afford it!#$*$$$!


Nobody's Talking Cap-And-Trade Now, But Goldman Sachs Bets On It http://www.huffingtonpost.com/2008/10/27/nobodys-talking-cap-and-t_n_138083.html
Waxman Vows to Pass Carbon Cap as Republicans Promise ‘Battle’
http://www.bloomberg.com/apps/news?pid=20670001&refer=&sid=aeyvIQW_L6bQ
Cap and Trade makes Strange Bedfellows
http://uscarbonreport.com/cap-and-trade-makes-strange-bedfellows/
Carbon markets conference under way
http://www.bizjournals.com/southflorida/stories/2009/01/12/daily49.html
Industry, environmentalists gang up on climate
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/01/15/BUPV15BBN9.DTL
Cap and Trade
http://www.motherjones.com/kevin-drum/2008/12/cap-and-trade
Obama administration could fast track cap-and-trade, RPS in '09
http://cleantech.com/news/print/4081
3.2.1. Positions of the Parties: California Legislation
In this section, we summarize the input received from parties on the subject of the type of regulation appropriate for the electricity sector in California.
3.2.1.1. Cap-and-Trade System
http://docs.cpuc.ca.gov/PUBLISHED/FINAL_DECISION/80150-02.htm
Comments of Morgan Stanley Capital Group, Inc.
Western Climate Initiative Work Plan and Design November 30, 2007
www.westernclimateinitiative.org/ewebeditpro/items/O104F14469.pdf
HOW’S THE CARBON OFFSET BUSINESS? GOLDMAN SACHS BUYS IN
www.energystocksblog.com/2008/10/29/how’s-the-carbon-offset-business-goldman-sachs-
Another Inconvenient Truth
www.businessweek.com/magazine/content/07_13/b4027057.htm
F.T.C. Asks if Carbon-Offset Money Is Well Spent---“Greenwashing”
http://www.nytimes.com/2008/01/09/business/09offsets.html
Carbon Offsets: Government Warns of Fraud Risk: NPR
www.npr.org/templates/story/story.php?storyId=17814838

1 comment:

  1. Wow. How do you sleep at night? "The experts missed the housing crisis?" No. REAL experts (like, the ones who studied economics), saw it coming. I learned about it 2005 in my freshman economics class at the University of Florida. But back in '05 people like YOU said things like:

    "The capital gains exclusion for the sale of principal residences makes real estate a fabulous long-term investment,” says Dorfman.“ As the chief operating officer for the Minnesota Association of Realtors, wouldn't you be one of the "Experts who missed the housing crisis?" I use the term expert loosely.

    SO, here are some of the sources that I read over the past few minutes that helped me formulate my huge skepticism over whether you have any idea what you're talking about, OR whether you're a liar who is trying to make a lot of corporate interests, the government (at least when W was around) and investment houses rich. Remember the genesis of the housing crisis! I DO! You clearly don't.

    Check out how sound Glenn Dorman's advice is:
    http://www.paradeofhomes.org/press-releases/press-releases-read.aspx?id=36

    This is what I found out about you from checking out the first page of google. I have no doubt there's more.

    ReplyDelete