The Cost Of Cap And Trade By State

Proof • June 24, 2009

Here’s a chart, courtesy of the National Mining Association, of how much cap and trade, the Waxman-Markey Act (HR 2454), will cost (or in a few instances benefit) each state in the United States:

Based on the allowance allocation formula in H.R. 2454 for electricity consumers, the red states will not have enough allowancesto cover their emissions from electricity generation. The shortfall in allowances to the red states will lead to higher electricity costs for consumers, the total of which will roughly correlate with the dollar losses noted on the map. For example, Texas electricity consumers will see electricity costs go up by roughly $1 billion. To make up the shortfall, red states will have to seek high-cost, non-CO2 emitting electricity sources, reduce electricity production and consumption, or purchase allowances from the green states, or purchase domestic and international offsets, likely a combination of the three.

Obama said yesterday that only the polluters would pay for cap and trade. As it turns out, almost all of us are the polluters.

Tags: Asshats, Domestic Issues, Politics

http://Array SigFan

Interesting that the states that benefit are concentrated on the East and West coast (other than SD and ID). Given that they are the heavily populated and liberal bastions they are is this just a coincidence or is there something else that drives these states to benefit while the rest of the country takes it up the 'chute? I'm just sayin', maybe this is why the liberals think Cap and Rape is such a wonderful thing. No skin off their pocketbooks right.
badlands4

Everyone is a polluter apparently. I couldn't see the map well enough to see what the number in ND is. Can anybody else tell me?
Bat One

SigFan,

Kinda reminds ya of the Dems' proposal to tax everyone's healthcare benefits except those of labor union members, doesn't it? Federal fiscal policy is being used to reward supporters and punish opponents. Exactly the sort of corruption one expects of Democrats.
SigFan

Federal fiscal policy is being used to reward supporters and punish opponents. Exactly the sort of corruption one expects of Democrats.

There is nothing new under the sun, and the dems just keep proving that axiom over and over. The truly remarkable thing is that the people keep falling for it over and over.
mplsbob

That graph only represents the electricity. Add to that any manufacturing companies in the U.S. will be paying more money than what it is worth having a business in the U.S. Say goodbye to manufacturing.
http://www.moszer.net/ Moszer

FYI. Pomeroy is apparently voting against the Waxman bill in it's current form. At least that is what his staffers are saying.

Still doesn't hurt to call the jerk I guess.
http://forums.kikizo.com/ Eddie_the_Hated

Does anybody else notice a commonality in the political leanings of the states looking to benefit from Cap'n Trade?
Spartacus

Cap And Trade

Can we start calling it by what it really is? Cap and Tax! A turd by any other name still smells like shit!
tresa

It is interesting that small states, polulation wise like ND are being hit for 260 billion dollars….twice as much as MN. It appears that the more republican your state is, MN being about 60%, ND more like 80%, TX like 90% the more that state is paying out with the exception of SD. I find it more interesting that huge states with horrible rates of pollution like Boston and CA which are very overpopulated are getting a rebate…..but hey those are big democratic states and one is home to Kerry. This thing reaks and if it passes it will just be one more reason that the dems will loose even more seats in 2010

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The Cost Of Cap And Trade By State

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