Who's Ready for Cap and Trade?

Basically, President Obama is. Why? Because I might be wrong but I doubt that he has to cover the utility bills in the White House.

Now is the time to prepare your home to reduce your electricity and gas bills as much as possible.

Officially, the cap and trade policy (read "energy tax") would only up the national energy cost by $646 billion. But Ernest Istook of the Heritage Foundation estimates that the average American household wil be ponying up an additional 50%.

So what is this policy? In a nutshell, the cap is a government-mandated legal limit on what volume of greenhouse gases that a region can emit each year. Trade means that companies can swap among themselves the permission – or permits – to emit greenhouse gases.

More, when the price of petroleum spikes again, as it will thanks to Venezuela and those lovely Middle Easterners.

I don't know about you, but I'm not exactly swimming in disposable income.

But to compound the future gasoline prices, the United Nations has sent up a trial balloon on an international gasoline tax. They're calling it the "green new deal". Obama has already demonstrated how sweet he is on the UN. It's not a stretch to assume that he will embrace this plan as well.