pocketfullofshells
Well-Known Member
Cap and Trade basically taxes business for using products like oil that are not friendly to the environment. Plastic is made using oil. I would wager that a majority of the country uses plastic and a majority of the country does not make $250,000 a year.
Therefore, if you make it more expensive in all stages of the chain to create a product like a bottle of water for example, that cost will get passed on to the person buying that water.
When the producer of the plastic must pay more to make it, and more to ship it, and more to basically do anything to it, they are not going to say "oh well it is for the good of the Earth." What they are going to do is calculate their costs and then pass them on to the customer. I would wager that a majority of customers do not make $250,000 plus a year. Therefore, they are getting hurt under this plan.
Any job created under this plan is basically a job lost in the old manufacturing system as well, so there is no real gain except we pay more for things in the short term. Obama predicts that the impact will be minimal, but most of his predictions on economic factors have failed to date. Most business is against the idea, and it is widely believed that this will cause prices to go up across the board on many things. To what extent can be debated, but even the President admits there will be an increase.
first I am not sure how you make a judgement on his econ predictions when they are all for long term, no one expected a next day turn around. But things are getting better, as someone in sales, I can get a good sense , and the numbers are showing the right signs for a turn.
Next of course buisnesses are against it when it can cost some of them money...if it was up to them they would pay for nothing. They would love to pollute for free all they can , fact is there are costs to there pollution in health and envirment and someone has to pay for them. The companies of the US are not going to cut pollution just to be good, .