tag:blogger.com,1999:blog-848541039913019341.post4115186379870289294..comments2023-10-01T06:34:39.919-06:00Comments on Random Musings of a Tormented Mind: Cap and Trade - UpdatedKGouldhttp://www.blogger.com/profile/05537080163900313558noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-848541039913019341.post-23600886255643680732009-06-08T08:41:05.898-06:002009-06-08T08:41:05.898-06:00Good post Kez - a timely reminder, particularly as...Good post Kez - a timely reminder, particularly as we enjoy our June snow in this period of unprecidented "warming".Robert G. Harvie, Q.C.https://www.blogger.com/profile/10414822301931567654noreply@blogger.comtag:blogger.com,1999:blog-848541039913019341.post-39907700674777471392009-06-06T07:49:21.588-06:002009-06-06T07:49:21.588-06:00Yes that's true lol.
I would like to place an...Yes that's true lol.<br /><br />I would like to place an order for some of this global warming though - I would like a little bit over here please! It's June 6th and two days ago it was 27C, giving my a nice sunburn too - and right now I am staring out my window at SNOW.<br /><br />Snow that is even sticking to the ground! Snow that is freezing on the previously-warmed-up trees and making them sag to the ground. What's this? The cold air is killing plant life? One apple tree won't produce already this year due to frost bite, the poor thing. Now the problem could be more wide-spread.<br /><br />What did our weather forecasters say? Oh that's right, RAIN. Not snow. RAIN. But I am supposed to believe someone that tells me what weather is going to be like in 100 years, when no one can tell me what it's going to be like this afternoon with any real certainty. <br /><br />And pay through the nose to support the unproven theory on top! Oh what a joyously free world we now live in.KGouldhttps://www.blogger.com/profile/05537080163900313558noreply@blogger.comtag:blogger.com,1999:blog-848541039913019341.post-2332715650825322682009-06-06T07:15:40.974-06:002009-06-06T07:15:40.974-06:00A less disingenuous title for this hidden tax grab...A less disingenuous title for this hidden tax grab would be “Cap, Tax & Trade”. At least Dion was honest enough to call his carbon tax a tax.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-848541039913019341.post-14814384858330887402009-06-05T17:51:35.501-06:002009-06-05T17:51:35.501-06:00Thank you for putting this into more detail. The w...Thank you for putting this into more detail. The way I look at it, even if goods and services only appear to increase in cost slightly for consumers, when you add up the grand total at the end of each month and year, it is quite substantial. And low income families are going to feel the hit just as hard or harder than anyone else, but they are being led to believe the govt has their best interests at heart.KGouldhttps://www.blogger.com/profile/05537080163900313558noreply@blogger.comtag:blogger.com,1999:blog-848541039913019341.post-24507037720861829732009-06-05T17:44:26.765-06:002009-06-05T17:44:26.765-06:00The situation as described is reasonably accurate ...The situation as described is reasonably accurate when one assumes that the costs from the principal producer is passed on as a direct cost increase. The problem is that there is a cost multiplier at every step of any process.<br />Assume the following for example: each handler of the product operates at a 10% markup on costs and each handler also gets hit with a 10% increase in costs to cover their emissions. Also, assume that a single barrel of oil from the oilsands gets tagged with a $1.00 per barrel cost.<br />From the oilsands extraction plant the $1.00 increase is added to the cost to the refiner. To this, add an addition 10% for the refiners cap & trade cost which means that barrel of oil now costs $1.00 + 10% + 10% in markup and the selling price from the refiner is now $1.21 higher than previously.<br />From there the refiner ships part of that barrel to a polyethylene producer who is now hit with a 21% increase. To this is added the cost for emissions from this producer plus the 10% markup. From there the pelletized polyethylene goes to another processor remelts the plastic and uses it to coat electrical wiring. This processor also gets hit with the increased purchasing cost but is also required to pay a 10% tariff due to cap & trade and also adds a 10% markup. The original $1.00 a barrel cost has now escalated until it has nearly doubled by the time the consumer gets the product. This is to say nothing of the added costs for copper due to cap & trade penalties or the increased cost of shipping.<br />This is not to say that the final price to the consumer will double since a barrel of oil produces only a small proportion of ethylene, but it is indicative of how the multiplier effect will be felt at every step of the processing of the original barrel of oil. While the price of individual items will increase only slightly, the overall effect will be to have this increased cost make a cumulative price increase substantial.Anonymousnoreply@blogger.com