BaconHound Posted April 28, 2016 Report Share Posted April 28, 2016 I was going to have a discussion about how Cap and Trade has been successfully implemented in California and then was like oh fuck them fuckers are changing the picture on the paper I trade for goods and services, fuck no! Link to comment Share on other sites More sharing options...
calfoxwc Posted April 28, 2016 Report Share Posted April 28, 2016 I got yer stupid redistribution of wealth cap and trade right here: https://assets.enviance.com/repository/pdf/economic_impact_of_capandtrade_study.pdf We have estimated the following impacts: → An annual effective cost increase to the typical family of four to be $818 the first year growing to $2800 in 2020, if market clearing prices for permits are $60 dollars per ton. Those figures are $270 and $930 if permit prices are at $20 and as much as $2720 to over $9330 per family if prices clear at $200 per ton. Costs increase for most goods and services. These cost increases are average for the population, although some residents may be compensated through a partial return of auction revenues. → Annual job losses to the California Economy of 76,000 to 107,000 the first year growing to perhaps 485,000 jobs in 2020, assuming a market clearing price of $60 per ton. These are net jobs losses, accounting for lost jobs and for jobs created by redirecting revenues collected from the auctions. →Lost economic activity of nearly 2% of gross state product, or about $250 to 350 billion over ten years. Much of this derives from reductions in productivity across the economy, and negative trade implications due to reduced competitiveness. Table 1 Summary Findings of Net Impact Year and Permit Clearing Price Impact on Family Jobs Lost 2012 @$60 $818 76,000-107,000 @$20 $270 25,500-35,700 @$200 $2720 255,000 2020 @$60 $2800 485,000 @$20 $930 162,000 @$200 $9330 1,617,000 There is uncertainty about how auction revenues would be re-distributed in the economy. To the extent the revenue is captured in a special fund under the control of CARB, the legislature would have limited state budget authority and flexibility. This is a significant concern given the potentially large amount of revenue (collecting in 8 years, fully 120% of the single year 2009/2010 state budget1 ) to be raised by an auction tax. Link to comment Share on other sites More sharing options...
BaconHound Posted April 28, 2016 Report Share Posted April 28, 2016 I got yer stupid redistribution of wealth cap and trade right here: https://assets.enviance.com/repository/pdf/economic_impact_of_capandtrade_study.pdf We have estimated the following impacts: → An annual effective cost increase to the typical family of four to be $818 the first year growing to $2800 in 2020, if market clearing prices for permits are $60 dollars per ton. Those figures are $270 and $930 if permit prices are at $20 and as much as $2720 to over $9330 per family if prices clear at $200 per ton. Costs increase for most goods and services. These cost increases are average for the population, although some residents may be compensated through a partial return of auction revenues. → Annual job losses to the California Economy of 76,000 to 107,000 the first year growing to perhaps 485,000 jobs in 2020, assuming a market clearing price of $60 per ton. These are net jobs losses, accounting for lost jobs and for jobs created by redirecting revenues collected from the auctions. →Lost economic activity of nearly 2% of gross state product, or about $250 to 350 billion over ten years. Much of this derives from reductions in productivity across the economy, and negative trade implications due to reduced competitiveness. Table 1 Summary Findings of Net Impact Year and Permit Clearing Price Impact on Family Jobs Lost 2012 @$60 $818 76,000-107,000 @$20 $270 25,500-35,700 @$200 $2720 255,000 2020 @$60 $2800 485,000 @$20 $930 162,000 @$200 $9330 1,617,000 There is uncertainty about how auction revenues would be re-distributed in the economy. To the extent the revenue is captured in a special fund under the control of CARB, the legislature would have limited state budget authority and flexibility. This is a significant concern given the potentially large amount of revenue (collecting in 8 years, fully 120% of the single year 2009/2010 state budget1 ) to be raised by an auction tax. I'm not going to post the 30+ links that discuss the positive results from the implementation as opposed to your speculation piece from 2010. Link to comment Share on other sites More sharing options...
calfoxwc Posted April 28, 2016 Report Share Posted April 28, 2016 go ahead. It will be about how they cap and traded extortion money out of companies and californians. Read what I posted. The extra cost to consumers. That's a whole lot of people who have to pay an extra 800 bucks for energy. asswipes. Link to comment Share on other sites More sharing options...
Westside Steve Posted April 28, 2016 Report Share Posted April 28, 2016 I was going to have a discussion about how Cap and Trade has been successfully implemented in California and then was like oh fuck them fuckers are changing the picture on the paper I trade for goods and services, fuck no! That's a strange pivot for a Harriet Tubman thread. WSS Link to comment Share on other sites More sharing options...
BaconHound Posted April 28, 2016 Report Share Posted April 28, 2016 go ahead. It will be about how they cap and traded extortion money out of companies and californians. Read what I posted. The extra cost to consumers. That's a whole lot of people who have to pay an extra 800 bucks for energy. asswipes. What you posted was a 2010 speculation piece. In 2013 AB 32 was enforceable in California and the three year history has been positive. So you can continue to trumpet what was possible in 2010 and I'll continue to discuss what is reality in 2016. Link to comment Share on other sites More sharing options...
calfoxwc Posted April 28, 2016 Report Share Posted April 28, 2016 wrong. Here's a recent study that shows serious job loss because of cap and trade. http://www.washingtonexaminer.com/study-cap-and-trade-kills-jobs/article/2558201 Link to comment Share on other sites More sharing options...
BaconHound Posted April 28, 2016 Report Share Posted April 28, 2016 wrong. Here's a recent study that shows serious job loss because of cap and trade. http://www.washingtonexaminer.com/study-cap-and-trade-kills-jobs/article/2558201 Again this paper was regionally done in the NORTHEAST, not California. Link to comment Share on other sites More sharing options...
calfoxwc Posted April 29, 2016 Report Share Posted April 29, 2016 in principle, it's the same thing. cap and trade. read: http://www.prnewswire.com/news-releases/california-to-lose-18000-jobs-in-2015-due-to-hidden-gas-tax-275324941.html Link to comment Share on other sites More sharing options...
BaconHound Posted April 29, 2016 Report Share Posted April 29, 2016 in principle, it's the same thing. cap and trade. read: http://www.prnewswire.com/news-releases/california-to-lose-18000-jobs-in-2015-due-to-hidden-gas-tax-275324941.html Again this is a speculation piece. Everyone tried to predict the apocalypse and it didn't happen. http://www.latimes.com/business/hiltzik/la-fi-hiltzik-20150613-column.html http://www.dailynews.com/environment-and-nature/20150731/why-hasnt-californias-cap-and-trade-pollution-program-been-a-model-for-us Link to comment Share on other sites More sharing options...
Clevfan4life Posted May 1, 2016 Report Share Posted May 1, 2016 I'll be honest, I wasn't expecting much from you, and you still disappointed. Why were expecting anything at all ftom a man who still has mommy wash his steelers undies? Link to comment Share on other sites More sharing options...
Westside Steve Posted May 1, 2016 Report Share Posted May 1, 2016 Why were expecting anything at all ftom a man who still has mommy wash his steelers undies? Correction Steelers underwear is not customarily washed. WSS Link to comment Share on other sites More sharing options...
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