Re: 'Lectro bike price drop

On Thu, 12 Nov 2009 07:20:45 -0500, "Vito" <vito@xxxxxxxxxx> wrote:

<.p.jm.@xxxxxxxxxxxxxxxxxxxxxxxxxx> wrote|
| Apparently you haven't heard of Waxman - Markely aka 'Cap 'n
| Tax'.
|
not the details. Kindly elaborate.


Scary shit. Complete government take-over of the energy
sector. Incredible new taxes, to the tune of 3 trillion / year and
rising, etc. It's also the same bill Boxer rammed through her Senate
committee last week. aka 'Kerry - boxer'.

It's intention is to make all forms of energy so f'ing
expensive, we'll use less because we have no choice.

Here's a few tidbits ( not transportation related )

Thinking about selling your house - A look at H.R. 2454 (Cap and trade
bill)

All that remains to become law is to get it thru the Senate and the
President's signature, as of this writing!

Home owners take note & tell your friends and relatives who are home
owners!!! Beginning 1 year after enactment of the Act, you won't be
able to sell your home unless you retrofit it to comply with the
energy and water efficiency standards of this Act.

H.R. 2454, the "Cap & Trade" bill passed by the House of
Representatives, if also passed by the Senate, will be the LARGEST
INDIVIDUAL TAX INCREASE any of us has ever experienced. The
Congressional Budget Office (supposedly non-partisan) estimates that
in just a few years the average cost to every family of four will be
$6,800 per year. No one is excluded. However, once the Lower Paid
classes feel the pinch in their wallets, you can be sure these voters
get a tax refund (even if they pay no taxes at all) to offset this new
cost. Thus, Middle Class America will have to pay even more since
additional tax dollars will be needed to bail out everyone else.

But wait. This bill (that NO ONE IN CONGRESS has actually read) has
many more surprises in it.

Probably the worst one is this: A year from now you won't be able to
sell your house unless
you have enough money to make required major upgrades to your home.
Even pre-fabricated homes ("mobile homes") are included. In effect,
this bill prevents you from selling your home without the permission
of the EPA administrator.

To get this permission, you will have to have the energy efficiency of
your home measured. Then the government will tell you what your new
energy efficiency requirement is and you will be forced to make
modifications to your home under the retrofit provisions of this Act
to comply with the new energy and water efficiency requirements. Then
you will have to get your home measured again and get a license
(called a "label" in the Act) that must be posted on your property to
show what your efficiency rating is; sort of like the Energy Star
efficiency rating label on your refrigerator or air conditioner. If
you don't get a high enough rating, you can't sell. And the EPA
administrator is authorized to raise the standards every year, even
above the automatic energy efficiency increases built
into the Act.

The EPA administrator, appointed by the President, will run the Cap &
Trade program (AKA the "American Clean Energy and Security Act of
2009") and is authorized to make any future changes to the regulations
and standards he alone determines to be in the government's best
interest. Requirements are set low initially y so the bill will pass
Congress; then the Administrator can set much tougher new standards
every year. The Act itself contains annual required increases in
energy efficiency for private and commercial residences and buildings.
However, the EPA administrator can set higher standards at any time.

Sect. 202 Building Retrofit Program mandates a national retrofit
program to increase the energy efficiency of all existing homes across
America . Beginning 1 year after enactment of the Act, you won't be
able to sell your home unless you retrofit it to comply with the
energy and water efficiency standards of this Act. You had better sell
soon, because the standards will be raised each year and will be
really hard (i.e., expensive) to meet in a few years. Oh, goody! The
Act allows the government to give you a grant of several thousand
dollars to comply with the retrofit program requirements if you meet
certain energy efficiency levels. But, wait, the State can set
additional requirements on who qualifies to receive the grants. You
should expect requirements such as "can't have an income of more than
$50K per year", "home selling price can't be more than $125K", or
anything else to target the upper middle class and prevent them from
qualifying for the grants. Most of us won't get a dime and will have
to pay the entire cost of the retrofit out of our own pockets.

Sect. 204 Building Energy Performance Labeling Program establishes a
labeling program that for each individual residence will identify the
achieved energy efficiency performance for "at least 90 percent of the
residential market within 5 years after the date of the enactment of
this Act." This means that within 5 years 90% of all residential homes
in the U.S. must be measured and labeled.

The EPA administrator will get $50M each year to enforce the labeling
program. The Secretary of the Department of Energy will get an
additional $20M each year to help enforce the labeling program. Some
of this money will, of course, be spent on coming up with tougher
standards each year. Oh, the label will be like a license for your
car. You will be required to post the label in a conspicuous location
in your home and will not be allowed to sell your home without having
this label. And, just like your car license, you will probably be
required to get a new label every so often - maybe every year. But,
the government estimates the cost of measuring the energy efficiency
of your home should only cost about $200 each time. Remember what they
said about the auto smog inspections when they first started: that in
California it would only cost $15. That was when the program started.
Now the cost is about $50 for the inspection and certificate; a 333%
increase. Expect the same from the home labeling program.

Sect. 304 Greater Energy Efficiency in Building Codes establishes new
energy efficiency guidelines for the National Building Code and
mandates at 304(d) that 1 year after enactment of this Act, all state
and local jurisdictions must adopt the National Building Code energy
efficiency provisions or must obtain a certification from the federal
government that their state and/or local codes have been brought into
full compliance with the National Building Code energy efficiency
standards.


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Relevant Pages

  • H.R. 2454 (Cap and trade bill)
    ... Beginning 1 year after enactment of the Act, ... you will have to have the energy efficiency of your ... EPA administrator is authorized to raise the standards every year, ...
    (rec.equestrian)
  • Re: Bankrupt america will requires a LICENSE for your home
    ... Beginning 1 year after enactment of the Cap and Trade Act, ... To get this permission,you will have to have the energy efficiency of your ... 204 Building Energy Performance Labeling Program ...
    (alt.religion.islam)
  • Re: (OT) A license Will Be Required For Your House
    ... A License Required for your HOUSE? ... Beginning 1 year after enactment of the Cap and Trade Act, ... able to sell your home unless you retrofit it to comply with the energy ... energy efficiency requirement is and you will be forced to make ...
    (alt.autos.toyota)
  • Re: (OT) A license Will Be Required For Your House
    ... A License Required for your HOUSE? ... Beginning 1 year after enactment of the Cap and Trade Act, ... able to sell your home unless you retrofit it to comply with the energy ... energy efficiency requirement is and you will be forced to make ...
    (alt.autos.toyota)
  • Re: OT: How a Flawed 2004 S.E.C. Decision Contributed to Present Morass
    ... Americans that we had to conserve, conserve, conserve. ... Conservation of energy is just fine. ... Energy efficiency is just fine, ... Basically, it uses reflectors instead of solar panels to concentrate light/heat to a central point, where a device turns that heat into energy. ...
    (rec.gambling.poker)