WV Forum for News, Politics, and Sports
Would you like to react to this message? Create an account in a few clicks or log in to continue.

There's Gold in that thar Cap n' Trade thingy.

2 posters

Go down

There's Gold in that thar Cap n' Trade thingy. Empty There's Gold in that thar Cap n' Trade thingy.

Post by SamCogar Thu May 07, 2009 6:58 am

Chicago Climate Exchange Has Important Partner: Sen. Richard Lugar

A greenhouse gases trading system funded with the help of then-Illinois State Sen. Barack Obama would appear to have another prominent supporter, Indiana Sen. Richard Lugar, the ranking Republican on the Senate Foreign Relations Committee, who was also one of the system's earliest clients.

Three years ago, Lugar, who grows corn, soybeans and trees on his family's 604 acres of property in Marion County, Ind., became the first farmer in his state to sign up with the new commodity market called the Chicago Climate Exchange, which is likely to play a major role in President Obama's $650 billion cap-and-trade initiative. In the process, Lugar became what the exchange called an offset producer, entitling him to a financial reward in return for keeping his part of his property untouched.

Lugar, who was chairman of the Foreign Relations Committee at the time, not only participated in the Climate Exchange program. He also endorsed it in its promotional advertising, an endorsement that could prove significant as climate change legislation, which was introduced last month in the U.S. House of Representatives, moves forward as an Obama Administration priority.

http://www.foxnews.com/politics/2009/05/06/chicago-climate-exchange-partner-richard-lugar/

SamCogar

Number of posts : 6238
Location : Burnsville, WV
Registration date : 2007-12-28

Back to top Go down

There's Gold in that thar Cap n' Trade thingy. Empty Re: There's Gold in that thar Cap n' Trade thingy.

Post by Cato Thu May 07, 2009 8:47 am

650 billion, my hinny. Try $900 Billion dollar in additional taxes, probably even more.

Cato

Cato

Number of posts : 2010
Location : Behind my desk
Registration date : 2007-12-28

Back to top Go down

Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum