[TheForge] Cap and trade

Larry Brown lp.brown at verizon.net
Thu Nov 5 05:14:15 EST 2009


Any idea what bill this is and where it may be accessed? Is this in the 
house or senate?
Thanks
L Brown

At 02:43 AM 11/5/2009 -0500, you wrote:

>Peter,
>
>I'm afraid I have to disagree. I actually tried reading the proposed 
>legislation a few months back. It was tough to know for sure what it was 
>saying because there was so much that was obviously in a state of flux not 
>to mention being self contradictory. And the legislation leaves a lot of 
>the implementation and details to the bureaucrats. However it looked to me 
>that the big users of coal such as power plants had established positions 
>at the coal feeding trough. Their percentage shares remain constant over 
>time but their actual amount starts to shrink in around 2015 and keeps 
>shrinking out to 2050. I don't remember if it is zero at that point.
>
>If you are a small user you have to get your coal from someone who does 
>have a position at the trough. So there might be industrial coal 
>distributors who hold an allocation and could still sell to us small fry 
>(at an inflated price). It might also mean that a coal mine would be 
>prohibited from selling to anyone who didn't hold an allocation. If you 
>hold an allocation you could sell some of your shares to one of the other 
>stakeholders. But I didn't see a way for us small time users to guarantee 
>that there would be someone out there willing to sell small quantities.
>
>I did notice some exception clauses for small industrial users of gaseous 
>fuels. But I saw no such exemption for coal.
>
>It might be necessary to find a legislator out there with a sympathetic 
>ear for small scale users with artistic or traditional reasons to keep 
>using coal to write a carefully crafted exception but the political winds 
>clearly don't look favorable. Got a spare $100K to fund a lobbying 
>campaign? (Before anyone even goes there, ABANA's organizational tax 
>status prohibits lobbying.)
>
>Paul Boulay
>
>
> >Date: Wed, 04 Nov 2009 10:24:07 -0800
> >From: Peter Fels & Phoebe Palmer <artgawk at thegrid.net>
> >Subject: Re: [TheForge] Cap and trade
>
> >
> >I'd imagine that the costs of dealing with small scale emitters like us
> >will keep us safe for quite a while.
> >
>
>
>Paul Boulay
>408-483-1986
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