“Climate change is no longer just an environmental issue. It’s now an issue of race, according to global warming activists and policy makers.
“It is critical our community be an integral and active part of the debate because African-Americans are disproportionately impacted by the effects of climate change economically, socially and through our health and well-being,” House Majority Whip James Clyburn, D-S.C., said July 29.” Business & Media Institute
When is this madness going to stop? Come on now, the climate, the thunderstorms, tornadoes, hurricanes, earthquakes don’t care who you are. If the earth is warming up so drastically as some believers would contend, then everyone will be impacted, everyone will be devastated by the calamity that will indiscriminately hit us all, regardless of race, sex, or religion.
For anyone to say that minorities are being targeted at a greater rate than non-Hispanic whites is playing the race card for political advantage, or for a new way of setting up the economic free market system of the US, in particular. And that is exactly what this advocacy group (EJCC) is doing.
Read this folks. It’ll blow your socks off.
“There is a certain disconnect between what is good for workers, consumers, managers, and the economy on one hand and stockholders on the other,” Hoerner said. “We found that the combination of efficient market instruments, return of the revenue, cost-effective promotion of new clean technologies and efficiency, and targeted policies for low-income households grows the economy. It increases employment and profits overall, and provides a net benefit for consumers.”
The report suggested implementing a “fee, tax or allowance auction on polluters,” which was meant to “eliminate the financial burden on low-income and moderate-income households.This would pay for efforts to reduce global warming. Hoerner said that although it would cause product costs to increase, under his policy, the revenue from the “fee, tax, or allowance auction payment” would be redistributed to consumers to offset the higher costs.
“However, this increase in profits may be smaller than the windfall to stockholders if allowances are given away for free, even though this windfall is partially offset by higher product prices, lower sales, lower production and lower profits on the firm’s output, exclusive of the value of the allowances,” Hoerner continued. “Most businesses are energy consumers, not producers, and their interests lie with household energy consumers.” For a complete PDF report click here.
You know, I really don’t understand all that he is putting forth here, but one thing is certain, they want an outright tax on businesses because being in business means being an energy consumer, and businesses are also interested in making a profit. Profit is bad. Stockholders should be more interested in funneling the profit to low and middle income households rather than keeping the dividends for themselves or for further investment.
There’s that old tired worn out redistribution of money scheme from those who earn it to those who don’t. Real socialists for Utopia.