Buy/Sell

"Once the government creates a scarce new commodity -- in this case the right to emit carbon -- and then mandates that businesses buy it, the costs would inevitably be passed on to all consumers in the form of higher prices." Thus said the Wall Street Journal.

A new commodity will soon appear on the exchange in Chicago. Businesses who emit little carbon can sell their holdings to the top buyer. Who would need to buy this rare commodity?

Industries - auto makers who are not exempt due to government ownership, food processors, paper makers, oil refineries. Agriculture - farmers, milkers, ranchers. Possibly recreational places such as race tracks, and boat shows.

Where it will hit us quickly will be in the cost of transportation. Fuel costs will rise and transportation industries will pass it on to the cost of goods sold. Then little by little we will see that our paper is milled in Canada or Mexico. Our auto parts makers will be forced across the border. Even the makers of solar panels and wind turbine blades will no longer be made in America - at least not the U.S.

Call or contact your senator while you still can. This large bureaucracy will be here for ever and industry will be gone forever.

'til later