I thought it would be worth the calculation to include the following case in Cap and Trade Costs per the current Administration's proposal.Let us make the following assumptions:
1. We use the Administration proposals as to cap, cap reduction, and taxes per metric Ton of CO2.
2. We assume that all the environmentalists prohibit any nuclear and wind and solar.
3. We looked at the period of 2010 to 2030.
4. The above is the result based on the DoE assumptions for demand.
Holy cow! By 2030 there is $1 trillion tax coming from the cap and trade alone! The more I look at this proposal, which is followed no where in the world, it will totally destroy our civilization! Is there anyone listening?
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