In response to a request from state Senator Jim Honeyford (R-Sunnyside), State Department of Ecology Director has released a list of companies potentially affected by the Governor's proposed cap & trade legislation (SB 5735). The list can be found on page four of this document [pdf].
It contains some companies you may by chance have heard of, Boeing, Goodrich Aerospace, PACCAR, Weyerhaeuser, etc.
In responding to Honeyford's request in writing, Manning said:
It is impossible to know with any certainty which jobs, if any will be lost due to 'leakage.' We have always recognized the potential for some energy-intensive industrial sources to be impacted.[snip]
It is not our intent to further burden an already struggling economy.
That being the case, it would seem to be rather important to understand and quantify the actual potential economic impact of this legislation. On a related topic, at what point do blue-collar unions - whose workers are employed at many a company on the above linked list - say, "time out, we need to take a closer look at this?"
Footnote: this marks yet another potential complication for the Boeing-related issues discussed in the post immediately below on the main page.
Posted by Eric Earling at February 17, 2009 04:43 PM | Email ThisBoeing better dig deep into it's bank account. It will be paying lots of bribes and payola to keep this gang happy. Is Norm Dicks the boy scout we all think? Or is he in it just as deep as Murtha, just lower on the radar? Too bad the Seattle Times won't investigate.
Boeing has lots of good paying American jobs at stake in the tanker deal. But it doesn't matter, because the Dems want Boeing to "show me the money".
The Stimulus is a sham. The coming mortgage deal is another big take away. The only way these companies can survive is to bend over and write a big check.
Posted by: janet s on February 17, 2009 09:02 PMWell, keep trying. Perhaps the Whigs will come back one day. Of course, they're unlikely to bring back your beloved monarchy. Hmm, guess you better hope the Repubs make a return visit but I wouldn't bet the bank account on it.
Posted by: King George on February 18, 2009 12:59 AMSIDEBAR: With crazy stuff like this, the odds that Boeing will build their next model of commercial airliner in WA keep getting smaller every day. And how about Microsoft: While it wouldn't be a trivial move, you can take software anywhere: Most of what they do could be done in Boise or NC or NV and a bunch of etcetera.... or, for that matter: In China.
Posted by: Methow Ken on February 18, 2009 07:34 AMThe Slavery Party seems intent on blowing big holes in the tops of their feet.
Posted by: Shanghai Dan on February 18, 2009 08:43 AMMurtha has a history of asking for opened checkbooks and "what are you going to do for me?" handout requests, going back at least to ABSCAM...
Posted by: Shanghai Dan on February 18, 2009 08:52 AM"monarchy"
I think you have the wrong party bud.
History wasn't your best class was it.
Posted by: Medic/Vet on February 18, 2009 09:08 AMThe latest scam was the UW Professor Steig who manipulated data from a tiny set of Antarctic weather data stations, and then transposed data, all in an effort to eke out a lame study that Antarctica is warming, even though it is not. And, the weather stations in question were based on the Western end of Antarctica which is particularly volcanic, and many of the stations in question, buried in snow, a nice insulator that would tend to warm up the data. Of course, just like the hockey stick, that Algore used as a prop, this study has already been thoroughly discredited. Global Warming ain't happening, but the Socialists really need another crisis to go big with Cap and Trade.
If you want a job, don't look to Progressives. They will destroy your job through regulatory overreach, a contracted bankrupt economy, or both.
Posted by: Jeff B. on February 18, 2009 11:12 AMLook at the list of companies on page 4 of linked pdf file. Contemplate the products and services that these companies make or provide. Then estimate what the cost of cap and trade and emission credits will be for each. The realize that every dollar possible will be passed on to consumers.
Cap and trade of emission quota allowances and trade in emission credits are an indirect tax on greenhouse gas emissions (primarily CO2). The state is going to run the trading system. There will be traders (middle men) involved.
I have no idea of who gets the money or how it will be spent because the system includes 7 states and 4 Canadian provinces.
What is certain is that the total reduction in CO2, if any, will have no influence whatsoever on climate or weather locally or globally. The EU has employed the same emission reduction system in place for a decade. CO2 emissions have increased anyway while the cost of electricity and transportation from fossil fuels has skyrocketed.
Implementation of the Western Climate Initiative will cause unnecessary and avoidable inflation, increase the cost of almost everything, and add about 3000 employees to the state DOE.
The monumental stupidity involved in pursuing WCI at a time our state and local governments have overspent themselves into fiscal crises is beyond comprehension. The Democrats in control are desperate and clueless lemmings headed for the cliff.
We need to start asserting ourselves or the lemmings will take us down with them.
Posted by: Paddy on February 18, 2009 02:48 PMThis 157 page document in pdf form is titled: "Ideas For Reducing GHG Emissions While 'Keeping The Lights On' and The Economy Growing in the West" and was authored by Management Services Inc for the Western Business Roundtable.
Everything you need to know and much more.
Posted by: Paddy on February 18, 2009 05:20 PM