Don't you in England already have cap and trade and didn't your utility cost jump a bunch like they did in Germany it jumped 25% as the companies passed it on. And by the way made record profits. I know they all are running around here telling us that oh don't worry about it your utilities cost won't go up much only $125.00 a year.
As some are saying it will go up as much as $3,000 a year because most utilities in the US use our abundant coal supplies. The other thing I love is the statements coming out of Washington that say pay no attention to Spain and the other green countries were the shift to green economy isn't working like they thought. As far the jobs, and other benefits.
They also have a bill from 2 of the geniuses somebody elected that wants to limit repair parts and charge not a tax, but a surcharge on the parts for the older equipment,( lawn and garden, small engines),cars and trucks that pollute more.
Wait till it becomes well know he that if the cap and trade passes in order to sell your house you will have to have it inspected and brought up to the federal energy building code.
Which all local communities will have to agree to if they want any federal money in the future!
Least we forget the wonderful man That is the driving force behind global warming! The same fellow that claims, that the book and movie "Love Story" was written about him and his bride Tipper. And that he single handed invented the internet!
Al "my SUV running with the air conditioning on for 3 hours while I'm inside giving a speech" Gore.
So how much has your utility bills gone up each month since you have something similar to our cap and trade/carbon surcharge, its not a tax! There in jolly old England
You can bet your bottom dollar, some fatcat somewhere has come up with the idea, and will make money out of it.
The rumor over here is Al Gore gets from one penny to 5¢ for every dollar that changes hands, Through one of his global warming front non profits since he copyrighted or patented the idea and process.
Nobody really looked into it yet.
They have already coined a new word for the coming collapse of western civilization in 2012
due to unemployment, food riots and gangs etc. They have started calling it Obamageddon.

They are now worried that India has joined Russia and China in calling for a new world reserve currency. Because of what is going on in the USA.
I guess that old Chinese curse. "may you live in interesting times is coming true"
glen