Nike’s green lobbying: Corporate responsibility or regulatory robbery? | San Francisco Examiner
More importantly, Nike won’t bear most of the costs of a cap-and-trade scheme in the U.S. because Nike doesn’t make stuff in the U.S. Cap and trade adds to manufacturing costs by attaching a price to emissions, which makes energy more expensive. But “a vast majority” of Nike goods are made overseas, a company spokesman told me in an e-mail.Obama contradicts on energy policy - The Augusta Chronicle
While Nike outsources its manufacturing to factories in Vietnam and other poor countries where greenhouse gases aren’t regulated, some of its competition makes their shoes here in the U.S., where Nike is lobbying to increase costs.
President Obama suggests substituting electricity for gasoline in powering the nation's motor vehicles. He also has managed to get the House of Representatives to pass the cap-and-trade bill, which by his own statements will have the effect of skyrocketing our electric bills.Senate cap and trade bill likely, Grassley says
If the nation's electricity cost will nearly triple, as some of the experts predict, does it make sense to plug in your car to your household electrical outlet that has already tripled from your pre-Obama levels.
Still, Grassley tells reporters that of the three hottest issues in Congress – health care, banking reform and cap & trade, he believes it’s cap & trade that’s the most controversial and least likely to come up on the Senate floor this year, “So I might suggest that the effort to push it through so fast through the House of Representatives might have done some harm to the possibility of getting cap and trade passed.” The House bill narrowly passed before the Fourth of July recess.10/1/2009 - Tommy Crangle: If I Were In Congress #5, Cap And Trade, Part 2 - Opinion - Chattanoogan.com
And with next year being an election year, Grassley says he believes it would be difficult to pass cap & trade in 2010. Although Grassley says he’s no expert on predicting how things will play out.
I would love to expound on the mountain of evidence that indicates that what is happening today in the climate is nothing more than normal cyclical variations in the climate, but that begs the issue. The real danger is that this legislation is heading us in the wrong direction. It will cost this country and its citizens trillions of dollars in wasted expenditures.
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