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Energy Bill's Impact on the Railroads
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<P mce_keep="true">[quote user="Fallen Flag"] <P> Oh, I know. My question was more hypothetical than anything.</P> <P>That's the thing. I think most of the general public is under the impression that there is all of this magical pie-in-the-sky clean power out there and it's just waiting to be utilized. I don't think most people realize the type of lifestyle sacrifices they will have to make to achieve the reduced emissions and "sustainability" that is being called for. <BR></P> <P>[/quote]</P> <P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT face=verdana,geneva>I think you are right that the general public does not realize the level of sacrifice that will be called for.<SPAN style="mso-spacerun: yes"> </SPAN>So far, there has been a remarkable disconnect between the problem and the cure.<SPAN style="mso-spacerun: yes"> </SPAN>The problem that has been framed by the experts could not possibly be more dire, and yet, we are being told to solve it by little symbolic acts like caulk and weather-stripping.<SPAN style="mso-spacerun: yes"> </SPAN>We are told that all of these little measures will add up to what is required to solve the problem.<SPAN style="mso-spacerun: yes"> </SPAN>No they won’t.<SPAN style="mso-spacerun: yes"> </SPAN>Not even close.<SPAN style="mso-spacerun: yes"> </SPAN>The public has been cultivated to accept the premise of the problem by making the cure seem painless.<SPAN style="mso-spacerun: yes"> </SPAN>Now that the premise has been widely accepted, the real cure is being brought forth in the form of cap and trade.<SPAN style="mso-spacerun: yes"> And t</SPAN>he dire nature of the problem perfectly matches the dire sacrifice called for by cap and trade.</FONT></P> <P class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA"><FONT face=verdana,geneva size=2></FONT></SPAN> </P> <P class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA"><FONT face=verdana,geneva size=2>Regarding the effect on railroads, the direct effect will be loss of business rather than increase of cost of operation.<SPAN style="mso-spacerun: yes"> </SPAN>This will be the case with most businesses that make up the economy.<SPAN style="mso-spacerun: yes"> </SPAN>Most of the loss of business will come from the reduction of GDP as cap and trade imposes financial penalties on consumption throughout the economy.<SPAN style="mso-spacerun: yes"> </SPAN>Cap and trade will force the reduced consumption of coal, not only due to the rising cost and falling consumption of electricity, but also because one of the main objectives of cap and trade is to replace coal with renewables. I cannot think of any other commodity hauled by rail that will be affected as much as coal.</FONT></SPAN></P>
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