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[quote user="MP173"] Bucyrus: You are making a leap of faith here.  It seems the assumption is that a company will move it's manufacturing offshore or remain here.  There is nothing to guarantee that the domestic company will remain in business here.  That is the great divide which requires an enormous amount of faith. Another provision which I heard today was that if you sell your house, it must pass a government test which insures the house is properly weather proofed.  What happens if it doesnt pass the government test?  Who determines the factors for the testing? My house has something like 48 windows.  It is nearly 100 years old with many of the original windows that are part of the architecture of the house.  Energy efficient?  No.  However I compensate by burning wood and by keeping the thermostat at 60 degrees during several months.  Then, during the summer the 48 windows provide natural cooling.  My guess is my energy consumption is quite similar to other houses, but if I dont sell me house soon, I will be penalized, probably severly (moving is in my plans). Again, I would strongly recommend that anyone listen to the January 8, 2009 interview with then Candidate Obama.  ed [/quote]   Ed,   I did not mean to make the leap of faith you suggest.  Sorry if I was not clear.  When I was talking about companies either staying here of fleeing the cost of cap and trade, I did not mean to exclude the possibility that some will go out of business rather than staying or fleeing.  Indeed, going out of business will be an inevitable consequence of cap and trade for some companies.  It may be that the cost of fleeing cap and trade will be too high to justify them fleeing, while staying will price them out of their market. Or it may be that import tariffs will prevent them from fleeing cap and trade, while staying will price them out of their market.  In either case, they will go out of business or re-organize to shrink their business.  Consumers will simply abandon the consumption of certain products or find substitutions rather than pay higher prices imposed by cap and trade.   And yes I have heard about the provision mandating that your house pass a federal test of energy efficiency before you can sell it.  This is just the tip of the iceberg of what is intended in re-ordering our society in the name of sustainability.  It is neatly summed up in stated goals to reduce CO2 within certain timeframes.  But to actually achieve this will require heavy lifting that is far beyond what the average consumer expects.  So far, it has been made to appear painless—a little weather-stripping, a little more efficiency in our appliances, different light bulbs, and problem solved.  But these little measures do not begin to match the sacrifice that will be required to meet the CO2 reduction targets that may soon become law.
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