Replies to This Discussion

landownerPermalink Reply by P.G. on June 13, 2009 at 4:23

Yes, I hope they don't just ramrod bills through congress for the sake of getting them through because they have the votes now that they may not have after the mid term elections in 2110.

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Permalink Reply by pal on June 14, 2009 at 4:11

Don't bet on it, all you will hear is that the republicans do not have a better plan.

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landownerPermalink Reply by P.G. on June 14, 2009 at 4:44

We'd be better off doing nothing rather than do what the democrats are proposing. I'm still going to need to run the AC in the summer time regardless what they do and would not like having to pay through the nose to do so.

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landownerPermalink Reply by sesport on June 14, 2009 at 9:50

Actually, once I upgraded some of the mechanicals around my house (H/AC, hot water heater, appliances), my electric bill went down, most dramatically when I replaced H/AC. The cost of replacing & upgrading gets offset by the savings, then you continue to save. :0)

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landownerPermalink Reply by P.G. on June 14, 2009 at 6:11

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Oil & Gas ProPermalink Reply by Les Bamburg on June 14, 2009 at 6:19

PG, any approach to reduce CO2 emissions and shift to alternative energy sources will result in higher consumer costs.

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landownerPermalink Reply by P.G. on June 14, 2009 at 6:27

Now is not the right time to be raising any costs to consumers. It's irritating to watch congress trying to do just that!

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Oil & Gas ProPermalink Reply by Les Bamburg on June 14, 2009 at 6:37

PG, if there is an upside it will take until 2015 to begin implementation and will ramp up over time.

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landownerPermalink Reply by P.G. on June 14, 2009 at 8:16

You really believe that knowing how disparate they are for money right now?

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landownerPermalink Reply by sesport on June 14, 2009 at 9:07

It's going to take awhile for some research, development & demonstration projects, like the one for the gulf gas hydrates project, to be completed & implemented. The list of announcements for grant proposals is a long one, there's still a lot of work going on to figure out some of these ideas.

http://www.netl.doe.gov/business/solicitations/index.html#42677

best :0)

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Oil & Gas ProPermalink Reply by Les Bamburg on June 14, 2009 at 13:57

PG, yes I do. Much of the policy does not even involve collection of "taxes". Significant sections involve improvement in energy efficiency for buildings, homes & automobiles. There are also policies for low carbon fuels for transportation and increased use of renewables for power generation. None of these segments generate any taxes for the government.

In the early years most CO2 emission allowances will be provided at little or no cost. It is only later that allowances reduced in number and auctioned to generate funding for other parts of the program.

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landownerPermalink Reply by Spring Branch,mineral owner on June 14, 2009 at 16:35

Les B. are you long term bullish on natural gas?

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