Cap and Trade Still a Hot Topic?

" Let's bring yet another voice on the cost of cap and trade Pete -- he is the president. By -- unity I'm sure you just terrible -- bonds have to say that. One point two trillion dollars that the overall cost I'm not sure what the timeframe for that is can you add to that cost analysis that."

" It looks like a ten year time frame from implementation forward and implementation really wouldn't occur closer to 32. Rather than next year the year after if it were even an active right now. But one point two trillion should be regarded as the war rather than -- ceiling for cost because. Many of the government's estimates vary. Depending on what they count. As certain Peter -- one point two trillion as the cost of the permits not necessarily. The costs that businesses will have to absorb in the form of laying off workers raising prices etc. To cope with the new emissions caps also. There may be exemptions for small firms emitting CO2. In the boxer Kerry bill. But the findings of the bill a centrally create a legal action. And -- environmental groups in the white could end up suing small firms saying that even though you're not covered under the limits because you're exempt you're still creating a public health danger. And EPA administrator gets involved in that respect. And you could very well see very tiny firms getting regulated under this bill to -- upon."

" Two of the president's. Speaking this morning he's not looking at the cost in fact he's not mention the cost he would -- if you criticize this cap and trade. The video simply standing in the way you off fighting change. So that they're not putting cost in the picture -- go back that one point two trillion dollar figure. That's not going to be government spending is it that's not no it won't add to the deficit. That is the cost imposed on businesses and consumers. And homeowners. By this cap and trade legislation but all that right."

" Yes and in fact the government hopes to make money off cap and trade by getting that -- whenever these permits are traded in fact the US treasury. Said that. As much as 200 billion dollars a year could flow into the US treasury if this permit trading goes the way it's predicted. Now somewhat say hey that's a great way of lowering the deficit while we would look at it is yet more money for the federal government to play weapon squander."

" I have to say that you're you know you opened up a pandora's box that because I'm not realize that environmental groups could indeed. Sue with small businesses on the grounds that okay you've got exemption but you're still emitting CO2 as you still endangering the planet. Pay -- I did not realize that that -- opening a pandora's box that really is yes so findings languages really really touchy. Oh yes and it just so thank you very much and -- debating whether we appreciate your input got my."