Another death nail blow strikes at the planned American CO2 carbon tax on fossil fuel generated electric power as Antarctic sea ice hits a 35-year record high.
Without public opinion on the side of a CO2 tax on electric power the largest tax in mankind’s history looks set to fail. A tax on air called ObamaAir is an EPA led initiative geared to regulate fossil fuel power out of existence while subsidizing solar and wind generation which does not have the capability of generating base load electricity supply.
On top of the EPA regulations a carbon tax and carbon trading scheme is in the works that would cause consumers to pay an additional markup on every kilowatt hour of electricity they use.
The tricky nature of ObamaAir regulation, schemes, and taxes is that they may be hidden from the tax payer as industry pays the carbon penalty and passes this on to the consumer.
For instance, in Germany people paid on average about $270 extra a year in fees that went to subsidize new renewable electric generation while this tax payer investment hardly made a dent in creating new forms of base load power which is required to meet demand.
“Antarctic sea ice has grown to a record large extent for a second straight year, baffling scientists seeking to understand why this ice is expanding rather than shrinking in a warming world.
On Saturday, the ice extent reached 19.51 million square kilometers, according to data posted on the National Snow and Ice Data Center Web site. That number bested record high levels set earlier this month and in 2012 (of 19.48 million square kilometers). Records date back to October 1978.
The increasing ice is especially perplexing since the water beneath the ice has warmed, not cooled.”
Read more of this story on the Washington Times