Cap-and-Trade | Prophecy in the News

November 15, 2012   |   Category: Blog   |   Tags:

By Dave Robbins

 

 

“California Implements Cap and Trade Tomorrow” Breitbart 11-14-2012

Beginning Wednesday, the state of California will implement a “cap and trade” system

What is Cap and trade?

The government sets a cap on pollution, limiting the amount of carbon dioxide and other harmful output that companies, or other groups, are allowed to release. The government then issues credits which allow companies to pollute a certain amount, as long as the aggregate pollution equals less than the set cap.

 

Senator: Obama Trying ‘To Pull Off The Largest Wealth Redistribution In History’ Via Emissions Regs

In an exclusive interview, Sen. James Inhofe (R-Okla.) explains how Pres. Obama is using emissions regulations to “pull off the largest wealth redistribution in history.”

“Newsbusters” 1-1-2009 “On Monday, one of Gore’s leading scientific resources, Goddard Institute for Space Studies chief James Hansen, sent a letter to Barack and Michelle Obama specifically urging the president-elect to enact a tax on carbon emissions that would take money from higher-income Americans and distribute the proceeds to the less fortunate.”

Redistribution of Wealth from developed nations to non-developed nations is socialism… World Government: Revelation 13 1-8 and it will be a socialist government…

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