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Cap and Trade: A License Required for your Home
Frank M. Carrio, CMI
ESOP Committee Member
nachi.org
Thursday, Nov 19th, 2009
We encourage you to read the provisions of the
Cap and Trade Bill that has passed the House of Representatives
and being considered by the Senate. We are ready to join the
next march on Washington!
This Congress and whoever on their staffs that
write this junk are truly out to destroy the middle class of
the USA....
A License Required for your house
Thinking about selling your house - A look at H.R. 2454 (Cap
and trade bill) This is unbelievable!
Only the beginning from this administration! Home owners take
note & tell your friends and relatives who are home owners!
Beginning 1 year after enactment of the Cap and Trade Act,
you won't be able to sell your home unless you retrofit it to
comply with the energy and water efficiency standards of this
Act. H.R. 2454, the "Cap & Trade" bill passed
by the House of Representatives, if also passed by the Senate,
will be the largest tax increase any of us has ever experienced.
The Congressional Budget Office (supposedly non-partisan) estimates
that in just a few years the average cost to every family of
four will be $6,800 per year.
No one is excluded.
However, once the lower classes feel the pinch in their wallets,
you can be sure these voters get a tax refund (even if they
pay no taxes at all) to offset this new cost. Thus, you Mr.
and Mrs. Middle Class America will have to pay even more since
additional tax dollars will be needed to bail out everyone else.
But wait. This awful bill (that no one in Congress has actually
read) has many more surprises in it. Probably the worst one
is this:
- A year from now you won't be able to sell your house. Yes,
you read that right.
The caveat is (there always is a caveat) that if you have enough
money to make required major upgrades to your home, then you
can sell it. But, if not, then forget it. Even pre-fabricated
homes ("mobile homes") are included.
- In effect, this bill prevents you from selling your home
without the permission of the EPA administrator.
- To get this permission, you will have to have the energy
efficiency of your home measured.
- Then the government will tell you what your new energy efficiency
requirement is and you will be forced to make modifications
to your home under the retrofit provisions of this Act to
comply with the new energy and water efficiency requirements.
- Then you will have to get your home measured again and get
a license (called a "label" in the Act) that must
be posted on your property to show what your efficiency rating
is; sort of like the Energy Star efficiency rating label on
your refrigerator or air conditioner.
- If you don't get a high enough rating, you can't sell. And,
the EPA administrator is authorized to raise the standards
every year, even above the automatic energy efficiency increases
built into the Act.
The EPA administrator, appointed by the President, will run
the Cap & Trade program (AKA the "American Clean Energy
and Security Act of 2009") and is authorized to make any
future changes to the regulations and standards he alone determines
to be in the government's best interest. Requirements are set
low initial y so the bill will pass Congress; then the Administrator
can set much tougher new standards every year.
- The Act itself contains annual required increases in energy
efficiency for private and commercial residences and buildings.
- However, the EPA administrator can set higher standards
at any time.
Sect.
202:
Building Retrofit Program mandates a national retrofit program
to increase the energy efficiency of all existing homes across
America .
Beginning 1 year after enactment of the Act, you won't be able
to sell your home unless you retrofit it to comply with the
energy and water efficiency standards of this Act.
You had better sell soon, because the standards will be raised
each year and will be really hard (i.e., ex$pen$ive) to meet
in a few years. Oh, goody! The Act allows the government to
give you a grant of several thousand dollars to comply with
the retrofit program requirements if you meet certain energy
efficiency levels. But, wait, the State can set additional requirements
on who qualifies to receive the grants.
You should expect requirements such as "can't have an
income of more than $50K per year", "home selling
price can't be more than $125K", or anything else to target
the upper middle class (and that's YOU) and prevent them from
qualifying for the grants.
Most of us won't get a dime and will have to pay the entire
cost of the retrofit out of our own pockets. More transfer of
wealth, more "change you can believe in."
Sect.
204:
Building Energy Performance Labeling Program establishes a labeling
program that for each individual residence will identify the
achieved energy efficiency performance for "at least 90
percent of the residential market within 5 years after the date
of the enactment of this Act."
This means that within 5 years 90% of all residential homes
in the U.S. must be measured and labeled. The EPA administrator
will get $50M each year to enforce the labeling program. The
Secretary of the Department of Energy will get an additional
$20M each year to help enforce the labeling program. Some of
this money will, of course, be spent on coming up with tougher
standards each year.
Oh, the label will be like a license for your car. You will
be required to post the label in a conspicuous location in your
home and will not be allowed to sell your home without having
this label.
And, just like your car license, you will probably be required
to get a new label every so often - maybe every year.
But, the government estimates the cost of measuring the energy
efficiency of your home should only cost about $200 each time.
Remember what they said about the auto smog inspections when
they first started: that in California it would only cost $15.
That was when the program started. Now the cost is about $50
for the inspection and certificate; a 333% increase. Expect
the same from the home labeling program.
Sect.
304:
Greater Energy Efficiency in Building Codes establishes new
energy efficiency guidelines for the National Building Code
and mandates at 304(d), Application of National Code to State
and Local Jurisdictions, that 1 year after enactment of this
Act, all state and local jurisdictions must adopt the National
Building Code energy efficiency provisions or must obtain a
certification from the federal government that their state and/or
local codes have been brought into full compliance with the
National Building Code energy efficiency standards.
a
license required for your home - Google Search
H.R.
2454: American Clean Energy and Security Act of 2009 (GovTrack.us)
"When the people find they can vote themselves money,
that will herald the end of the republic." - Fall
Of The Republic - Buy
the DVD here
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INFOWARS:
BECAUSE THERE'S A WAR ON FOR YOUR MIND
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