Buckwheat wrote:Okay, I'm game. Specifically which regulations are crippling which specific businesses?
It's long and involved. So I'll just point to this as an example:
https://www.usnews.com/opinion/economic-intelligence/2015/07/16/climate-change-policy-wont-change-global-temperatures
Talks US clean air policy, world agreements such as China, costs based on GDP, etc.
Real regulations based on real speculation.
Monetarily handled by the government.
Everything related to fossil fuels has grown almost exponentially in the past 20 years.
Price of gas is lower today so we forget. But when I moved into my house 20 years ago I paid under 80 cents for heating oil. A couple years ago it was almost $4.
Regulations.
Profits go up for the big fat oil cats. But their percentage profit is actually lower. It's just that the numbers have become Monopoly money comical.
And which business?
I'm in the plastics industry. 20 years ago we purchased polyethylene resin under $.40/lb.
It's now not uncommon to see it over $1.25/lb.
20 years isn't a long time. And even thought there is a lot of inflation that doesn't account for what's been going on in the world related to fossil fuels.
And the worst part?
America is tasked with trying to compete with countries that won't have the same regulations. Won't require 20% or 30% reductions in carbon emmissions.
The current agreement is no better than the Cap and Trade debacle. It's just less obvious.