Wednesday, July 8, 2009

Why you need to fear cap & trade.

Not only will the cap & trade bill double your utility bills (or more), it will permit the state to inspect your house for energy compliance under a variety of circumstances.

Here are a few of the circumstances under which the state EPA can come into your house & check you out for energy compliance:

- a final inspection of major renovations or additions made to a building in accordance with a building permit issued by a local government entity Since permits are required for just about anything, repairing your leaky roof could subject you to a mandate to replace all the windows in your house.

- a sale that is recorded for title and tax purposes consistent with paragraph (8) Your job requires you to move (or you want to downsize now that the kids are grown)? - Guess what - you're on the hook to insulate that 75 year old house you've been living in.

- a new lien recorded on the property for more than a set percentage of the assessed value of the property, if that lien reflects public financial assistance for energy-related improvements to that building; or Thought you'd save some money by refinancing now that rates are lower - guess again.

- a change in ownership or operation of the building for purposes of utility billing Good luck if you want to rent your place out. Your perfectly good furnace isn't so hot anymore once the EPA deems it's not efficient enough. Potentially, one could get around this by including utilities in the rent & paying for it themselves, but there goes any incentive for the tennant to conserve energy

Then there's B) Other appropriate means - so they can inspect your house for whatever the state feels like.

If I'm suspected of murder, the police need to jump through all the hoops of getting a warrant before they set foot in your door. But the state has complete jurisdiction over your thermostat setting...

Here is the relevent portion of the bill that passed the House of Representatives.

Hat tip: The Corner

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