Quote:
Originally Posted by 392cobra
Under the new democratic cap and trade legislation all US homes will have to meet strict government eco-standards before they can be sold.
This means that homeowners, for example, could be required to retrofit their homes to meet federal “green” guidelines in order to sell their homes, if the cap-and-trade bill becomes law.
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This is another 'sky is falling' post. The bill says nothing about not being able to sell a house. If that were to happen it would be at the state level, and it is something they already have the power to do.
I love how 'could' and 'will' are interchangeable. More bloggers that do not understand English. There is nothing that forces anybody to do anything.
My state currently offers incentives to do things like install insulation, more efficient windows, and better heating/cooling units. If you do not want to upgrade, the choice is yours. I pass a couple of houses on my way to work that have broken windows that are patched with duct tape. I wonder how much heat they lose during cold New England winters. They could probably spend $100-$150 to get a new one that would pay for itself in a couple of years.
Is that wealth redistribution? Absolutely.
Steve