Lieberman-Warner
Posted at 8:30am on Jun. 6, 2008 The Global Warming Bill is an Economy Killer in Green Camouflage
By Erick
Wired is not known for being anything other than a liberally oriented magazine. It is extremely environmentally conscientious. The June 2008 issue has a whole section on global warming, including this tidbit:
The awful truth is that some amount of climate change is a foregone conclusion. The Electric Power Research Institute in Palo Alto, California, calculates that even if the U.S., Europe, and Japan turned off every power plant and mothballed every car today, atmospheric CO2 would still climb from the current 380 parts per million to a perilous 450 ppm by 2070, thanks to contributions from China and India.
Undeterred, Harry Reid and the Democrats have decided to grind our economy to a halt to "solve" a problem the congress cannot solve even if the "turned off every power plant and mothballed every car today."
Republican leader Mitch McConnell of Kentucky argued that the bill's "cap and trade" approach to cutting carbon dioxide emissions would unleash "the largest restructuring of the American economy since the New Deal."
"It's a huge tax increase," he proclaimed even as the bill's supporters argued it actually would provide tax breaks for people who faced higher energy costs, and financial assistance to carbon intensive industries through a pollution allowance trading system.
Babs Boxer claims there will be no increase in gas prices, but she is lying. While the legislation does not mandate the price of gas increase, it does require such costly changes to the service station industry, the oil and gas industries, and elsewhere that the price will absolutely go up. And Barbara Boxer knows it.
There are things that can be done. We could be fostering an environment for technological changes. We could be encouraging nuclear energy. We are, in fact, doing nothing. This bill is nothing more than legislation designed to ruin our economy so government can insert itself further into business. The camouflage on the bill just happens to be green.
