They will not accept that the volcano leads to cooling. Al Gore’s investments are at stake and this is no time to admit that warming is over. They need to keep claiming that it is getting hotter.
The latest trick in their book is to claim that 75% of the money from taxes will go to the American public as rebates (although it is a rebate, YOU PAY since the corporations pass on the costs to the consumer). The remaining 25% will go towards research, i.e., to Al Gore’s companies which will specialize in writing grant proposals and getting huge sums of money from the government. Olympia Snowe supports this option.
“They will not accept that the volcano leads to cooling.”
How could they do that when Mt. Pinatubo in 1991 dropped the average temperature of the globe by some four degrees F? There is evidence all over the place that shows volcanoes do cause cooling although it is usually just temporary.