Members of Congress are considering several bills designed to combat climate change. Chief among them is Senate bill 2191--America's Climate Security Act of 2007--spearheaded by Joseph Lieberman (I-CT) and John Warner (R-VA). This bill would set a limit on the emissions of greenhouse gases, mainly carbon dioxide from the combustion of coal, oil, and natural gas.Since energy is the lifeblood of the American economy, 85 percent of which comes from these fossil fuels, S. 2191 represents an extraordinary level of economic interference by the federal government. For this reason, it is important for policymakers to have a sense of the economic impacts of S. 2191 that would go hand in hand with any possible environmental benefits. This Center for Data Analysis (CDA) report describes and quantifies those economic impacts.
Our analysis makes clear that S. 2191 promises extraordinary perils for the American economy. Arbitrary restrictions predicated on multiple, untested, and undeveloped technologies will lead to severe restrictions on energy use and large increases in energy costs. In addition to the direct impact on consumers' budgets, these higher energy costs will spread through the economy and inject unnecessary inefficiencies at virtually every stage of production and consumption--all of which will add yet more financial burdens that must be borne by American taxpayers.
S. 2191 extracts trillions of dollars from the millions of American energy consumers and delivers this wealth to permanently identified classes of recipients, such as tribal groups and preferred technology sectors, while largely circumventing the normal congressional appropriations process. Unbound by the periodic review of the normal budgetary process, this de facto tax-and-spend program threatens to become permanent--independent of the goals of the legislation.
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There's folks around here that will blindly vote for him because of it, even though in his case it means RINO.
I’m still waiting for some type of cohesive, understandable, or reasonable argument as to why voting for McCain when he has decided that succumbing to the left on their issues to get elected is the right thing to do when the implementation of his policies (Amnesty and his Global Warming program) would finish both this country and the GOP off
What to do, what to do. We have two Socialists and a Democrat to choose from for president .....
Global warming on Free Republic
Hmmm, as much as I’m not looking forward to the hardships global warming “solutions” are going to cause, I feel that it will be a benefit overall because it will turn people off to them and hopefully, soon enough not to let whichever candiate gets in office ruin our country beyond repair.
It will be a harsh lesson, but if it takes that to finally wake people up from this global warming hogwash, it may be worth it.
Might be more impressive in Fahrenheit units. Not a lot more impressive, probably not even detectable. Even if they can do this, how would anybody know?