The Euro-Meddlers

IBD Editorials ^ | September 2, 2009 | INVESTORS BUSINESS DAILY Staff

[Kaslin]

Global Warming: Given rising voter anger, members of the U.S. Senate can't be blamed for going wobbly on costly cap-and-trade legislation. But maybe members of the EU Parliament can buck them up. Let's hope not.

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Not satisfied just with ruining their own continent's economy, a few Euro-pols want to come over here and do us the same favor.

The Waxman-Markey version of cap-and-trade already passed the House in June on a narrow 219-212 vote. Now these members of the European Parliament want to lend support as their green-left comrades in the U.S. Senate ponder doing the same.

With China and India saying they won't take part in this green nonsense, the Euro-socialists' only hope is to get a foolish U.S. to pass an economically ruinous cap-and-trade bill by 2012. That's when the failed Kyoto Protocol to curb greenhouse gases expires.

"We have had signals from the Senate that it would be useful to send a delegation from the European Parliament before they take a decision," said Jo Leinen, the Euro-Parliament's top green official.

"Useful"? Memo to Congress and the Euro-pols: Cap-and-trade is wildly unpopular with Americans. No matter how many suave European continentals you send here, it won't change voters' minds.

Yet, as long as they're here, we hope they'll submit to a town hall meeting or two to answer a few pointed questions, such as:

[Kaslin]

[steelyourfaith]

 

Beam Me to Planet Gore !

[AFPhys]

“... a George C. Marshall Institute review of a number of studies found similar high costs and huge job losses, on average. Taxes, for instance, would rise $2,000 by 2030. Food costs would go up $2,500 a year. Energy prices would grow 145%.”

Sheesh... I had seen the other two studies mentioned in the editorial, but I had not seen this tax rise before.

Politicians that support this should be hung, not simply “tar and feathered”.

[haroldeveryman]

“• Why did CO2 emissions actually increase by 0.8% in Europe after the first phase of their plan began in 2005?
• Why did European officials create more carbon permits than CO2 emissions, thereby causing the price of carbon to collapse”

I guess it must be because the Europeans just paid lip service to their Cap and Trade just as they adopted and then ignored Kyoto.

But don’t expect the same slick cynicism from Obama. He may be a lying psychopath about everything else, he’ll be a stand-up guy when it comes to pushing his New Stone Age agenda.