Posted on 05/16/2010 9:32:21 AM PDT by raptor22
Sens. John Kerry, D-Mass., and Joe Lieberman, I-Conn., have managed to write a cap-and-trade energy bill that should be greeted with guffaws from both believers and skeptics of man-made global warming. At a cost of billions of dollars and millions of jobs across America, the proposal would produce virtually no reduction in global temperatures even after being in force for decades. Using the MAGICC/SCENGEN climate model originally developed for the U.S. Environmental Protection Agency and assuming no other nation adopts the same measure, climate researcher Paul Knappenberger found that Kerry-Lieberman would reduce the average global temperature 0.077 degrees Fahrenheit by 2050, compared with what it would be if the bill were not adopted. That is one-fifth of one degree, which, as Knappenberger notes on the MasterResource blog, is a "scientifically meaningless reduction."
One problem for Kerry-Lieberman is that China, India and the rest of the developing world show no inclination to join the United States to achieve carbon emissions reductions of 17 percent below 2005 levels by 2020, 42 percent below by 2030, and 83 percent below by 2050. If anything, China is headed rapidly in the opposite direction, building hundreds of new coal-fired power plants in recent years and generating two-thirds of its electricity from the most emissions-intense fuel. China gives lip service to carbon reduction, to be sure, but it keeps building new power plants. China is also moving aggressively to increase its access to oil and natural gas, striking deals recently with Venezuela and Cuba, with the latter for exploration and production in the Gulf of Mexico.
(Excerpt) Read more at washingtonexaminer.com ...
A guy called into Glenn Beck’s radio show on Friday with a satirical equivalent to cap and trade. He said he was going to start a business that traded cholesterol. If you think about it, his suggestion is pretty similar to cap and trade. By enacting legislation, we aren’t creating less carbon. We’re just changing who is creating it.
Huh? More like 1/12th, not 1 fifth...
ping
Kerry-Liebermann has sort of a Gore-Edwards ring to it; and about as much intellectual heft.
Oh, I thought you meant Kerry and Liebermann were bad jokes
To that I agree.
Esp Kerry
Didja see the photo of him at the anti USA communist rally, standing around all spacey and lost?
How did that guy ever get so close to being Pres?
For that matter, how did the other guy ever get so close?
Oh I forgot, the 50% of America who votes on “feelings” ..........
Alas you described the “trade” part of cap and trade. The cap part of cap and trade tries to limit carbon by government fiat or taxes.
The key is that man-made global warming is a hoax. It is true if we ever find an emergency and need to produce less carbon dioxide, a cap and trade system would do it more efficiently than a pure government fiat program. A optimal tax program is even more efficient. So the reasons to focus on the hoax is to underscore we don’t need these systems whether one is relatively more efficient than another or not.
That’s about how I see it. The libs say we need Cap’n Tax to “save da planet”. However, when you look at Cap’n Tax, it doesn’t say that. It says that you can keep doing what your doing, we just want you to pay us to do it. It’s ALWAYS about the money. It has nothing to do with “da planet”.
So many people need to be voted out of Congress; its going to be hard to know where to start.
If its an old name that is trying to make a comeback, or just a old name that keeps popping up, vote them out whether they are a D, I or R.
It wont reduce carbon emmissions or solve Global Warming , However it will make the Kerry-Lieberman richer.
For me, Lieberman completely shredded the last snippet of credibility he retained by co-sponsoring this idiocy. Sometimes, decisions get simpler.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.