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...