Jul
9
As the Waxman-Markey Cap and Trade bill winds it’s way through Congress, the Environmental Protection Agency don’t seem to be all that keen.
Via Heritage Foundation:
EPA Administrator Jackson confirmed an EPA analysis showing that unilateral U.S. action to reduce greenhouse gas emissions would have no effect on climate…
“I believe the central parts of the [EPA] chart are that U.S. action alone will not impact world CO2 levels,” Administrator Jackson said.
So if this bill is acknowledged by the experts to have no effect on climate change, why on earth are the Democrats and President Obama so keen to force this law through? After all, it will lead to trillions in new taxes for Americans over the coming years.
For any serious effort to be made on reducing emissions worldwide, China, India and developing economies have to be playing their part. And this is one argument that I have seen made to justify this Cap and Trade bill. The argument states that China, India et al will not work to cut omissions until there is evidence that the west are serious about it too. Hence the unilateral actions in Europe and now by the U.S.A.
But this seems like a big risk to me. Cap and Trade is bound to have a negative effect on the economy, at least in the short-term. Higher taxes and costs for the everyday items like food that are dependent on newly taxed energy dependent supply chains are unlikely to make this bill popular for average Americans. And this sacrifice is made in the hope that the developing economies will play ball. It seems more likely that China and India will ride their unregulated and dynamic economies to positions of global dominance as Europe’ s and America’s flounder under the added weight of unilateral carbon control self-handicapping.
If Waxman-Markey passes the senate and is signed into law, it will most likely prove to be a gigantic and very expensive folly.
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2 Responses to “Cap and Trade: No Help From The Environmental Protection Agency”
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C. Cabbie,
There has always been a mindset from the American left against being the world’s dominant power. And, they have set out to destroy that dominance. I can only think that this comes from a naive belief that no other countries have ambitions to do better for their people. That they want their people to remain in poverty. It’s a mystery to me, what goes on in these commie’s minds.
I think it appropriate that Waxman is behind the push to destroy America’s wealth…I call he ‘Death-head’ because his mission fits his appearance.
Ed morrissey at hotair reports:
Climate Czar Carol Browner … told the Auto Industry Task Force to leave no record of the negotiations, or for that matter, no record of anything at any time.”
“Put nothing in writing, ever”
rep. sensenbrener complained that Browner “intended to leave little or no documentation of the deliberations that lead to stringent new CAFE standards.”
obama was right. as far as openness, this is unprecedented.
probably against the law too. but does anyone in the administration care? not if they get the result they want.