Senators Lieberman, Graham, and Kerry have come forward with a bold, new proposal on global warming… or not.
Here is Senator Lieberman’s description of the “new” proposal:
“You remember the artist formerly known as Prince?” Lieberman said. “This is the market-based system for punishing polluters previously known as ‘cap and trade.’ “
Who will be punished under this re-badged clunker? The Center for Data Analysis estimated that cap-and-trade legislation will cost the economy $7-9 trillion in lost national income and lead to millions of lost jobs (even after credit for any green jobs).
Household energy prices will rise 50-90 percent. Average farm profits will drop over 50 percent. Manufacturing is especially hard hit, losing jobs at a rate 4.4 times that of the economy overall.
Senator Lieberman has been refreshingly clear that this bill is intended to punish. But it is American families, farmers, factories and more who will suffer the pain.
A new name for a bad policy is a bad idea.
Video: The Cap and Trade YouTube the Obama Admin. Does Not Want You To See
Author: Conn CarrollThe Environmental Protection Agency has directed two of its lawyers to makes changes to a YouTube video they posted that is critical of the Obama administration’s climate change policy.
The EPA lawyers did take their video down. But not before others reposted it. Watch:Click here to view the embedded video.
You can read an op-ed the lawyers wrote for the Washington Post here. The Heritage Foundation does not endorse the couple’s call for carbon taxes, but their analysis of the futility of cap and trade is dead on.
Read about how the economists who first thought up cap and trade, do not believe it can control carbon, here.
Read about how carbon credits are an absolute fraud here, here, here, here, and here.