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A desperate push is underway to enact the Climate Security Act sponsored by Sen. Joe Lieberman (I-CN) and Sen. John Warner (R-VA). It would impose cap-and-trade mandates on anything that generates carbon dioxide (CO2) emissions and that pretty much includes everything involving energy use, including backyard barbequing.
Just what “climate security” is remains a mystery. It suggests that humans actually have something to do with the climate and only idiots believe that. If that were true, there would be no tornadoes tearing up the mid-west or hurricanes threatening the east coast. There would be no droughts, no blizzards, and other weather phenomena.
The Natural Resources Defense Council, one of the most
virulent environmental organizations, famed for finding ways to impede
any kind of development nationwide, whether it’s housing for a growing
population, ranching and farming to feed it, or anything industrial
that might provide jobs, is sponsoring a May 29 briefing for “America’s
editorial board members and op-ed page editors, via a conference via
phone.
You can expect newspapers to publish a raft of editorials
and op-eds praising legislation based on the notion that CO2 must be
reduced to stop global warming.
The problem for the
environmentalists is that the Earth is now a decade into a cooling
cycle that even U.S. government agencies such as NOAA acknowledge. The
other problem is that CO2 represents about 0.038 percent of the Earth’s
atmosphere which is comprised mostly of water vapor. So there is no
global warming and the role of CO2 is negligible. Earlier this month
there was news of some 31,000 scientists from around the world who have
signed a petition debunking the global warming hoax. More than 9,000 of
them were PhDs.
Among those participating in the NRDC conference
call will be Sen, John Kerry of Massachusetts whose resume makes no
reference to any knowledge of meteorology or climatology.
The
Senate would be better off to pay some attention to the estimates of
the costs involved in establishing a program to reduce “greenhouse
gases.” A study by the Heritage Foundation predicts the following:
- The impact on the economy would be horrendous. Heritage estimates that
cumulative gross domestic product (GDP) losses of at least $1.7
trillion that could reach $4.8 trillion by 2030 (in inflation-adjusted
2006 dollars).
- Single-year GDP losses of at least $155 billion that could exceed $500 billion (in inflation-adjusted 2006 dollars).
-
Annual job losses that would exceed 500,000 before 2030 and could exceed a million.
-
The annual cost of emission permits to energy users to cost at least $100 billion by 2020.
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The average household will pay $467 more each year for its natural gas
and electricity (in inflation-adjusted 2006 dollars). That means that
the average household will spend an additional $8,870 to purchase
energy over the period 2012 to 2030.
It’s worth noting that a similar bill in 2005 was defeated by a vote of 60-38, an even larger margin that an earlier 2003 vote.
Cap-and-trade
legislation is a non-solution to a non-problem and this vote will take
place at a time when most of the public has wisely concluded that
global warming, except for Al Gore’s fulminations about the coming end
of the world, is just so much hot air. Such carbon credits, however,
would likely make him and his fellow conspirators very wealthy through
the creation of exchanges for their sale and trade.
What makes
this legislation so utterly wicked, inane and insane is that it would
wreck what is left of our already injured economy, trying to pull
itself together after the mortgage loan debacle of our financial
institutions, and facing the rising costs of oil whose full effects
have yet to be felt as they ripple through the economy.
The fact
that environmental organizations would try to get such legislation
imposed tells you everything you need to know about their true agenda
regarding America.
Alan Caruba writes a weekly column posted on
the website of The National Anxiety Center, www.anxietycenter.com. He
blogs at http://factsnotfantasy.blogspot.com.
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