Still, Mr. Schwarzenegger appears desperate to pay for administering the overreaching 2006 Global Warming Solutions Act, which seeks to reduce greenhouse-gas emissions by a third by 2020. Eventually, the state’s war on global warming is to be funded by fees imposed on businesses that emit carbon dioxide, a more permanent cost to the private sector, and in our view, even more egregious.

That brings us to the second reason it’s a bad idea for the state to go into debt by borrowing from itself to “solve” global warming. Even as the state ratchets up enforcement of the anti-global warming act and decides how to calculate business’ fees, scientists increasingly are realizing the problem is evaporating. Global temperatures in the past decade have shown no increase, and some scientists predict a cooling trend ahead. All four major global temperature-tracking outlets in the past year show temperatures have declined from 0.65 degree C to 0.75 degree C, while increased warming recorded over the past century is estimated at only about 1 degree C.

In New York last week, 400 dissenting scientists, economists and other experts at the International Conference on Climate Change conference challenged the global warming hysteria. The argument for government regulations and taxes is based on accounts from the U.N.’s Intergovernmental Panel on Climate Change, which the dissenting scientists say distorted original research in final edited reports.

The IPCC reports also ignored more accurate satellite data, significantly altered scientific texts to conform to the alarmist agenda and drew erroneous conclusions from since-discredited statistical graphs, while completely devaluing solar activity’s effects on climate change, say the dissenters.

Clearly, there is no need to impose a governmental war on global warming. There’s certainly no reason to borrow money with interest to finance that war.

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