Global Warming’s Trillion-Dollar Turkey
THIS IS THE BEST ONE YET, READ THIS POST, WE ARE TALKING ABOUT YOUR DOLLARS
Last July, this column reported that the latest global warming bill — the Low Carbon Economy Act of 2007, introduced by Sens. Jeff Bingaman, D-N.M. and Arlen Specter, R-Pa. — would cost taxpayers more than $1 trillion in its first 10 years and untold trillions of dollars in subsequent decades. This week, the EPA sent its analysis of the bill’s impact on climate to Bingaman and Specter.
Now we can see what we’d get for our money, and we may as well just build a giant bonfire with the cash and enjoy toasting marshmallows over it. For reference purposes, the current level of carbon dioxide in the atmosphere is about 380 parts per million. The EPA estimates that if no action is taken to curb CO2 emissions, the atmospheric concentration of CO2 would be 718 ppm by 2095.
If the Bingaman-Specter bill were implemented, however, the EPA estimates that CO2 levels would be 695 ppm — a whopping reduction of 23 ppm.
The Bingaman-Specter bill, then, would cost taxpayers trillions of dollars and produce virtually nothing in terms of temperature outcome. But the pain of Bingaman-Specter doesn’t stop with trillions of taxpayer dollars. The heart of the Bingaman-Specter bill is a so-called cap-and-trade system in which CO2 emission limits (caps) would be decreed and certain businesses and other special interest group emitters (such as farmers and states) would be given permits to emit CO2.
THIS IS WHAT WILL HAPPEN. CHECK MY POST ON 10/5/07 :
WOULD YOU EXPECT ANYTHING LESS FROM THE MOONBATS?
WHAT DOES ARLAN SPECTOR KNOW ABOUT GLOBAL WARMING???? HE NEEDS TO GO OUT TO PASTURE.
WILL THE SO-CALLED CAP AND TRADE SYSTEM WORK?? NO NO NO . THIS SYSTEM WILL WORK ON THE U.S. TAXPAYERS BUT WILL ONLY REDUCE CO2 BY 23ppm. OUR WONDERFUL GOVERNMENT AT WORK. HOW MUCH OF THE MONEY FOR THIS BILL WILL BE SIPHONED OFF TO PAY FOR OTHER PORK BARREL PROJECTS??????
PEOPLE OF AMERCIA, SET ON YOUR BUTT, DO NOTHING, THAT IS WHAT THE MOONBATS WANT YOU TO DO.
WAKE UP, IT MAY ALREADY BE TOO LATE.
Waco Chemical & Supply Co., preserving our environment through chemical research, recycling chemicals, and EARTHKLEEN and EcoSMART chemical products