Oscillation Rules as the Pacific Cools

PASADENA, Calif. -- The latest image of sea-surface height measurements from the U.S./French Jason-1 oceanography satellite shows the Pacific Ocean remains locked in a strong, cool phase of the Pacific Decadal Oscillation, a large, long-lived pattern of climate variability in the Pacific associated with a general cooling of Pacific waters. The image also confirms that El Niño and La Niña remain absent from the tropical Pacific. [Via NC Media Watch]

Investor's Business Daily -- Economic Chill

So why in an economy reeling from a market collapse are we still considering emission controls certain to kill both jobs and economic growth? The EPA said the cap-and-trade lunacy of the recently stalled Lieberman-Warner bill would have caused a loss of $3 trillion in GDP in a $14 trillion economy.

An analysis by the National Association of Manufacturers and the American Council for Capital Formation concluded that passage of Lieberman-Warner would by 2030 cost the average American household $6,752 a year, with job losses as much as four million.

The Earth is cooling. So is the economy. It's time to step on the gas, not regulate it.