Poznan Puffery - Chris Horner - Planet Gore on National Review Online

One more thing illustrated on that same chart: emissions covered by Europe’s vaunted Emissions Trading Scheme — the costly cap-and-trade regime we’re supposed to implement here next year to show the world what good people we are — well, those emissions rose while EU economy-wide emissions dripped slightly. All hail the mighty cap-n-trade!

So, nowhere in the facts do you find any support for the claim that either Kyoto or Europe’s carbon-rationing scheme has actually accomplished what you will be told this week that it has accomplished. And most of those who will be making those claims surely know better, by the way.

Robert J. Samuelson - The Economy Must Be Obama's First Project

Any program to refashion the energy and health-care sectors -- to take two obvious candidates -- would be complicated and contentious. Some producers and consumers would win; others would lose. Proposals would create massive uncertainties for businesses and raise the probability of higher costs. To succeed in curbing greenhouse gas emissions, for example, any cap-and-trade program must involve higher energy prices.

The notion that green investments would be large, permanent net creators of jobs is mostly a mirage. Somehow these investments must be paid for. If that happens through higher prices, higher taxes or cuts in other government programs, then most green jobs will substitute for other types of jobs.