Wednesday, March 18, 2009

Cap and Trade Scheme Will Hurt U.S. Economy -- Seeking Alpha
No one, not even Al Gore, can claim with enough certainty that a global depression is the price we need to pay to save the planet, especially when there are other and far cheaper alternatives such as simply adapting to a warmer climate.

The basic problem is that those who believe in man-made global warming seem ready to do just about anything, even if it makes no economic sense, in order to "save the planet." Sorry, but that just doesn't make any sense at all. If the Obama administration doesn't soon come down from its Ivory Tower to the realities of how things work, the world is going to be facing problems that are much bigger than global warming.

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