Cornell professors want climate scam money directed towards Cornell

As global warming becomes an increasingly acknowledged stark reality in Washington, policy-makers and politicians are scrambling to up the ante on “green” efforts. Last week, they sought the advice of Prof. Arthur DeGaetano, climatology and Prof. David Wolfe, horticulture.
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“We can no longer rely on historical climate records to tell us what to expect in the future for any region,” Wolfe stated in an e-mail. “We are the first generation of humans in modern history to face this kind of predicament, and it creates a serious problem for decision- makers of all kinds. Cornell, with its blend of basic and applied research and education outreach is well-positioned to play a major role in the development of these new decision tools.”

Paul Chesser: The American Spectator : Bustin' a Cap & Trade

The uncooperative climate and plummeting economy have attempted to deliver a one-two bitchslap smackdown of a wakeup to the global warming alarmists, but they still snooze. They instead cling to the nuns of their religion, hoping to inflate yet another economic balloon: that of a punishing carbon cap-and-trade system, which would heavily tax coal and oil as energy sources in a phony, "market-based" rationing system. The boom-and-bust bad examples of 1990s exuberance, Enron speculation, and the twin bastards of the federal government have not been a lesson learned by these environoiacs. They want AIG on their faces too.

Congressional Budget Office director talks about drags on the economy from cap and tax scam

REP CAMP: Would a climate change policy that places a price on carbon--- would that mean higher energy prices across the entire economy?

CBO DIRECTOR ELMENDORF: Yes. I don’t know what you mean by the short run, but at any point in which we are putting a price on carbon emissions, that would be passed through to the cost that consumers face on energy products but also all other products that are made using fossil fuels.

REP CAMP: Thank you. Are there any goods and services that would not rise in price in response to that policy?

CBO DIRECTOR ELMENDORF: I don’t know if there are any goods that use no energy in their production. It seems to me unlikely.

REP CAMP: When CBO estimates the impact of imposing say a cap-and-tax system on the economy, isn’t it true that when CBO scores those proposals, that it assumes the increases on energy taxes act as a drag on the economy and thereby reduce other income and payroll receipts?

CBO DIRECTOR ELMENDORF: Yes. An indirect tax—sales taxes, all sorts of other indirect taxes- and the carbon tax- so the price of cap-and-trade allowances would fit in that category. That kind of revenue would then reduce the income that people have and the taxes they pay to the government.