Wednesday, March 25, 2009

Obama's Carbon Cap and Trade Policy is Costly for Consumers
A key element in President Obama’s economic agenda is legislating limits on carbon dioxide emissions to combat the supposed threat of global warming. What have been given far less attention are the costs that will be imposed on the American people from implementing this policy – costs that potentially can be very high.
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...But any serious public discussion about the benefits of implementing such a government intervention should at same time weigh carefully the cost on the standard of living of the American people. (See, AIER's volume on, The Global Warming Debate: Science, Economics, and Policy.)

This is especially important, given the current administration's plans for the revenues from the proposed cap and trade policy. Some have proposed returning most, if not all, of the $650 billion in revenues for the carbon permits to various segments of the population in the form of tax credits,. The Obama administration, however, has suggested that it wishes to use a large proportion of these new revenues to finance an expansion of the government’s national health care system.

The White House is not only trying to manipulate the way we produce and consume. It also plans to generate a new stream of government revenue to implement the expansion of its welfare state, redistributive agenda.
Australian Climate Madness: Gore's latest work of fiction
An Inconvenient Truth was far closer to fiction than fact (or so the UK High Court thought and there are 35 fundamental errors listed here), so you can bet the next one will be as well. That, however, will not prevent Gore from pocketing a substantial amount of money for writing this trash
Environment » Blog Archive » Al Gore’s new book: will you read it? | Blogs |
When I attended a talk by Al Gore about global warming in Oslo in March 2007, I noticed that one of the people clapping loudest — about two rows in front of me — was the head of the committee that awards the Nobel Peace Prize.

Ole Danbolt Mjoes also joined in a minute-long standing ovation for the former U.S. vice president. “A very important message,” was all Mjoes would tell me of Gore’s speech afterwards when I went up and asked him if Gore had a chance of winning.

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