Draft climate proposals reveal [scammee/scammer] split on new pact | Reuters

LONDON, April 28 (Reuters) - A gulf needs to be bridged if the world is to sign a new climate treaty by a December deadline, acccording to proposals from more than 30 countries posted on a U.N. website on Tuesday.

The first suggested texts for a new pact underlined a rich-poor split on sharing the cost of fighting climate change, which has hampered ongoing U.N.-led climate talks meant to agree a deal in Copenhagen at the end of the year.
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China rejected discussion of long-term goals until rich countries as a group committed to cut their greenhouse gases by at least 40 percent below 1990 levels by 2020 -- referring to the top end of the most commonly referenced range of cuts.

Chief U.S. negotiator Todd Stern said in March that insisting on a 25-40 percent range for the United States was "a prescription for stalemate".

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Quote of the Day: "The cities will be like an oven." JUZHONG ZHUANG, co-author of the Asia Development Bank report about global warming

$375k seems like relatively small potatoes; what about Gore's mysterious $300 million? — Climate Lobbying 101: Whoever gives the gold, makes the rules

LOBBYING: Industry dollars go to a handful of influential Energy and Commerce members

As always, Congress is driven by the Golden Rule — whoever gives the gold, makes the rules:

Electric utilities, oil and gas corporations, coal producers and other energy industry interests poured more than $375,000 into the coffers of House Energy and Commerce Committee members during the first three months of 2009, according to an E&E examination of campaign finance records.

The ChamberPost: Study - Economic Consequences of Cap and Trade

This study proves that Cap and Trade will be a massive weight on an economy that is barely treading water. The data projects broad increases in energy costs that will result in more than 3 million jobs lost by 2030 and a cost of more than $2,100 per household. According to the study, by 2030 natural gas and electricity costs will increase by more than 50% and motor fuels costs by 78 cents a gallon. Taken together, the combined effects of increased energy costs and dollars spent on carbon reductions will force industry to reduce productivity.