Steven Pearlstein - Climate-Change Bill Hits Some of the Right Notes but Botches the Refrain - washingtonpost.com
The other thing to say about it is that it is a badly flawed piece of public policy. It is so broad in its reach and complex in its details that it would be difficult to implement even in Sweden, let alone in a diverse and contentious country like the United States. It would create dozens of new government agencies with broad powers to set standards, dole out rebates and tax subsidies, and pick winning and losing technologies, even as it relies on newly created markets with newly created regulators to set prices and allocate resources. Its elaborate allocation of pollution allowances and offsets reads like a parody of industrial policy authored by the editorial page writers of the Wall Street Journal. The opportunities for waste, fraud and regulatory screwup look enormous.The MIT Global Warming Gamble « Roy Spencer, Ph. D.
It turns out that the belief in a sensitive climate is not because of the observational evidence, but in spite of it. You can start to learn more about the evidence for low climate sensitivity (negative feedbacks) here.SF Environmental Policy Examiner: Yes to Obama's energy plan, no to global warming scare tactics
As the slightly-retouched photo of the MIT research group shown above suggests, I predict that it is only a matter of time before the climate community placing all its bets on the climate models is revealed to be a very bad gamble.
As I may have mentioned once or twice before, I believe President Obama's energy plan is sound and should be implemented without drastic change, including cap and trade. This is despite my firm belief that climate change activists have severely exaggerated their claims regarding the causes and potential effects of global warming.
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