Wednesday, September 30, 2009

Boxer-Kerry Bill: It’s Still All About Jobs - Environmental Capital - WSJ
But the big selling point, Sen. Boxer said, is jobs.
Michelle Malkin » The Boxer-Kerry green boondoggle
Expensive eco-hysterics take to the Senate floor today. Democrat Sens. Barbara Boxer and John Kerry are set to unveil their “climate change” plan this morning.

The Institute for Energy Research has posted the two advance drafts of the bill and provides helpful analysis.

Except, of course, for the parts where Boxer and Kerry have inserted numerous placeholders...
Energy Tribune- Waxman-Markey: All Sham, No Wow
None of the preceding has even addressed the uncertainty regarding man-made climate change or the costs of adapting to climate change. Mankind has always had to adapt to changing climate. Moreover, why today’s climate is, to quote the immortal Goldie Lox, “just right,” is not clear. Worst of all, proponents of Waxman-Markey, including Krugman, appear to have forgotten one of the most basic of all economic concepts: the need to allocate scarce economic resources. In the 2008 Copenhagen Consensus, addressing climate change ranked at the very bottom of numerous environmental and health challenges. Viewed in that light, Waxman-Markey is all sham, and no wow.
Not Everyone Won the Cap and Trade Lobbying Battle » The Foundry
Giving away allowances are not an exception to the “no free lunches” adage. Giving away allowances does not lower the costs of cap and trade; it merely shifts the costs around. Waxman-Markey is Robin Hood in reverse: it takes a lot of money from regular Americans and funnels it to Washington bureaucrats and the corporations with the best lobbyists.

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