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Saturday, October 03, 2009

Oscar Bait in the Emissions Debate - D.C. Current - J. McTague - Barrons.com
DIRECTORS PROSPECTING FOR OSCAR- LEVEL TALENT should rush not to London or Sydney or even to Hollywood, but to old D.C. Where else do people so ingeniously disguise their self-interest as high principle?

I'd sign Exelon CEO John Rowe to play the film role of Fibber McGee, a teller of tall tales and popular radio character for two decades, starting in 1935. I'd whip out another contract for Tom Donohue, president and CEO of the U.S. Chamber of Commerce, to play Pinocchio. In my estimation -- no slight intended to the folks in the West Wing or on Capitol Hill -- they are masters of political misdirection and some of this year's best acts.
...During a March 10 investor conference, Exelon lobbyist Elizabeth Moler said she and Rowe had visited Emanuel and that he had told them that congressmen who supported a BTU tax during the Clinton presidency had committed political suicide, and no one would repeat the mistake.

Donohue played the role of elder environmental statesmen, seeking a global pact on emissions that would be less damaging to the economy than congressional proposals. He said: "To combat global climate change, world leaders must agree to a treaty that sets real, enforceable targets for all nations, while allowing each nation the flexibility to meet these targets through whichever policy device it chooses." These idealistic words are a sure-fire formula for failure. The killer: Demanding that it include "all nations." Nevertheless, Donohue uttered his lines with a straight face -- a bravura performance.
Theresa Henderson: Stop cap-and-trade
President Barack Obama's proposal is to reduce U.S. emissions to about the same per capita "carbon footprint" as Americans had in 1867 by the year 2050.
Con: Green job subsidies will destroy far more jobs than they create -- GazetteXtra
The same lesson can be seen in the United States. California has led the states in pursuing a green jobs agenda. Environmentalists often cite it as a model for the rest of the nation. But California also stands out as having higher unemployment and energy costs and a weaker economy than nearly every other state.

Waxman-Markey would take the nation down the same job-killing path. Some jobs would be destroyed entirely. Others would be outsourced to nations that don’t drink the cap-and-trade Kool-Aid.

China, India and other developing nations have wisely stated that they won’t accept similar global warming restrictions on their own economies, and for good reason. They know full well that the policies giving rise to green jobs kill many more jobs in the process.
Former Abramoff allies claim cap-and-trade ‘favors corporate interests’ | Raw Story
In a Friday press release, NCPPR's Free Enterprise Project claims that the plan to "hand out free emissions allowances that are worth billions of dollars ... opens the door for a behind-the-scenes lobbying fest that will reward well connected companies while looting taxpayers."

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