Cap-and-Trade Con: Climate-Change Alarmists Use Fabricated Fear of Global Warming to Establish Eco-Government

By Terrell, Rebecca | The New American, June 21, 2010 | Go to article overview

Cap-and-Trade Con: Climate-Change Alarmists Use Fabricated Fear of Global Warming to Establish Eco-Government


Terrell, Rebecca, The New American


Last month, Senators John Kerry (D-Mass.) and Joe Lieberman (I-Conn.) unveiled their "American Power Act," custom-tailored to President Obama's plans to set up quotas for industrial greenhouse gas (GHG) emissions, with total allowable emissions reduced over time. Better known as cap and trade, the bill is an updated version of S. 1733, companion legislation to the House-passed Waxman-Markey bill, H.R. 2454. Kerry's official home page brags that the new bill "puts America back in control of our own power generation, starts to clean up the carbon pollution that threatens our climate stability, and puts us on the path to a new, cleaner and more prosperous economy for the 21st Century."

[ILLUSTRATION OMITTED]

Kerry and Lieberman redrafted S. 1733 when Republican colleague Lindsey Graham of South Carolina withdrew his support of the legislation. In a May 7 press release, Graham admitted that "the House-passed cap and trade bill is dead," thereby indicating that he was influenced by growing public sentiment against Capitol Hill's climate-change agenda. An April Rasmussen poll found only 33 percent of Americans believe in man-made global warming, down from 47 percent just two years ago.

This growing public awareness is owing in part to last November's "Climategate" scandal involving leaked e-mails that showed UN climate researchers mishandled and manipulated data to favor their own alarmist agenda. A number of gaffes followed in the wake of Climategate: dissension and infighting among delegates at December's UN Climate Change Conference in Copenhagen; January's revelations of deceit in various reports of the UN Intergovernmental Panel on Climate Change; Climategate scientist Phil Jones' admission to the BBC in February that there has been no "statistically significant" warming for the last 15 years; and the Christian Science Monitor's exposure of fraud in cap and trade.

Despite the negative publicity, congressional diehards remain steadfast in their crusade to pass climate-change legislation. But what of Kerry's boast? Does cap and trade really mean cleaning up "carbon pollution" and ushering in a "more prosperous economy?"

A Hefty Tax

Experts disagree with Kerry's cap-and-trade description. The U.S. Treasury Department released a 2009 analysis of the Waxman-Markey bill indicating that the cost to American taxpayers would be approximately $393 billion per year. According to Heritage Foundation senior analyst Ben Lieberman, cap and trade would cost $4 trillion by 2035, to fund the modest goal of reducing temperatures by only 0.2[degrees]C.

These totals stand in sharp contrast to Obama's claims in a June 2009 address to the House of Representatives that "the price to the average American will be about the same as a postage stamp." Obama's calculation was less than 1 percent of Treasury predictions, and far less than his own dauntingly ambiguous estimate made in a January 2009 interview with the San Francisco Chronicle when he admitted, "Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket."

Jim Johnston, senior fellow with the Heartland Institute, said that the new Kerry-Lieberman re-write offers nothing better. He summarized the bill at the Institute's 4th International Climate Change Conference in May. The legislation mandates graduated limits on industrial GHG emissions, sets up a highly regulated GHG emissions trading system, and provides government subsidies for various energy and environmental initiatives such as natural gas and electric vehicles as well as wind and solar power.

Its schedule of emissions restrictions starts with a 17-percent cut in 2005 levels by 2020 and builds to 83 percent by 2050. This will reduce the amount of energy coming into the economy, driving prices up by two-and-a-half times the percentage reduction in emissions. "There is going to be serious damage to the economy," said Johnston, "and I don't see very much relief coming until it becomes evident that emissions reductions do not mitigate warming.

The rest of this article is only available to active members of Questia

Sign up now for a free, 1-day trial and receive full access to:

  • Questia's entire collection
  • Automatic bibliography creation
  • More helpful research tools like notes, citations, and highlights
  • Ad-free environment

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

Cap-and-Trade Con: Climate-Change Alarmists Use Fabricated Fear of Global Warming to Establish Eco-Government
Settings

Settings

Typeface
Text size Smaller Larger
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Full screen

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.