This carbon bill isn’t the answer

Här kommer mera kommentarer i en ledare från Ohio tidningen The Plain Dealer (Obsevera att tidningen tror på Global Warming Hysterin)  inför senatens diskussion den här veckan av the Lieberman-Warner Climate Security Act S-1291.

Se även mina inlägg: Cap and Spend – The largest income redistribution scheme since the income tax!,  We Don’t Need a Climate Tax on the PoorClimate Reality Bites with Cap and trade – This is a giant revenue grabSacrifices to the Climate Gods Beware Lieberman-Warner, Just Call It ‘Cap-and-Tax’The Economic Costs of the Lieberman-Warner Climate Change LegislationDemocrats Fall OutMcWavering: What’s the Deal-Breaker for Lieberman-Warner?Obamas Big Carbon FootprintHow Hawaii Will Be Affected by the Lieberman-Warner Global Climate Change LegislationClimate Catastrophe for The state of WashingtonGlobal warming proposals would gut N.C. economyCarbon plan ‘to cost business $22bn’,

Artikeln finns här:

http://www.cleveland.com/printer/printer.ssf?/base/opinion/1212222701195010.xml&coll=2

This carbon bill isn’t the answer

Sunday, June 01, 2008

The latest version of a bill that would mandate a carbon emissions cap-and- trade system for utilities and others using high-carbon coal is due to come before the full U.S. Senate on Monday. It could be voted on before the end of the week.

To judge from the intensity of lobbying, you’d think it was a proposal to make it easier to exit Iraq, corral oil prices, revive the economy, spur renewable energy investments and end unemployment.

You’d be wrong on all counts.

The bill, as conceived, will just bore new holes into an already battered economy.

It also doesn’t have a prayer of becoming law. There is no companion legislation in the House, and President Bush threatens a veto if one materializes.

Neither of Ohio‘s senators has said he supports it, and the big push by environmentalists to try to swing one of those likely nays – the one belonging to freshman Democrat Sherrod Brown – is all about symbolism over substance. In failing to compromise on issues of regional equity repeatedly highlighted by Ohio’s other senator, George Voinovich, the bill’s supporters evince crass disregard for the economic realities of hard-hit manufacturing states.

Neither Brown nor Voinovich denies the need to reduce carbon emissions and address global warming.

That need is increasingly urgent, given recent findings by scientists within the formerly skeptical Bush administration on how accelerating climate change is beginning to impact Americans’ well-being.

Yet the hammer-and-tong approach of the Senate bill – originally sponsored by Democrat Joe Lieberman of Connecticut and Republican John Warner of Virginia and recently tweaked by Democrat Barbara Boxer of California – lacks even a semblance of balance.

Coal-dependent states with partially deregulated energy prices – Ohio, for instance – would take a double hit in economic dislocations and electricity price spikes, with barely any financial cushions to make the disruptions more palatable. The bill also lacks the kind of consumer fairness and flexibility necessary to avoid fuel-price shocks and damage to manufacturing nationwide.

Those who have watched the Europeans’ cap-and-trade system deteriorate into a nightmare of bureaucratic costs, nonsensical investments in outdated factories in China and puzzling price spikes in which the utilities were the only clear winners can be excused for scratching their heads over why cap-and-trade remains the ”only” idea worth pursuing.

Surely there are less cumbersome, more equitable ways of making carbon emissions more expensive, and thus spurring investment in new technologies, without breaking the banks of both small-town and industrial Ohio.

© 2008 The Plain Dealer

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2 svar to “This carbon bill isn’t the answer”

  1. “Sustainability” and Carbon Taxes runs amok in my town « UD/RK Samhälls Debatt Says:

    […] scariest organization you ever seen – Take your children and run before they tax you to death!,  This carbon bill isn’t the answer,  Cap and Spend – The largest income redistribution scheme since the income tax!,  An […]

  2. The perfect “Eco Friendly” life for humans according to The Global Warming Hysterics « UD/RK Samhälls Debatt Says:

    […] scariest organization you ever seen – Take your children and run before they tax you to death!,  This carbon bill isn’t the answer,  Cap and Spend – The largest income redistribution scheme since the income tax!,  An […]

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