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June 02, 2008
Quick! Raise energy prices! An election is coming!
While I've complained about (and even tried to analyze -- ugh!) the Lieberman-Warner "cap and trade" bill, I worried that it might pass, because it was a bipartisan bill that most voters didn't even know about. So naturally was delighted today to see apparent evidence that the vast majority of voters oppose it: As the Senate is poised to vote on the Lieberman-Warner America's Climate Security Act, a new poll finds an overwhelming majority of Americans oppose the higher energy costs the bill would impose.There are also profound philosophical objections. The Lieberman-Warner bill is a cap-and-tax energy scheme, a carbon-emissions rationing program, a new tax on businesses and consumers, a new big government central agency and new career opportunities for thousands of new lobbyists specializing in greenhouse gas regulations...And here's CATO's Patrick Michaels: It's going to cost trillions and do nothing measurable about climate change in the foreseeable future. Maybe it should be named the "Economic Insecurity Act" of the 21st Century.All of this means that they'd never dare pass it, right? Not in an election year? Or would they? posted by Eric on 06.02.08 at 11:59 AM |
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