Tuesday, May 18, 2010

Just Don't Call It a Climate Bill

Subject: txt grn engry action -
Despite the most creative rhetoric this side of ObamaCare, voters have figured out that "cap and trade" involves artificial carbon rationing and vast new energy taxes. So the main goal of John Kerry and Joe Lieberman has been attempting to disguise these truths in the climate bill they released to much fanfare last week.

... Oh, and since America is not a planet, Kerry-Lieberman will have little to no effect on global CO2 concentrations as the Chinese, Indian and Brazilian economies expand. But the bill would impose carbon tariffs on countries that don't adopt similar restrictions, likely leading to a trade war.

The Beltway wisdom says this combination of corporate welfare and economic destruction has little chance to pass this year, but don't be so sure. The left and Mr. Obama know their supermajorities are about to vanish, and they are ideologically willful enough to make one more effort to jam this through the Senate. They just won't call it a gas tax, or cap and trade, or anything close to what it really is.

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