
What, the old DeLorean is up on cinder blocks in the front yard again? In that case you can test drive Waxman-Markey by sailing down to Haiti, because current CO2 emissions are where Waxman-Markey wants America's to be in 2050. Radical environmentalists think such a CO2 level will be heaven on Earth, but the place that has actually achieved it is a nation swimming in bacterial and protozoal diarrhea, hepatitis A and E, typhoid fever, dengue fever and malaria, with 47 percent illiteracy and a life expectancy of 49 years. So excuse me if I remain unconvinced.
Just why anyone beyond reliably liberal politicians and environmental activists would support cap-and-trade is getting harder to understand. It is true that some utility companies that used to be suspicious now embrace it, but probably only so long as they get their free emissions permits.
Others say the bill is only alive because the Obama administration needs the revenues produced by cap-and-trade to pay for its broad expansion of government. The revenue impact is between $646 billion and $2 trillion over the next 10 years, but the longer the legislation lies out in the sun, the less appetizing it becomes.
Now even Democrats are getting concerned that it will damage their districts. One Democrat on the Energy and Commerce Committee put it this way in a question to former Vice President Al Gore: "What do I tell a single parent, for example, in my district with two children, two young children, making $8 an hour? What can I say to reassure her that she will be able to afford the cost of this legislation?" The vice president didn't know, and neither does anybody else.
Protozoal diarrhea FTW! So how would you like to live in your current home without electricity? Think about the electrical devices you will now have to do without or pay heavily for. What did you think of first? Your television? Your computer? How about your refrigerator or your freezer? Mark my words: "cap-and-trade" will be come a congressionally investigated screw up at some point in the future if this crap is enacted. Some one will find a way to make millions and millions dollars of unregulated money from this and it won't save a single ton of emissions due to some loop-pole they write in to the bill. And of course who are they making the money off of? Why you and I of course in the form of high costs for utilities. Dirty, dirty utilities.