The Center for Public Integrity reports that more than 770 organizations have hired an estimated 2,340 lobbyists who earned an estimated $90 million last year to influence the federal government on climate change legislation.
The Center’s website has a search form so you can see who’s lobbying for who and for how much.
No word on who, if anyone, will be lobbying on behalf of consumers and taxpayers.
To support the enactment of California’s global warming bill, Mary Nichols, the state’s top air regulator, embraced as “good-news-numbers” a cost-benefits analysis that predicted the law would create 100,000 jobs and increase per-capita income by $200 by 2020.
The New York Times reported this morning that, as it turns out, it is the critics who labeled the cost-benefit analysis as “unrealistic” who were correct:
In one withering review, Matthew E. Kahn of the University of California, Los Angeles said the analysis unconvincingly portrayed the law as “a riskless free lunch.” Another economist, Robert N. Stavins of Harvard, said the regulators were “systematically biased” in ways “that lead to potentially severe underestimates of costs.”
Now, with the recession deepening — unemployment in California is 9.3 percent — manufacturers like Mr. Repman say the recession will make carrying out the state’s plan, the first stage of which goes into effect in 2010, even more difficult and could make the economy worse.
The lesson? As the Times reported:
“We’re talking about a transformation of the way of life,” said Greg Freeman, an economist with the Los Angeles Economic Development Commission. “There’s going to be transitional costs. We can’t have the debate about whether the cost is worth paying unless we have a realistic idea of what the cost will be.”