The Washington Times reported today that,
President Obama’s climate plan could cost industry close to $2 trillion, nearly three times the White House’s initial estimate of the so-called “cap-and-trade” legislation, according to Senate staffers who were briefed by the White House…
“We all looked at each other like, ‘Wow, that’s a big number,'” said a top Republican staffer who attended the meeting…
It’s a big number that will accomplish nothing since, according to IPCC formulas, it would cost about $100 trillion to avert 1 degree Celsius of global warming through reducing CO2 emissions.
Take action:
Urge your Senators to oppose the Obama climate plan as a threat to our economy.
You guys probably already know this but:
http://cbullitt.wordpress.com/2009/03/19/james-hansen-flaming-asshole/