Cap-and-trade goes lame duck?

We’re in a Lame-Duck Political Climate
By Steve Milloy
July 8, 2010, RollCall.com

Who would have guessed that 18 months into the Obama administration and a nearly filibuster-proof, Democratic-controlled Congress that cap-and-trade would still be just a green dream? Not many. But then not many people would probably think there’s enough time or political will to make cap-and-trade happen in the time remaining for this session of Congress. That’s wrong, too.

Since its high-water mark of House passage of the Waxman-Markey bill late in June 2009, it’s been all downhill for cap-and-trade. The health care debate delayed a Senate bill, and the tea party movement made cap-and-trade one of its top targets. By the time the Kerry-Boxer bill was introduced last October, the Republican Members of Chairman Barbara Boxer’s Environment and Public Works Committee felt secure enough to boycott the committee vote on the bill, rendering the unanimous Democratic committee vote meaningless.

The continuing inquisition of the health care bill helped bring about the election of Republican Sen. Scott Brown in Massachusetts and the evaporation of the Democrats’ 60-vote, filibuster-proof margin. When Sen. Lindsey Graham (R-S.C.) dared work with Sens. John Kerry (D-Mass.) and Joe Lieberman (ID-Conn.) on a cap-and-trade bill, the political blowback for Graham was so strong that he looked for the first excuse out, which came in the form of Senate Majority Leader Harry Reid’s supposed prioritization of the immigration bill over cap-and-trade. The Kerry-Lieberman bill has now been relegated to perhaps being offered as a mere amendment to a Senate energy bill, the main focus of which may be the BP oil spill.

Competing with the Kerry-Lieberman bill are the so-called cap-and-dividend bill by Sens. Maria Cantwell (D-Wash.) and Susan Collins (R-Maine) and the bill by Sen. Dick Lugar (R-Ind.) that attempts to reduce greenhouse gas emissions through any means but cap-and-trade. Recent discussions about a cap-and-trade bill include limiting it to electric utilities rather than being economywide.

Even President Barack Obama seems lost when it comes to cap-and-trade. Although he emphasized the need to transform to a “clean energy” economy during his recent Oval Office speech on the oil spill in the Gulf of Mexico, he was painfully short on details of how to get there, garnering him criticism from prominent carbon cap proponents. Cap-and-trade is so out of favor that its supporters are trying to rebrand it as anything else — including clean energy, “green energy” and “a price on carbon.”

Regardless of branding, expecting the Senate to take a tough vote on cap-and-trade and expecting House Democrats to double down on their Waxman-Markey vote before the November midterms is wishful thinking by any political calculus.

The foregoing aside, cap-and-trade is more of a threat now than ever, thanks to the November-December lame-duck session of Congress.

First, it’s useful to keep in mind the two main lessons from the health care debate — public opinion is not determinative in whether a bill passes Congress, and the Democratic leadership in Congress is willing to bend its rules any which way to pass leadership priorities.

Next, this Congress could be the last chance for cap-and-trade, whatever it’s called in the end. At the very least, Republicans are likely to make significant gains in the House and Senate. Cap-and-trade supporters would have to start all over in the next session of Congress, and the Waxman-Markey bill that squeaked by last June will not likely do so again.

That means cap-and-trade advocates are desperate and could resort to desperate procedural moves in a Congress where lame ducks have nothing to lose and, possibly, everything to gain by voting for their future employers, whether they be the Obama administration, cushy nongovernmental organizations jobs, lobbying firms or industry beneficiaries of cap-and-trade.

But won’t cap-and-trade need 60 Senate votes to pass while Reid can only produce 59 at most? Yes and no.

While Senate Republicans have held together on climate so far — consider their unanimous vote against Environmental Protection Agency regulation of greenhouse gases — Sen. Olympia Snowe (R-Maine), Collins and several others are on record as supporting some action on climate. While some Senate Democrats have opposed cap-and-trade so far, including Sens. Mary Landrieu (La.), Blanche Lincoln (Ark.) and Ben Nelson (Neb.), there’s a lot of money sloshing around cap-and-trade that could easily become the next Cornhusker Kickback or Louisiana Purchase.

But who says Reid needs 60 votes in the first place? Sixty votes weren’t needed for health care. Who is to say that Reid can’t decide that cap-and-trade somehow fits under Senate budget reconciliation rules or some other procedural twist of Senate rules where only a bare majority wins. Senate rules, after all, are not enforceable in a court of law. Such a rule change would be the ultimate nuclear option, but desperate cap-and-traders may do desperate things.

So what can be done to stop a kamikaze cap-and-trade attack in the lame-duck Congress?

Republican Senate and House candidates need to make the lame-duck possibility a campaign issue. They should pressure incumbent Democratic Senate candidates to pledge they will not take action on cap-and-trade in a lame-duck session. House Democratic candidates should be pressured to express a similar sentiment in hopes that Senate Democrats who are up for election in 2012 will get the message that a lame-duck vote for cap-and-trade will be held against them next time.

There may be a reason that President Obama was silent on how he planned to press for cap-and-trade during his Oval Office address — he didn’t want to let the lame duck out of the bag.

Steve Milloy publishes JunkScience.com and is the author of “Green Hell: How Environmentalists Plan to Control Your Life and What You Can Do to Stop Them.”

Should Steve Jobs make Al Gore take a leave of absence?

Now that the Portland, OR police department has re-opened its sex attack investigation against Al “You-big-lummox-of-a-sex-poodle” Gore, should Apple Chariman Steve Jobs make Al Gore take a leave of absence from the company pending resolution of the investigation?

Apple’s sexual harassment policy defines harassment as…

<blockquote… unwelcome or unsolicited speech or conduct based on factors such as race, color, age, sex, or sexual orientation. It may include activities such as viewing sexually explicit sites or displaying an inappropriate calendar. It may include unwelcome touching or advances, jokes, slurs, and other offensive behavior. [Emphasis added]

While the policy also says that it only applies to,

… interactions with employees, customers, suppliers, and applicants for employment and any other interactions where you represent Apple…

… surely the policy doesn’t mean that it’s open season for board members when it comes to the rest of the public. Or does it?

If Gore is cleared, he can always be reinstated.

Egregious Polluting Agency

By Steve Milloy
July 3, 2010, Washington Times

Ronald Reagan’s 10 most dangerous words were, “Hi, I’m from the government, and I’m here to help.” The Gulf oil spill is only the latest validation of that sentiment when it comes to environmental protection.

Just last month, the Wall Street Journal reported that the government computer models built to plan for Gulf oil spills and relied on by drillers, including BP, erroneously assumed that much of the oil would evaporate rapidly or be dispersed by waves and weather. While evaporation, physical breakup and degradation will be how most of the oil disperses eventually, these overly optimistic models perhaps explain why the feds were unprepared to implement the Clinton-era policy of having adequate oil-containment booms and skimmers easily available to protect the coast.

But faulty modeling was only the first government screw-up. The Jones Act has prevented foreign companies from bringing in skimmers to help clean up the oil and the Coast Guard has kept 80 percent of the U.S. skimmer fleet out of the Gulf in the unlikely event of a simultaneous spill elsewhere.

The Environmental Protection Agency (EPA) blocked skimmer systems offered by the Dutch because water discharged back into the Gulf after processing wouldn’t be sufficiently oil-free. It doesn’t matter that the water put back into the ocean would have been much cleaner than what was taken out of the ocean. EPA regulations nonsensically only allow pure water to be discharged back into the ocean, even in the process of cleaning up an oil spill.

Early on, the EPA tried to block BP from using the only effective oil dispersant available because of purported toxicity concerns, ignoring the reality that nothing survives in an oil slick in the first place. The Hoover Institution’s Henry Miller recently observed that EPA’s long-standing anti-biotechnology leanings have delayed the development and commercialization of genetically modified microorganisms that could feed on spilled oil.

Then there’s the Army Corps of Engineers’ delay of the construction of oil-blocking sand berms pending completion of an entirely bureaucratic environmental impact statement.

If there’s any time in history when the feds have well earned the epithet “gooberment,” that time is now. That said, federal ineptitude is nothing new when it comes to environmental protection.

The EPA’s dogged determination to force unrealistic cleanup levels on toxic waste sites under the infamous Superfund program delayed the removal of pollution for 15 years. The agency’s junk-science-based stubbornness ensured that far more money was spent on litigation and lobbyists than cleanup. But the EPA has wasted more than just time and money with Superfund – it has ruined lives and polluted the environment.

In 1982, the EPA infamously purchased and evacuated the town of Times Beach, Miss., amid the era’s unwarranted hysteria over dioxin. More than 2,000 people were involuntarily displaced from their homes, and the community was permanently bulldozed at a total cost of about $150 million.

The EPA is overseeing the “cleanup” of PCBs in Hudson River sediments – contaminants that had been safely entombed there for more than 30 years. As predicted by many, the cleanup stirred up PCBs last summer, causing water contamination at unsafe levels.

As a result of the EPA’s campaign to scare the public about the safety of chlorinated drinking water, Peruvian officials once discontinued the use of chlorine, exacerbating a deadly 1991 cholera epidemic. Closer to home, the same scare campaign led to increased levels of lead in Washington, D.C., drinking water when local officials substituted a more corrosive ammonia-based disinfectant for chlorine. Then there’s EPA’s infamous 1972 ban of the pesticide DDT, a decision that has had effects of genocidal proportions on sub-Saharan Africa.

Perhaps the next Congress will consider reforming an agency from which the environment and human health may actually need protection.

Steve Milloy publishes JunkScience.com and is the author of “Green Hell: How Environmentalists Plan to Control Your Life and What You Can Do to Stop Them” (Regnery, 2009).

More on Al Gore’s character…

Below is an excerpt of a column I wrote for the old CNSNews.com about Al Gore’s character. Consider it as you weigh the credibility of the claims in the police report concerning Gore’s alleged sexual assault of a masseuse.

A Child's Tragedy, A Parent's Character

By Steven J. Milloy
Copyright 2000 CNSNews.com
February 28, 2000

One can scarcely imagine a worse event – the death or severe injury of your child.

For a parent, the grief may be compounded by the guilt associated with partial or even imagined responsibility for the harm occurring. How one deals with the challenge of guilt-on-grief provides unique insight into one's character. Consider the cases of Al Gore, Robert Sanders, and John and Reve Walsh.

Environmental Activism Sparked by Tragedy

On April 3, 1989, then-Sen. Albert Gore, Jr. and his son, Albert Gore III, were leaving the Baltimore Orioles opening day baseball game when, according to news reports, Albert III "let go of his father's hand" and darted into the street near Memorial Stadium. Albert III was hit by a car and injured severely with broken bones, ruptured spleen, bruised lung and concussion.

The driver of the car, Jasper McWilliams reportedly was not speeding and the police did not charge him at that time.

The accident was understandably distressing to Gore, but his behavior in its aftermath was curious. In his son's hospital room, the elder Gore began writing his well-known book and environmental call-to-arms "Earth in the Balance."

Gore wrote, "For me something changed in a fundamental way. I don't think my son's brush with death was solely responsible, although that was the catalyst. But I had also just lost a presidential campaign; moreover, I had just turned 40 years old. I was, in a sense, vulnerable to the change that sought me out in the middle of my life and gave me a new sense of urgency about those things I value the most."

Albert III's accident spurred Gore's now famous activism on the "rapidly deteriorating global environment," a battle which Gore wrote includes "completely eliminating the internal combustion engine over, say, a 25-year period" and "embarking on an all-out effort to use every policy and program, every law and institution, every treaty and alliance, every tactic and strategy, every plan and course of action — to use, in short, every means to halt the destruction of the environment and to preserve and nurture our ecological system."

The fact that a car accident precipitated a call to eliminate the internal combustion engine is bizarre enough, but it's not the end of the unusual events following the accident.

A week after the accident, blame for the accident somehow got displaced. McWilliams was suddenly charged with speeding and failing to exercise proper precaution upon seeing a child in the road.

He was tried in Baltimore District Court in July 1989. McWilliams was acquitted of all charges, leaving Gore, as the parent holding his child's hand while crossing the road, with responsibility for the accident.

But why did Gore, a powerful Democrat, allow Baltimore City, a Democratic stronghold, to prosecute McWilliams at all?…

Gore claimed to invent the Internet, claimed to be the basis of “Love Story,” uses 20 times as much electricity as the average American while urging the rest of us to cut back, made a bundle off scaring people about the climate, blamed the tobacco companies for his sister’s death from smoking even though his family raised and sold tobacco, sat by while an innocent man was prosecuted for his own negligence, and now, at the very least seems to have betrayed his wife and possibly committed a violent sexual assault.

What part of Al Gore’s character is not simply creepy?

Al Gore’s ‘moral sense’ and ‘integrity’

The same day that Al Gore allegedly sexually attacked a masseuse in Portland, Oregon, he said the following at a presentation of his infamous slide show:

“[Global warming] will give us the chance to experience something few generations ever know — a sense of moral purpose.” [Source: The Columbian (Vancouver, WA), Oct. 25, 2006]

The Columbian went on to quote one Jonathan Potkin who said,

“I admire that fact that he could just as well have left well enough alone [and left public life]. I think he is a pretty genuine character. It’s too bad there aren’t more people in government who have that same integrity.”

POP QUIZ: Which of the below isn’t like the others?

  • Moral sense
  • Integrity
  • Sexual assault

Former GE CEO opposes climate-energy bill

Former GE CEO Jack Welch said today on CNBC that:

1. Obama should be focusing on the gulf oil spill “not new energy plans”; and

2. Our “pretty good economy” should not be “damaged” with “carbon taxes.”

“Let’s get [the economy] going,” he said.

Ironically, GE CEO Jeff Immelt and other USCAP CEOs will be pushing the climate bill on Capitol Hill tomorrow at a luncheon prior to the Democratic caucus meeting.

Welch built GE into the largest and most valuable company in the world. Immelt, in contrast, brought GE to the verge of bankruptcy, requiring a $140 billion federal bailout.

Click to watch the three-minute CNBC clip.

UVA defies Mann fraud investigation

The University of Virginia has decided to protect hockey stick junk scientist Michael Mann from a fraud investigation by Virginia Attorney General Ken Cuccinelli.

Click here for the UVA court petition.

Click here for why Cuccinelli is doing the right thing.

Academics do not have the right to defraud the public. Universities ought not shield academics from rightful public scrutiny.

Avoiding the slick spots: Agency more adept at blowing hot air

By Steve Milloy
Washington Times, May 27, 2010

The U.S. Environmental Protection Agency is a perplexing beast. While the agency remains hellbent on regulating colorless, odorless and likely harmless greenhouse gas emissions, it has been utterly incapable of living up to its name with respect to the Gulf oil spill.

Not only was the EPA caught entirely unprepared for the oil spill, but also last week it actually tried to interfere with BP’s efforts to use a chemical called Corexit to speed up dispersal of the oil. When the EPA told BP that it should use a less toxic chemical, BP rightly ignored the order because it’s the oil, not the dispersant (stupid) that is the real threat to the environment, and there is no better option than the detergentlike Corexit.

Though laboratory toxicity tests show that Corexit will kill 50 percent of the fish exposed to a concentration of 15 parts per million over a period of four days, what the EPA seems to have overlooked is that there are no fish still living in an oil slick in the first place. By the time the oil has dispersed, so too will have the Corexit, down to nontoxic levels. But in the EPA mindset, all chemicals are bad and to be avoided – even ones that help and are, practically speaking, harmless.

But that is not the extent of the EPA’s failure.

Millions of feet of boom are desperately needed to corral the expanding slick and protect coastlines. Only a small fraction of that boom has arrived in the Gulf region, and not even all of that has been deployed. Let’s not forget the initial failure to have fire boom available nearby, which could have corralled the oil so that it could be burned – a 1990s-era requirement developed by the Clinton administration but not implemented by the EPA.

None of this is to excuse BP, the rig owners, and the other federal agencies whose performances have been far from inspiring, but at least none of them is called the Environmental Protection Agency.

As real pollution spews forth uncontrollably in the Gulf, the clueless EPA is meanwhile busy scheming to skirt the law and regulate the non-pollution that emanates from the nation’s power plants and manufacturing facilities.

Although the Supreme Court ruled 5-4 in 2007 that the EPA could regulate greenhouse gases under the Clean Air Act, that law would require that EPA regulate all sources of greenhouse gases that emit more than 250 tons per year. As the average American emits about 20 tons per year, it’s easy to see how the law would require the EPA to regulate virtually every small business and apartment building.

So, to avoid the obvious political problem of having to microregulate virtually all of society, the EPA devised a scheme (called the “tailoring rule”) to limit regulation to facilities that emit 100,000 tons of greenhouse gases per year. This may sound like a reasonable approach, except that the EPA lacks the legal authority to change the Clean Air Act, which sets the threshold for regulation at 250 tons.

Barring successful legal challenge, the EPA is planning to regulate large greenhouse-gas emitters starting in 2011.

The only remaining roadblock to the agency plan is a resolution introduced by Sen. Lisa Murkowski and 40 other Republican and Democratic senators to block the EPA from regulating greenhouse gases under the Clean Air Act. Debate and vote on the resolution has been scheduled for June 10.

Despite its 41 co-sponsors, the Murkowski resolution is no cinch to get the 51 votes it needs to pass the Senate. Democratic moderates like Virginia’s Jim Webb and Mark Warner, Pennsylvania’s Arlen Specter and Bob Casey, North Dakota’s Kent Conrad and Byron Dorgan, Ohio’s Sherrod Brown and Republicans like Maine’s Susan Collins and Olympia Snowe have not yet publicly embraced the bill.

This is despite the fact that the EPA is showing precisely how unprepared and inept it is at dealing with a genuine environmental crisis. In contrast, the agency and its lawyers have been quite creative and adept at devising a scheme to create and regulate a non-crisis.

Passing the Murkowski resolution should be Congress’ first step in a longer process of re-evaluating what the EPA is all about.

Steve Milloy publishes JunkScience.com and is the author of “Green Hell: How Environmentalists Plan to Control Your Life and What You Can Do to Stop Them” (Regnery 2009).

The standard for an environmental hazard: Litigators clean up while taxpayers are taken to the cleaners

By Steve Milloy
The Washington Times, May 27, 2010

The EPA has a history of impeding environmental protection, most notably with toxic-waste-site cleanup and nuclear waste storage.

In the wake of the 1978 Love Canal controversy, a lame-duck Congress and president enacted the Superfund law in December 1980 to provide for the cleanup of so-called toxic-waste sites. But the Superfund law was poorly designed. By the early 1990s, few sites had been cleaned up. Moreover, while it would take only about two years to actually clean up a site, it would take 10 years to progress to the point of implementation. An average cleanup cost $25 million. The Department of Energy was looking down the barrel of $300 billion worth of cleanups. More money was spent litigating cleanups than actually cleaning up.

Although there were many problematical aspects of the Superfund law, the EPA’s control over cleanups was the greatest obstacle to the program’s goals. “How clean is clean?” was the famous rhetorical question of the time. In the early years of Superfund, the EPA doggedly maintained that sites had to be cleaned up virtually to something near Garden of Eden status – an obviously silly goal for a dump or an industrial facility. It wasn’t good enough just to seal off the facilities and prevent public exposure to substances at the site. Such standards added unnecessary millions to the cost of every cleanup. Because private parties had to pay, they fought the EPA every step of the way.

Sites began getting cleaned up faster and more cheaply during the Clinton administration after cleanup standards became more reasonable in a practical effort to get the program moving. No longer was the groundwater at sites being pumped and treated until it was good enough to be bottled. No longer was soil treated to the point where a hypothetical child could eat spoonfuls of soil from the site’s most contaminated or “hot” spot.

Another example of EPA impeding environmental protection is the now-abandoned project to store spent nuclear fuel at the Yucca Mountain facility in Nevada. Although the Yucca Mountain site was in a remote part of the Nevada desert and the spent fuel would have been stored in sealed casks one mile underground, the EPA set standards that virtually guaranteed the facility would never open.

The EPA decided that the Department of Energy (DOE) would have to be able to guarantee that there would be no significant exposures to the public from radiation for a period of 1 million years – about 200 times longer than recorded history. The DOE was being forced by the EPA to figure out how it might communicate with and warn future civilizations that might not understand English-language warnings about the spent nuclear fuel stored beneath the mountain.

DOE, of course, could never hope to meet the EPA’s standards. Despite 25 years of engineering and $30 billion in costs, Yucca Mountain was a dead man walking when the Obama administration defunded it early in 2009. Because of the lack of a long-term storage facility for spent nuclear fuel, nuclear power plants are forced to continue storing spent fuel in on-site storage pools – facilities that are running out of space.

Cap-and-pain sinks Dems

By Steve Milloy
The Daily Caller, May 21, 2010

Sometime before June 7, the so-called Murkowski resolution to block EPA regulation of greenhouse gases will be voted on in the Senate. Democrats up for re-election this fall may want to think twice about a knee-jerk “no” vote.

Finalized last December but not yet implemented, EPA regulation of greenhouse gases would be even worse economically than cap-and-trade, which is already bad enough. (How bad is cap-and-trade? So bad that massive Democrat congressional majorities can’t pass it.)

EPA greenhouse gas regulation would empower the agency to control energy use (and, hence, the economy) without any of the potential ameliorative effects from the trade part of cap-and-trade or the dividend part of Cantwell-Collins’ cap-and-dividend. EPA regulation would just be cap-and-pain.

Some quick-learning Democratic senators, like Louisiana’s Mary Landrieu, Arkansas’ Blanche Lincoln, and Nebraska’s Ben Nelson have already figured out the politics of EPA cap-and-pain. They joined Sen. Lisa Murkowski when the resolution was introduced in January.

But senators like Colorado’s Michael Bennett, Nevada’s Harry Reid, and North Dakota’s Byron Dorgan are still dithering hoping that Murkowski will either not bring her resolution to the floor for a vote or that it will be overtaken by a separate effort by West Virginia’s Jay Rockfeller that would delay EPA regulation for two years.

But Sen. Murkowski seems undeterred in what could be the only Senate vote this year on climate.

Given the ornery mood of the electorate — ask Utah’s Bob Bennett or Indiana’s Evan Bayh — it should be a no-brainer for Senate Democrats to vote for Murkowski. After all, it’s really a free vote for them since even if a similar bill passed the House, President Obama would surely veto it and the EPA would not be curbed. At least they could claim they tried to do the right thing.

Yet Senate Democrats seem willing to go on record as supporting EPA control and destruction of the economy. How they expect this will help them other than with their extreme leftie supporters (who are not numerous enough to get them elected to anything) is anyone’s guess.

The original idea behind EPA regulation was to force businesses to capitulate and swallow cap-and-trade. But that hasn’t happened. The Climategate scandal has given new life to lawsuits challenging EPA regulation of greenhouse gases. Businesses — even some that are for cap-and-trade — oppose cap-and-pain and are ready to fight.

The vote on the Murkowski resolution will be close. Should it fall a vote or two short, you can bet on that vote being a major issue this fall in Senate races. Should the EPA actually try to regulate greenhouse gases starting in 2011, you can bet that the 2012 election will take an even greater toll on the Democrat Party.
There is no political upside to permitting EPA to implement cap-and-pain. Clear thinking Senate Democrats will figure that out sooner rather than too-later.

Steve Milloy publishes JunkScience.com and is the author of Green Hell: How Environmentalists Plan to Control Your Life and What You Can Do to Stop Them (Regnery 2009).

Kerry-Lieberman’s Great American Rip-off

By Steve Milloy
The Daily Caller, May 13, 2010

There are only three things you need to know about the Kerry-Lieberman cap-and-trade bill that was released Wednesday—it will accomplish nothing for the environment; it will cost a lot of money and it will financially enrich and politically empower a host of scoundrels.

Regardless of what you think about manmade carbon dioxide (CO2) emissions, it is undeniable that the emissions reductions contemplated by Kerry-Lieberman don’t amount to a hill of beans. The goal of Kerry-Lieberman, like the goal of the House-passed Waxman-Markey bill, is to reduce U.S. carbon dioxide emissions to 17 percent of 2005 levels by 2050.

But rather than such paltry emissions cuts, let’s say that starting next year, we just shut down America—zero emissions—and kept it shut down for the next 100 years. What difference would that make atmosphere-wise?

Roughly speaking, U.S. energy use (at 2005 levels) adds to atmospheric CO2 at a rate of about 1 part per million every three years. So after 100 years, U.S. energy use would add about 33 ppm of CO2 to the atmosphere. Is that a lot?

Well, atmospheric CO2 has increased by over 35 ppm since 1995 without producing any global warming at all—that’s according to IPCC contributor and Captain Climategate himself, the University of East Anglia’s Phil Jones. Moreover, physicists agree that every molecule of CO2 added to the atmosphere has less global warming potential than the molecule that preceded it. So the next 35 ppm of atmospheric CO2 will have less impact than the preceding 35ppm, which had no discernible effect.

None of this is a secret, the EPA did this analysis for itself in 2007.

Back to Kerry-Lieberman, it carbon emissions reduction provisions would obviously be nowhere near as severe as the shuting-down-America-for-100-years-scenario.

So what will Kerry-Lieberman cost us to accomplish nothing?

Based on the Waxman-Markey bill, which Kerry-Lieberman is modeled after, the Brookings Institution (hardly a hotbed of climate skeptics or Chicago-school economic thought) estimated that between 2012 and 2050, mandatory CO2 emission reductions would make energy cost $9 trillion more—this works out to a cost of about $3,100 per year for a family of four.

This of course doesn’t take into account the inflationary aspects of making energy cost more—after all, all goods and services are produced with energy and energy that costs more will necessary inflate the cost of everything. Americans will have a hard time paying these costs given all the jobs that will flee overseas to places like China, India and Mexico where carbon caps won’t exist, and energy and labor prices will be lower.

But surely someone will benefit from Kerry-Lieberman, right? That $9 trillion, after all, must go somewhere.

Sales of permits to emit CO2 will fill federal coffers with more money for politicians to hand out to special interest groups. Many CO2 emission permits will be handed out for free to special interests who will be able to turn around and sell them in the market for guaranteed profits. Wall Street will get to profit from the trading—just assume that every time you switch on a light a bell will ring at Goldman Sachs notifying it of yet more profits from nonproductive financial shenanigans. Al Gore’s venture capital firm of Kleiner Perkins has invested more than a billion dollars in dozens of companies that are Kerry-Lieberman dependent. Talk about Gore-porate greed.

Kerry Lieberman contains a host of mandates and programs for energy efficiency, so-called green technologies and other corporate welfare programs. Companies like GE would profit from electric utilities being forced to buy expensive “renewable” technologies and from consumers being forced to buy more expensive appliances.

Worse than the transfer of wealth from the hard-working to the hardly-working, is the transfer of power from Americans over their own lives and businesses to governmental goons and busy-bodies. The Environmental Protection Agency—the most rogue federal agency of all —would be responsible for administering Kerry-Lieberman. While EPA control over the economy and the power to enforce that control would be immensely expanded, American business and individuals would have essentially the same ability as now to defend themselves against the EPA—pretty much none.

Although Kerry-Lieberman is a loser of a bill for the vast majority of America, we will have our hands full fighting its financial and political beneficiaries. Even if the bill fails to pass before the election, there is talk on Capitol Hill of procedural shenanigans by which a lameduck Congress could pass it regardless of what Americans have to say in November.

Rise up America, while you still can.

Steve Milloy publishes JunkScience.com and is the author of Green Hell: How Environmentalists Plan to Control Your Life and What You Can Do to Stop Them (Regnery 2009).

Read more: http://dailycaller.com/2010/05/13/kerry-liebermans-great-american-rip-off/#ixzz0np4oHpUh