Ronald Bailey
Reason.com
5/12/2010
As promised, Sen. John Kerry (D-Mass.) and Sen. Joe Lieberman (CFl-Conn.) have issued a draft discussion version of their American Power Act which aims to ration carbon dioxide emissions to limit man-made global warming and transform the U.S. energy economy. The modified cap-and-trade bill is 987 pages in length. Reactions are mixed.
The Center for American Progress (the left-leaning non-partisan D.C.-based think tank that thinks no thoughts other than those approved by the Obama administration) praises it…
…On the other hand, the Center for Biological Diversity (a good stand-in for the conservationist wing of the environmentalist movement) decries the bill as a “disaster for climate” and denounces it as a corporate giveaway…
…Not having had time yet to analyze 987 pages of proposed legislation, it is still the case that what government is likely to do about global warming will be worse than global warming.
Read the entire article at Reason.com
