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Climate is right for another swindle
The Denver Post ^ | 06/02/2008 | David Harsanyi

Posted on 06/04/2008 2:29:33 PM PDT by Delacon

How does Washington plan to resolve our energy problems and control atmospheric temperatures? Well, how do they fix anything? By proposing a gargantuan boondoggle.

A "cap and trade" bill, one that will supposedly cut 66 percent of our emissions by 2050, is being debated in Congress this week.

To begin with, proponents of America's Climate Security Act have been misleading the public by claiming that cap and trade is a "market- based" solution. In truth, cap and trade does to the market what "American Idol" does to music.

The idea sounds harmless: government caps emissions, and corporations trade the allotted credits among themselves. Some of the credits will be auctioned off by government. The Wall Street Journal estimates these auctions will net $6.7 trillion for government coffers by 2050.

And those de facto taxes will not be paid by disreputable energy CEOs and their greasy lobbyist henchmen. They will be paid by you.

Environmental special interest groups — willing to do absolutely anything for the environment with your money — will be lining up at the trough to gobble up billions of dollars in pork offered by the Joe Lieberman- and John Warner-sponsored legislation.

One bill has around $190 billion allocated to training for "green-collar jobs" to replace those obnoxious people who produce energy you can actually afford. More than $500 billion is earmarked for "wildlife adaptation." Another $342 billion would be spent on international aid — because Lord knows we don't need it here — and billions more for mass transit, nuclear plants, kickbacks to Indian tribes and corporations, assistance to those having trouble paying energy bills (wonder why?) and other knickknacks.

OK, so despite the enormous costs, we're positive the cap and trade will work, right?

The European Union has a cap and trade scheme in place. It's generally regarded as a complete failure. The price of credits has plummeted, and countries were unsuccessful in meeting the emissions cap set by the Kyoto Protocol.

So, naturally, proponents refer to the EU cap and trade scheme as a "test run" or a program only in its delicate "infancy." It just wasn't executed properly. If smarter folks like Warner and Barbara Boxer could get hold of this hyper-complex initiative, boy, we're bound to see results.

The Kyoto agreement, incidentally, aspires to slash 175 millions tons of COb by 2012, which, according to professor Roger Pielke of the University of Colorado, would save six and a half days of carbon emission in total.

If delaying six days has been so difficult in Europe, what kind of economic toll would a 66 percent cut have on our economy? (The Bush administration has released a study offering a rosier picture. But since when do we care what it has to say, right? )

Naturally, numerous senators have employed the end-of-world scenario of catastrophic global warming . . . I mean climate change . . . to sell the cap and trade. But of course, few mention a recent study by the U.N.'s World Meteorological Organization — the organization behind the Intergovernmental Panel on Climate Change — explaining there has been no warming the past decade.

Scientists explain there could be numerous causes for this temporary slowdown. It's all very complicated.

What the layman can easily comprehend, however, is that climate is unpredictable, difficult to accurately model and impossible to control.

What we also know is that both John McCain and Barack Obama support some cap and trade scheme. Fossil fuels — which provide 85 percent of our energy — are so yesterday, these guys will legislate it away by 2050 whether a viable replacement exists or not.

Years ago, we might have referred to the rationing of energy credits and massive social engineering as "socialism."

Now we just call it bipartisan consensus.

Reach columnist David Harsanyi at 303-954-1255 or dharsanyi@denverpost.com.



TOPICS: Business/Economy; Editorial; Government; News/Current Events
KEYWORDS: capandtrade; climatechange; climatesecurityact; congress; environment; globalscam; globalwarming; govwatch; liebermanwarner

1 posted on 06/04/2008 2:29:33 PM PDT by Delacon
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To: Delacon; CygnusXI; Fiddlstix; Timeout; Entrepreneur; Defendingliberty; WL-law; Genesis defender; ...
 



Calculate your one-day Carbon Belch !

2 posted on 06/04/2008 2:30:22 PM PDT by steelyourfaith
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To: Genesis defender; proud_yank; FrPR; enough_idiocy; rdl6989; TenthAmendmentChampion; Horusra; ...

ping


3 posted on 06/04/2008 2:30:25 PM PDT by Delacon ("The urge to save humanity is almost always a false front for the urge to rule." H. L. Mencken)
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To: steelyourfaith

I’ve heard that Johnny McCain is “in favor” of this bill, but I’ve never seen anything that verified this. Does anyone have a link that would confirm this one way or another?


4 posted on 06/04/2008 2:40:13 PM PDT by Signalman
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To: Delacon

Putting Congress in charge of solving our energy problems is like hiring the Hell’s Angels to run security at a rock concert.


5 posted on 06/04/2008 2:42:22 PM PDT by Maceman (If you're not getting a tax cut, you're getting a pay cut.)
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To: Bobkk47
Juan McCain did work with Lieberman on a prototype for the Climate Security Act, but he does seem to be backpedaling now. Whether he actually said he was "in favor" of the current bill I can't verify, only that he has been a true believer in Anthropogenic Global Warming ™Anthropogenic Climate Change ™.

This site is confused about the McCain flip-flop, too.

6 posted on 06/04/2008 2:53:23 PM PDT by steelyourfaith
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To: Delacon

With ‘global warming,’ we have entered the age of the ‘big con.’ :)


7 posted on 06/04/2008 2:53:53 PM PDT by Continental Soldier
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To: Delacon

Things are real only after one has learned to agree on their realness.


8 posted on 06/04/2008 2:56:35 PM PDT by VideoDoctor
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To: Bobkk47

McCain is a big time proponent of cap and trade. In fact, McCain tried to get the ball rolling starting back in 2003, then again in 2005 with the McCain-Lieberman Stewardship acts. BTW the 2005 bill got cosponsored by Obama. They fortunately got shot down. McCain dropped his name from its current permutation that is in the senate right now. In fact, he say he wont be voting on the current bill. http://en.wikipedia.org/wiki/Climate_Stewardship_Act


9 posted on 06/04/2008 3:00:12 PM PDT by Delacon ("The urge to save humanity is almost always a false front for the urge to rule." H. L. Mencken)
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To: steelyourfaith

Who doesn’t believe that if elected, McCain will go forward with a cap and trade bill with gusto?


10 posted on 06/04/2008 3:02:33 PM PDT by Delacon ("The urge to save humanity is almost always a false front for the urge to rule." H. L. Mencken)
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To: Delacon

What organizations are behind this bill? What special interests will be lobbying for its passage? Lieberman and Warner are just the front men.


11 posted on 06/04/2008 3:02:55 PM PDT by trane250
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To: Maceman

“Putting Congress in charge of solving our energy problems is like hiring the Hell’s Angels to run security at a rock concert.”

LOL....Then black guys get beaten for having white girlfriends....Nice reference!!!!!!!!


12 posted on 06/04/2008 3:03:13 PM PDT by ehit88 (I'm(not anymore)shoveling snow while a Cubs game is on?????(my Alan Keyes t-shirts are on order))
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To: trane250

What organizations are behind this bill? What special interests will be lobbying for its passage? Lieberman and Warner are just the front men.

Well I know of one guy...

Gore Invests In Carbon Credit Company, Will Media Care?

Created 2008-06-04 10:34

For years, NewsBusters has contended that Nobel Laureate Al Gore is spreading global warming hysteria to benefit his own wallet.

On Wednesday, despite claims by one of Gore's representatives two months ago, it was revealed that his Generation Investment Management private equity fund has taken a 9.5 percent stake in a company that has one of the largest carbon credit portfolios in the world.

Yet, on April 6, NewsBusters' Matthew Vadum reported [0] that in response to his The Media Ignore Al Gore's Planned Global Warming Profiteering [0] article, a GIM spokesman called his piece a "nonsense story" while claiming that neither Gore nor any other members of GIM’s board have the slightest financial vested interest in the expansion of carbon trading.

According to [1] Thomson Financial, that's now changed (emphasis added):

Generation Investment Management, the private equity fund chaired by former U.S. vice president Al Gore, has acquired a 9.5 percent stake in Camco International Ltd, a carbon asset developer.

Generation, set up in 2004 by Gore and David Blood, former chief of Goldman Sachs's asset management arm, now holds 16 million Camco shares, Camco said in a statement.

Camco, which has one of the world's largest carbon credit portfolios, works with companies to identify and develop projects that reduce greenhouse gas emissions and then arranges the sale and delivery of carbon credits.

Yet, on April 2, the Chronicle of Philanthropy reported [2] the following concerning Vadum's allegations about Gore's global warming profiteering (emphasis added):

Richard Campbell, a spokesman for Generation Investment Management, called the suggestions a “nonsense story.”

In an e-mail message to The Chronicle, he writes that neither Mr. Gore nor any other members of the investment company’s board will make money from the expansion of carbon trading.

To suggest then that they are somehow benefiting from the growth of this industry betrays a complete lack of knowledge of the carbon offset industry,” he writes.

That's not true anymore, is it Richard?

Of course, this is truly a fascinating development coming the very week Congress started debating a global warming bill which includes a carbon cap and trade scheme that would radically expand carbon trading and the use of carbon credits in this country.

Also interesting was Gore's support of this bill posted [3] at the Senate's Environment & Public Works website Monday:

"I want to commend Senator Boxer for her leadership of the Environment and Public Works Committee. Thanks to her vision and dedication, we have the first global warming bill in history that is comprehensive, bipartisan and that enjoys support across the country--from labor and agriculture to the business and the environmental communities. Of course the bill needs to be stronger, but it's vital that Congress begin to act. While it's important that people change their light bulbs, it's even more important that we change the laws."

Add it all up, and Gore's investment company now definitely DOES have a stake in carbon trading, and, therefore, additional financial incentive for the Nobel Laureate to spread global warming alarmism which results in government enacted legislation to counter it.

I'm sure every media outlet will be all over this development in the next 24 hours...not!

*****Update: Reuters has now reported [4] this, although conveniently ignoring the phrase "carbon credit." Regardless, now that a major wire service has addressed it, there's no excuse for other media not to. Stay tuned.



13 posted on 06/04/2008 3:30:52 PM PDT by Delacon ("The urge to save humanity is almost always a false front for the urge to rule." H. L. Mencken)
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To: Bobkk47
I’ve heard that Johnny McCain is “in favor” of this bill, +++++++++++++++++++ I believe he is in favor. I can't verify that specifically but in most of his recent speeches he has certainly bought into the global warming crowd's panic. I hope it's just a shift to the middle rhetoric but am quite shocked listening to him on this.
14 posted on 06/04/2008 3:33:46 PM PDT by Joan Kerrey
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To: Continental Soldier

The Kaifornia State Assembly passed a bill a week ago today—44 to 33— numbered AB 2678.
This bill will require that all sellers of property=residential and commercial, to submit to a state run audit of the energy efficiency of the structures. Then, after you have obtained your “audit”, you are mandated to retrofit your building(s) before you can sell them. It is called a “Point of Sale” audit, not an energy audit. Great deception.
There are no such employees at this time at the State of Kalifornia, as far as I know. Where are they coming from? What is the length of their “expert training”?
The “energy efficiency standards” is a moving target- rapidly moving with technology.
If you are in a divorce and have to settle assets divestiture by selling the house you co-own, this divorce will be delayed.
If you are in probate with Granny’s 60 year old house—GOOD LUCK.
The additional costs of trying to bring your property up to a “current energy standard” could well exceede anything you as the seller can afford, and there is no guarantee that your buyer will be willing to pay for these changes.

The “contractors” will have a field day because you are now a captive audience upon which they can charge whatever they want, knowing that you are MANDATED to do this retrofit.

If you have worked hard inproving your education to get that big job promotion and a transfer to another state, you will now not be able to transfer because you cannot sell your house nor afford to retrofit it to the moving standard of “energy efficiency”. Again—Good Luck.

The real estate market in Kalifornia will stop in an instant, and the lending market will be similarly affected.
The politicians are pandering to the gullible public who have been drinking the Global Warming Kool Aid, and the devastating fallout from this kind of legislation will put an already broken economy into the dumpster. Kalifornia is totally broke now. This will break it further, and the possibility of this cancer spreading across the nation is very real.
This has to be stopped in it’s tracks in the Kalifornia Senate.
There has been no publicity on this bill, and it has been kept deep under the radar. I have no confidence that the Governor will refrain from signing this bill, and I don’t know if it is veto proof.
If you know anyone in the real estate business or the lending and banking business, please inform them that this bill- AB 2678- is lurking in the Kalifornia state legislature.


15 posted on 06/04/2008 3:36:39 PM PDT by ridesthemiles
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To: steelyourfaith

ping


16 posted on 06/04/2008 3:39:48 PM PDT by Chicos_Bail_Bonds
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To: Delacon
That's why I'm not voting for President in November. It doesn't matter who wins. They both want to end the late, great United States Of America because they'll both pursue the same domestic liberal policies in office.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

17 posted on 06/04/2008 3:46:46 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: Delacon; OKSooner; honolulugal; Killing Time; Beowulf; Mr. Peabody; RW_Whacko; gruffwolf; ...

FReepmail me to get on or off


Click on POGW graphic for full GW rundown

New!!: Dr. John Ray's
GREENIE WATCH

The Great Global Warming Swindle Video - back on the net!! (click here)

Ping me if you find one I've missed.



18 posted on 06/04/2008 4:27:10 PM PDT by xcamel (Being on the wrong track means the unintended consequences express train doesnt kill you going by)
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To: ridesthemiles

bttt


19 posted on 06/04/2008 5:23:23 PM PDT by neverdem (I'm praying for a Divine Intervention.)
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To: Delacon
What the layman can easily comprehend, however, is that climate is unpredictable, difficult to accurately model and impossible to control.

Climate models don't do mesoscale, so the Mesoscale convective systems rolling in the OH valley to DC are not modeled. The modelers parameterize instead so they take the temperature, humidity, jet stream and other things they model and guess at the type and extent of thunderstorms. The can guess based on smaller scale models that do model MSCs or they can make real world measurements. But as the climate changes the real world measurements will probably be invalid. Also the effects of the MSCs on those other modeled parameters is crudely handled.

The kicker is that these thunderstorms cause global cooling. Not much and not widespread, but not "averaged out" or balanced in any way by any other weather. There is global cooling going on right now and the climate modelers can only guess at the extent (or just ignore it like the simple physics models do).

The modelers will answer with uncertainty about clouds, etc. resulting in ranges, but that's BS. Uncertainty does not extend in both directions (warming and cooling) equally. The uncertainty is manifested in the incorrect hurricane forecasts (very low total energy last year), the incorrect 30 day climate outlooks (based mostly on persistence), etc.

In short, the author is correct, the public would be well served to totally ignore any models.

20 posted on 06/04/2008 5:41:30 PM PDT by palmer
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To: Delacon; steelyourfaith
First we had global cooling.

Then we had global warming.

Next up will be global stagnation!


21 posted on 06/04/2008 5:47:30 PM PDT by uglybiker (I do not suffer from mental illness. I quite enjoy it, actually.)
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To: palmer

What’s your take on positive and negative feedbacks?


22 posted on 06/04/2008 7:11:40 PM PDT by Delacon ("The urge to save humanity is almost always a false front for the urge to rule." H. L. Mencken)
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To: Delacon

Print out your own Carbon Credits!


Records show that Al and Tipper Gore paid a monthly gas-and-electric bill of $2,400 for their 20-room mansion and related buildings. That includes $500 a month for their poolhouse. Gore assuaged his guilt by buying "carbon offsets" to make up for his $30K annual energy tab.

Well, I've got spectacular news! Carbon Credits aren't just for the filthy rich any longer. Even the rabble -- yes, you and me -- can have access to these incredible investment vehicles.


Instructions for use

1) Print a copy of the 20 Carbon Credit note, above
2) Find a gullible liberal someone who bought a ticket to An Inconvenient Truth
3) Sell that person the note
4) Repeat until you run out of imbeciles or printer paper, which ever comes first

Yes, it's just... that... simple!

23 posted on 06/04/2008 7:42:49 PM PDT by Wolverine (A Concerned Citizen)
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To: Delacon
I think feedback is poorly studied besides models. For example the positive feedback of albedo decreases from melting snow is very local and can be easily overcome by increases in fresh snowfall. The positive feedback from methane from melting permafrost is another cited effect without much quantitative analysis on worldwide effects. Methane at the bottom of the ocean will take hundreds of years to do anything.

The biggy is water vapor, both as positive and negative feedback. The physicists tend to assume nice even increases in water vapor (constant RH) and a positive feedback. Reality is mixed, weather makes it difficult to analyze positive or negative. As for CO2 and warming, I believe CO2 increases with warming and vice versa, but that both positive feedbacks are smallish. Probably 1/3 or less of the current rise in CO2 might come from the warming from the solar max starting in the 40's. That CO2 causes a bit of further warming, not much. Man made CO2 causes a bit more warming, again not much. (but I digress, man-made CO2 is a forcing not a feedback). From this rambling I would conclude that feedback is much more important than CO2 forcing, hence the importance of models for water vapor feedback.

24 posted on 06/05/2008 3:25:19 AM PDT by palmer
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To: Delacon
So, naturally, proponents refer to the EU cap and trade scheme as a "test run" or a program only in its delicate "infancy." It just wasn't executed properly.

Isn't that how socialists normally think about their failures?

25 posted on 06/05/2008 5:59:40 AM PDT by Tolerance Sucks Rocks (To the liberal, there's no sacrifice too big for somebody else to make. --FReeper popdonnelly)
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To: ridesthemiles
If you have worked hard inproving your education to get that big job promotion and a transfer to another state, you will now not be able to transfer because you cannot sell your house nor afford to retrofit it to the moving standard of “energy efficiency”. Again—Good Luck.

Kalifornia will become a prison for some.

26 posted on 06/05/2008 6:04:10 AM PDT by Tolerance Sucks Rocks (To the liberal, there's no sacrifice too big for somebody else to make. --FReeper popdonnelly)
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To: Joan Kerrey
I’ve heard that Johnny McCain is “in favor” of this bill, +++++++++++++++++++ I believe he is in favor. I can't verify that specifically but in most of his recent speeches he has certainly bought into the global warming crowd's panic. I hope it's just a shift to the middle rhetoric but am quite shocked listening to him on this.

Why are you shocked?? McLame is way beyond a RINO. He is a full-fledged Left-wing Liberal, and has been for some time.

I'll vote for the turd when Hell freezes over.

27 posted on 06/05/2008 6:05:20 AM PDT by webschooner (Bumper Sticker: "None of the Above, 2008")
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