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Waxman's Economy Killer (House Bill Vote is Today)
Human Events ^ | June 25, 2009 | Steven Milloy

Posted on 06/25/2009 3:18:51 AM PDT by flattorney

The House of Representatives will vote Friday(Today) on the so-called “American Clean Energy and Security Act of 2009” -- a.k.a the “Waxman-Markey” global warming bill. But whatever you want to call this legislative atrocity, if enacted into law, it will go down in history as the death knell of the American standard of living and way of life. If you hate America, this bill is for you.

After decades of fierce battling between rabid greens -- that is, left-wingers masquerading as “environmentalists” -- and the global warming skeptics, few Americans seem to have bought into the bill’s premise ­ that manmade emissions of carbon dioxide are causing the planet to run a fever, as Al Gore is fond of saying. Just this week, a public relations firm advising House Democrats recommended that the notion of “global warming” be dropped as a primary message since “almost no one in our focus groups expressed such concern.” So despite all the frantic global warming alarmism and the vicious smears of skeptics by Gore and his fanatic green activists (they liken skeptics to Holocaust-deniers and many in the media repeat the smear) -- the out-manned and out-gunned skeptics have largely succeeded in being heard by Americans and in changing their minds.

Yet that is not stopping House Democrats who are under pressure not only from the greens who see the bill as the best way to advance their political agenda (Marxist? Socialist? Venezuelan?), but also big businesses who have given up on capitalism in favor of federal laws requiring that taxpayers and consumers pay through the nose for products and services they don’t need or want.

What would Waxman-Markey mean to you? It starts with much higher cost of living, less personal freedom and a less comfortable, convenient, dignified and hopeful existence. Waxman-Markey is fundamentally anti-economic growth in nature. If you don’t yet grasp the significance of national economic growth, just look around at the recession we and the rest of the world are now enduring. Waxman-Markey would be a permanent clampdown on economic growth. The bill does this by making energy, the life blood of our economy, much more expensive and scarce. Waxman-Markey will add $9 trillion in costs to the production of energy between 2012 and 2050 -- that works out to almost $800 per American per year for the next 38 years. Those are just the direct costs imposed by the bill’s cap-and-trade regime. These costs will ripple throughout the American economy -- everyone uses energy -- making all goods and services more expensive.

Electric utilities will be required to produce 20 percent of their power through so-called “renewable” energy sources, like wind and solar, by 2020. But such technology is incredibly expensive and requires heavy taxpayer subsidies -- 100 times greater than for fossil fuels. At the scale required by Waxman-Markey, such energy is more imaginary than renewable. Worse than the increased cost of energy, perhaps, is that the Waxman-Markey bill will essentially result in artificial limits on electricity production and, ultimately, electricity rationing. The bill will create a permanent energy crisis. In addition to the limits imposed by the renewable energy requirement, Waxman-Markey essentially phases out coal-generated electricity (50% of our current supply) while failing to guarantee the construction of the only realistic substitute for coal -- nuclear power. In the end, what we’ll have is an energy grid constrained by the supply of natural gas -- much of which will have to be imported. Even so, there’s simply not enough natural gas to affordably meet all our energy needs, so supplies will have to be rationed somehow.

Waxman-Markey tries to head-off the path to rationing by requiring that everything from cars to new buildings to appliances become dramatically more energy efficient. This may sound good, but it’s a fool’s errand that can only end in higher prices for inferior products. The only way to make cars get better gas mileage is to shrink them, making them more dangerous, less useful and less comfortable. New buildings will have to be more 50% more efficient by 2016; if it can be done, it will be very, perhaps prohibitively, expensive. All of this ignores the fact that, since the 1970s and despite all out leaps forward in technology, we’ve only increased energy efficiency on a societal basis by about 7% or so, according to the Congressional Research Service.

What will you get for all the pain associated with Waxman-Markey? The bill will not improve the environment one iota. For those who insist that carbon dioxide emissions are somehow bad for the climate, even if the U.S. cuts its emissions as prescribed by Waxman-Markey, China, India and other developing countries will not cut their emissions as they refuse to sacrifice vital economic growth. If you plug this scenario into the existing climate models, their gloom-and-doom forecasts don’t change. Moreover, since it is the wealthiest nations that have the cleanest environments -- consider the dirty China and India, for example -- Waxman-Markey is more likely to damage the environment as it retards U.S. economic growth and wealth creation, and saps funding for environmental protection on an individual and societal basis.

Waxman-Markey necessarily supersizes government and increases its intrusiveness. In addition to expanded authorities and budgets for the Environmental Protection Agency, Department of Energy and other existing federal behemoths, the bill creates a whole new bureaucracy of government agencies and boards that will dictate who can use how much energy. There’s the Offsets Integrity Advisory Board, Natural Resources Climate Change Adaptation Panel, National Climate Service, and the Centers for Energy and Environmental Knowledge and Outreach to name a few.

America under 1,200-page-long Waxman-Markey bill -- and the hundreds of thousands of pages of regulations that would necessarily follow it -- would be a fantasy world for central planners and their oppressive tendencies. Given the 20th century’s horrific experience with central planning, that should be enough reason for House members to vote ‘NO’ on Friday.

# # # # #

Mr. Milloy is the founder and publisher of JunkScience.com, co-founder of the Free Enterprise Action Fund, and co-director of the Free Enterprise Project at the National Center for Public Policy Research. His columns and op-ed pieces have appeared in the Wall Street Journal, USA Today, Financial Times, and Los Angeles Times. He is the author of "Green Hell," a new book from Regnery Publishing.


TOPICS: Breaking News; Business/Economy; Crime/Corruption; Front Page News; Government
KEYWORDS: 111th; agenda; agw; alcarboncult; alfraudgore; bho44; bhoenvironment; bhotaxincrease; capandtrade; carbontax; climate; climatechange; corruptdemocrats; corruption; corruptpelosi; democrats; ecocommunism; ecofascism; ecofraud; economy; ecoterrorism; energytax; environment; enviroterrorism; envirowhackos; followthemoney; fraudontaxpayers; fundingtheleft; globalwarming; globalwarminghoax; globalwarminglies; globullwarming; gore; gorebullwarming; goreobama; gotohellpelosi; greenjobs; junkscience; kissmyassliberals; mrpotatohead; nostrildamus; obama; pelosi; regulation; shadowparty; soros; sorosshadowparty; waxman; waxmanmarkey
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To: Danae
I am seriously considering taking Mandarin

That's what I just told my congress critter's office.  I also asked how they expect to get reelected with robbing us blind?  No response.  They didn't ask my name, where I lived, etc.  Real representative government - NOT!
61 posted on 06/25/2009 12:08:54 PM PDT by Brizick (Repeal the 17th Amendment)
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To: flattorney

http://tiny.pl/3scd
EPA’s own research expert ‘shut up’ on climate change
Government analyst silenced after he critiques CO2 findings

http://tiny.pl/3sc5
FEMA: Kansas Severe Winter Storm and Record and Near Record Snow

This was important legislation to the demagogues to forward their agenda.
People were starting to catch on that it was fabricated and Obama knew that it had to be passed Now or never.
he is losing his clout quickly.

They can’t pass the legislation that they want anymore and they are trying to come up with another game plan.

see http://tiny.pl/3scj
Emanuel Says Immigration Reform Bill Lacks Votes to Pass

If this fails it is dead forever now.
If we keep the pressure up we can stop the atrocity of government rationed health care too.


62 posted on 06/25/2009 12:27:22 PM PDT by Munz ("We're all here for you OK? It's a circle of love" Rham Emanuel)
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To: flattorney

Call people. Support for this nightmare is weak. Call your Congress-Vermin.


63 posted on 06/25/2009 12:29:10 PM PDT by Frantzie (Boycott ABC News and their parent company The Walt Disney Company)
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To: Fishtalk

Bill Sammon says it is a squeaker, but “likely” to pass. Please no!


64 posted on 06/25/2009 12:32:36 PM PDT by MestaMachine (Evil exists, but cannot act without willing participants. Obama participates.)
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To: Frantzie

I’m freaking stuck here with Murtha. Not a prayer he won’t vote yes.


65 posted on 06/25/2009 12:34:50 PM PDT by MestaMachine (Evil exists, but cannot act without willing participants. Obama participates.)
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To: reformedliberal

Worse than France. France does not elect Muslims to run their country.


66 posted on 06/25/2009 12:36:38 PM PDT by Frantzie (Boycott ABC News and their parent company The Walt Disney Company)
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To: LucyT
Thanks for the link. This is the first time in my life I called my Congressman Aaron Schock in DC or any other politician. I told the clerk that he is NOT to vote for this tax increase.

Aaron is pretty conservative. I doubt he would vote for this even without my call.

67 posted on 06/25/2009 12:37:03 PM PDT by Forgiven_Sinner (For God so loved the world, that He gave His only Son that whosoever believes in Him should not die)
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To: Marie

>>There is one upside to this going through. It will impact *everybody* and fast. People will be hurting. I think that about 50% of the population just isn’t paying attention and this will wake them up fast.<<

Correct and guess who would take the blame squarely on his shoulders for it!

ZERO’S FAULT!


68 posted on 06/25/2009 12:40:20 PM PDT by Munz ("We're all here for you OK? It's a circle of love" Rham Emanuel)
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To: flattorney

I just called my blue dog congressman who hasn’t made his decision yet, he is still reading through th legislation.
I told him I opposed it.


69 posted on 06/25/2009 12:46:36 PM PDT by Munz ("We're all here for you OK? It's a circle of love" Rham Emanuel)
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To: Venturer
Hey now, I just contacted my representative in California (24th district), he is voting NO!
70 posted on 06/25/2009 12:52:28 PM PDT by califamily4W (Freedom!)
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To: Yankee

Nostrildamus is his name


71 posted on 06/25/2009 12:56:46 PM PDT by BIG_CARBON_FOOT_PRINT
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To: KansasGirl

Nah, I want the intern to pass my message on so I am always polite, but I totally out debated him.

I am SERIOUSLY considering running for office. I KNOW I could do a better job or representing the people than Wu or Merkley or Wyden. I KNOW it.


72 posted on 06/25/2009 1:01:08 PM PDT by Danae (Amerikan Unity My Ass)
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To: flattorney

I’ve called my elected reps numerous times about this, and capped it off with e-mail and phone calls today. They need to hear from their employers.


73 posted on 06/25/2009 1:23:40 PM PDT by Think free or die (The problem with socialism is that you eventually run out of other people's money - M.Thatcher)
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To: Forgiven_Sinner

You’re welcome. Good for you for calling your Congressman. Hope the phone lines are jammed today.


74 posted on 06/25/2009 1:31:01 PM PDT by LucyT
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To: Danae

“why are there 3 years worth of unemployment benefits in it if its NOT expected to raise costs and create more unemployment???”

I like to equate it to NAFTA for the sky.

Instead of looking north to Canada and south to Mexico, you just look up.

You look up, while they reach in your pocket.


75 posted on 06/25/2009 2:56:15 PM PDT by Fitzy_888 ("ownership society")
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To: don-o

EGADS!! One freeper had dubbed Waxman as “Nostrildamus”, LOL!!


76 posted on 06/25/2009 3:06:02 PM PDT by fishergirl (My warrior, my soldier, my hero - my son. God bless our troops!)
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To: fishergirl
EGADS!! One freeper had dubbed Waxman as “Nostrildamus”, LOL!!

Present.

Photobucket

77 posted on 06/25/2009 4:02:10 PM PDT by rfp1234 (Phodopus campbelli: household ruler since July 2007.)
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To: LucyT
I called my congressman's local number - Harry Mitchell, D-AZ, and the intern said he's not sure how he's going to vote, he's still in meetings. Told him if Mitchell voted yes, I'd work like heck to get him out of office in 2010.

I then called his DC office to leave a message, but his voicemail was full - which has never happened to me before. Hopefully that's a good sign and good old Harry will defy his party for once and do what's right for the country.

78 posted on 06/25/2009 4:04:48 PM PDT by Prince of Space ("Your weapons have no effect on me!")
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To: Prince of Space
voicemail was full

You're right, that is a good sign. Keep on calling; jam those phone lines!

79 posted on 06/25/2009 4:07:44 PM PDT by LucyT
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To: LucyT

Come on, this will only kill 4-5 million jobs and start hyper inflation.


80 posted on 06/25/2009 5:23:59 PM PDT by Rodm
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