Yay! Let's here it for the moderates! Yes, cap and trade is a huge problem, with the fact that it's stupid being the first among many sub-problems. I won't even go into the endless problems with the myth of carbon-induced climate change (that's what most of this blog is for). I'm all for renewable energy, because it will leave the radical Arabs without our money. But lying and saying that carbon is heating the Earth is wrong, stupid, and a lie.
Aug. 14 (Bloomberg) -- The U.S. Senate should abandon efforts to pass legislation curbing greenhouse-gas emissions this year and concentrate on a narrower bill to require use of renewable energy, four Democratic lawmakers say.
“The problem of doing both of them together is that it becomes too big of a lift,” Senator Blanche Lincoln of Arkansas said in an interview last week. “I see the cap-and-trade being a real problem.”
The resistance by Lincoln and her Senate colleagues undercuts President Barack Obama’s effort to win passage of legislation that would cap carbon dioxide emissions and establish a market for trading pollution allowances, said Peter Molinaro, the head of government affairs for Midland, Michigan- based Dow Chemical Co., which supports the measure.
[From Climate Change Measure Should Be Set Aside, U.S. Senators Say - Bloomberg.com]
