It passed the House weeks ago, has dropped below the radar and lacks the votes in the Senate (60), but it still needs to be exposed to illustrate the Dems ideas for supposedly "dealing with global warming":
From National Review's Stephen Spruiell and Kevin Williamson: "Two main things to understand about Waxman-Markey: First, it will not reduce greenhouse-gas emissions, at least not at any point in the near future. The inclusion of carbon offsets, which can be manufactured out of thin air and political imagination, will eliminate most of the demands that the legislation puts on industry, though in doing so it will manage to drive up the prices consumers pay for every product that requires energy for its manufacture -- which is to say, for everything. Second, it represents a worse abuse of the public trust and purse than the stimulus and the bailouts put together. Waxman-Markey creates a permanent new regime in which environmental romanticism and corporate welfare are mixed together to form political poison.
If enacted, the bill will create constituences that will assuring its survival in perpetuity. "If you take the time to read the legislation," Spruiell and Wiliamson write, "you'll discover four major themes: special-interest giveaways, regulatory mandates unrelated to climate change, fanciful technological programs worthy of The Jetsons, and assorted left-wing wish fulfillment."
Read the whole thing "Garden of piggish delights": http://article.nationalreview.com/?q=YTc1MmVhMGYxY2UzNzAwMTJlODBjZjg2NDJjNmM2MWE=&w=MA==
From the post at Powerline: http://www.powerlineblog.com/archives/2009/07/023969.php
No comments:
Post a Comment