Global Warming Hysteria Has Arrived

On April 4, the Senate Energy and Natural Resources Committee will hold a hearing to discuss a white paper that Senators Jeff Bingaman (D-NM) and Pete Domenici (R-NM) released on a mandatory cap and trade program for carbon dioxide emissions. The majority of panelists that will provide testimony in the hearing are for a cap-and-trade program, suggesting the Committee views global warming to be a serious problem and that a cap-and-trade approach is the preferred mechanism for fighting it. More...