Climate Bill Will Devastate American Families and Jobs
By Sen. James Inhofe
While the outcome of the vote in committee was never in question -- since Democrats hold the majority -- it did provide Republicans the opportunity to expose many of the serious flaws of this bill. The fact is this bill is simply all economic pain for no climate gain: Numerous analyses have placed the costs at trillions of dollars. Even if one accepts the dire claims of man-made global warming, this bill will not have a measurable impact on the climate. Read more.
For the first time in history, a fatally flawed global-warming cap-and-trade bill passed out of the United States Senate Environment and Public Works (EPW) Committee. Democrats, led by Chairman Barbara Boxer (D.-Calif.), approved the Lieberman-Warner Climate Security Act of 2007 (S 2191) by a vote of 11 to eight December 5.
While the outcome of the vote in committee was never in question -- since Democrats hold the majority -- it did provide Republicans the opportunity to expose many of the serious flaws of this bill. The fact is this bill is simply all economic pain for no climate gain: Numerous analyses have placed the costs at trillions of dollars. Even if one accepts the dire claims of man-made global warming, this bill will not have a measurable impact on the climate. Read more.
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3:54 PM
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