What is Barack Obama’s Cap and Trade?

From: Committee For A Constructive Tomorrow (CFACT)

Special report from Washington, Volumn 3, Issue 4

Al Gore stated in his 1992 book, Earth in the Balance, that one of the goals of “rescuing the environment” was to “centrally organize society.” But, are his efforts to combat so-called global warming in fact “rescuing” the environment? The answer is most assuredly “No.” Certainly not under the “cap and trade” approach contained in the Waxman-Markey bill that Speaker Pelosi pushed through the House in June.

Most analysts realize a cap and trade policy will devastate the U.S. economy — a problem only worsened by the fact that nations like China and India are not going to sign up for such economic self-mutilation. But, CFACT has taken a hard look at the science behind the policies contained in Waxman-Markey and found that, with respect to their impact on global temperatures, this emperor truly has no clothes.

EPA Administrator Lisa Jackson admits unilateral U.S. action ‘will not impact global CO2 levels.” Fact is, natural forces account for about 80% of climate change according to the latest peer-reviewed studies. Climatologist Paul Knappenberger has demonstrated that full implementation of the 83% reduction in greenhouse gas emissions by 2050 will result in a mere 0.1 to 0.2 degree Celsius drop in global temperatures by the year 2100.

The best the climate alarmists could do to counter Knappenberger was produce their own study by Tom Wigley of the National Center for Atmospheric Research, who concluded that if every nation around the globe would implement cap and trade policies, global temperatures could fall as much as 1.69 to 1.75 degrees Celsius by 2100. With China and India remaining on the sidelines, this scenario is clearly a pipe dream. Bottom line: Speaker Pelosi and her allies in Congress want the U.S. to put its head on the guillotine and then ask, after its head has been removed, for the rest of the world to follow suit. Anyone betting a headless chicken can win the world over?

Furthermore, Over 60 German scientists urge for an impartial climate evaluation panel

“History tells us time and again that political leaders often have made poor decisions because they followed the advice of advisors who were incompetent or ideologues.” That’s part of the warning more than 60 prominent German scientists — including several United Nations IPCC scientists — sent to Chancellor Angela Merkel in a July 26 letter outlining scientific evidence that humans have had no measurable effect on global warming through carbon dioxide emissions. The scientists urged Chancellor Merkel to “strongly reconsider” her position on climate policy and to convene “an impartial panel” for the Potsdam Institute for Climate Impact Research that is “free of ideology” to review the latest climate science developments.

The sharply worded letter states that Chancellor Merkel, as a physicist, had erred by assigning a high priority to climate change without convening a panel to discuss its scientific validity. The letter is the product of the recent meeting in Berlin of the European Institute for Climate and Energy (EIKE), whose president, Dr. Holger Thuss, is also the executive director of CFACT Europe. At that meeting, Dr. Thuss noted, “If the science is weak and the economics don’t work, sooner or later policy makers will be forced to develop an exit strategy from their doom-and-gloom scenarios.”
Posted by Jerome S. Kaufman

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