Another Trough For Their Snouts

clipped from corner.nationalreview.com Here's environmentalist of doubt Bjorn Lomborg writing in the Washington Post on Lieberman-Warner and the nonsense that is cap-and-trade: Sen. Barbara Boxer (D-Calif.), a co-sponsor of the bill, has called it "the world's most far-reaching program to fight global warming." It is indeed policy on a grand scale. It would slow American economic growth by trillions of dollars over the next half-century. But in terms of temperature, the result will be negligible if China and India don't also commit to reducing their emissions, and it will be only slightly more significant if they do. By itself, Lieberman-Warner would postpone the temperature increase projected for 2050 by about two years. Politicians favor the cap-and-trade system because it is an indirect tax And the real trade it will bring in its wake is in political favors. In fact, that's much of the reason it appeals to so many in the Congress. It's just another trough for their snouts.