The new Kerry-Lieberman climate bill mandates a 17% reduction in US carbon dioxide emissions by 2020. It first targets power plants and refineries that provide reliable, affordable electricity and fuel for American homes, schools, hospitals, offices and factories – and then, in six years, further hobbles the manufacturing sector itself.
The House-passed climate bill goes even further. It requires an 80% reduction in CO2 emissions by 2050. Once population growth and transportation, communication and electrification technologies are taken into account, this translates into emission levels last seen around 1870!
House Speaker Pelosi says “every aspect of our lives must be subjected to an inventory,” to ensure that America achieves these emission mandates. This means replacing what is left of our free-market economy with an intrusive Green Nanny State, compelling us to switch to unreliable wind and solar power, and imposing skyrocketing energy costs on every company and citizen.
Meanwhile, the Environmental Protection Agency is implementing its own draconian energy restrictions, in case Congress does not enact punitive legislation.
It’s time to ask these politicians some fundamental questions. (more…)