"Sens. Jeff Bingaman (D-NM) and Arlen Specter (R-PA) introduced this week their “Low Carbon Economy Act” (LCEA) intended to combat global warming. The bill ought to be called the “The Trillion Dollar Giveaway and Wealth Redistribution Act.”
And if you ignore that atmospheric reality, then perhaps you’ll note that the neither the LCEA nor any other law that Congress can pass is likely to force China, India, Brazil, Mexico and other developing nations from more than making up for the GHGs that the U.S. may reduce in the future. China just recently passed the U.S. in terms of GHG emissions and has publicly stated that it doesn’t intend to harm its economy by reducing its GHG emissions in the future."
The real deal, as anyone will a quarter of a brain is fully aware, is for the US to redistribute it's wealth in order to give developing nations a leg-up. And why should our elected representatives give a flying blivet? They'll still have a job, ALL such critters will continue to be elected then re-elected, and just because the nation will be a lot poorer it doesn't mean we'll need less of them.
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