Arnold Williams (notebuyer) wrote,
Arnold Williams
notebuyer

What would the Cap & Trade Bill Do?

Well, we have an answer. Sadly, it's one that will make you want it to stay bottled up in the Senate, because it's going to cost you in dollars out of your pocket, and raises you'll never see. We start with the economic effects:




And then we get to the dollars out of pocket effects:




With, sad to say, almost no effect:

Climatologists estimate that Waxman-Markey's impact on world temperature will be too small to even measure in the first several decades. The theoretical moderation of world temperature would be 0.05 degree centigrade by 2050. If CO2-emission levels meet the Waxman-Markey target of 17 percent of 2005 emissions by the year 2050, and if they are frozen at that level for the rest of the century, Waxman-Markey would still reduce the world temperature by only 0.2 degree Celsius by 2100.

I'm interested in ecology. I'd like a nice environment. This bill has NOTHING TO DO WITH EITHER.
Tags: global warming
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