In today’s Politico, I take a look at one of the 397 new regulations in the House version of cap and trade legislation. If the bill passes, almost all homes for sale would be required to undergo an environmental inspection. The home cannot be sold until it is up to code.
One unintended consequence could be the end of fixer-upper homes.
Another would be lower home ownership rates. Which, of course, directly contradicts of decades of federal policy.
It seems the forces of Political correctness are alive and well in plying the gamut of dishonorable activities to protect the Policy myth of man caused global warming. This misbegotten Policy has been subjected to the scrutiny of scientific research for 20 years and over $30 billion of research trying to prove CO2 is a dangerous gas. CEI, who monitors Gov’t activities, came out in early September ‘09 with a report that “no single piece of empirical evidence that man-made CO2 has a significant effect on the global climate.” That should be the end of this trumped up hypothesis. That leaves the stupidest bill, Waxman / Markey, ever to come out of our legislature, ostensibly to save our planet, a law with no useful purpose whatever.