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Cap-and-Trade Global Warming Bill Is A Scam, Experts Reveal

Two EPA lawyers criticized the cap-and-trade energy bill passed by the House as a scam, noting in The Washington Post that it will be manipulated to profit politically connected corporations and reward certain kinds of pollution, while not cutting greenhouse gas emissions.  A similar scheme enacted in Europe in the name of fighting global warming enriched polluters, while not reducing emissions, which actually rose faster in most of Europe than in the U.S.

The Washington Examiner explains how the bill will lead to deforestation, and thus increase greenhouse gas emissions in the long run.

The bill, which is loaded with pork for special interests, is backed by Obama, who once admitted that under his cap-and-trade scheme, electricity and utility bills would “skyrocket” and coal-fed power plants would go “bankrupt.”  Treasury Department analysts estimated it could increase taxes on the average American household by $1,761 per year.

The bill also contains environmentally harmful provisions, such as massive ethanol subsidies, which will result in “damage to water supplies, soil health and air quality.” Ethanol subsidies have resulted in forests being destroyed in the Third World, and caused famines that have killed countless people in the world’s poorest countries.



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  1. DCJ says:

    It is telling that the cap and trade program in Europe hs not been successful at reducing emissions. Why would we think the same program would be successful in America? It won’t. We must write congress and voice opposition to this economically devastating legislation that will do nothing to improve the state of the environment at http://tiny.cc/jeUy2.

  2. Tacnet says:

    We should be more concerned about Global Warming and Climate Change because Typhoons are getting much stronger and there are greater incidence of Flooding. take for example the recent Typhoon Ketsana which devastated some countries in South East Asia.

    • Otter says:

      tacnet, hurricanes / typhoons have dropped off considerably in the past 4 years. Check the numbers for yourself if you don’t believe that.

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