Excerpt From Blog Post:Commentary by James H. Shott
Belief in manmade climate change has dropped off in recent years and support for cap and trade measures also is losing steam. This latter trend is picking up speed as it becomes more obvious that climate scientists are sharply divided on whether humans play any role in global warming/global cooling/climate change. However, the U.S. Congress races blindly on with plans to enact sweeping, intrusive legislation, undaunted by either the lack of convincing evidence that human activity affects the environment, or the public’s increasing disaffection with this legislation.
While a recent CNN poll found that 60 percent support cap and trade measures, it neglected to mention to participants that these measures will raise energy and other costs, instead talking only about companies paying penalties for their greenhouse-gas emissions.
But when consumers realize their pocketbooks will take...
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