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October 5, 2007

$Trillions to Be Sacrificed to Global Warming Hoax

Global warming can't hurt you — but the global warming hoax can and will hurt all of us if the irresponsible moonbats running our government aren't reined in. The Low Carbon Economy Act of 2007 — sponsored by Senators Jeff Bingaman (D-NM) and Arlen Specter (RINO-PA) and intended to save Mother Nature from the imaginary climate change crisis — would cost us over $1 TRILLION over the first 10 years and many more $trillions afterward.

An EPA analysis tells us what we would get for the money. Steven Milloy reports:

For reference purposes, the current level of carbon dioxide in the atmosphere is about 380 parts per million. The EPA estimates that if no action is taken to curb CO2 emissions, the atmospheric concentration of CO2 would be 718 ppm by 2095.
If the Bingaman-Specter bill were implemented, however, the EPA estimates that CO2 levels would be 695 ppm — a whopping reduction of 23 ppm. […]
But what are the climatic implications of this reduction in terms of global temperature? After all, we are talking about global warming.
Although the EPA didn't pursue its analysis that far, figuring out the implications are readily doable using the assumptions and formulas of the United Nations' Intergovernmental Panel on Climate Change. Under the no-action scenario (718-to-695 ppm), the IPCC formulas indicate that the multitrillion-dollar Bingaman-Specter bill might reduce average global temperature by 0.13 degrees Celsius.
Under the maximum regulation scenario (514-to-491 ppm), Bingaman-Specter might reduce average global temperature by 0.18 degrees Celsius. Actual temperature reductions are likely to be less since these estimates rely on the IPCC's alarmist-friendly assumptions and formulas.

The difference between doing nothing and maximum regulation would almost certainly fall within normal climate fluctuation, and therefore be undetectable. But the effect of global warming moonbattery our standard of living will be quite easy to detect. According to economist Arthur Laffer, cap-and-trade regulation would act as a constraint on energy supply, shrinking the U.S. economy by 5.2% and thereby reducing income for a family of four by $10,800 by 2020.

But so long as all the voters know that Senators care about the cuddly polar bears, that's the important thing.

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A cuddly polar bear at play.

On tips from Byron and Bill.

Posted by Van Helsing at October 5, 2007 11:01 AM

Comments

Polar bears want you dead! DEAD!

Posted by: ChenZhen at October 5, 2007 2:37 PM

pollution is a myth, just like the female orgasm.

Posted by: Anonymous at October 6, 2007 2:57 AM

My wife would disagree with you.

Posted by: Archonix at October 6, 2007 3:27 AM

I suspect that for many in the environmental movement, it's a substitute.

Posted by: Ian from the EUSSR at October 6, 2007 6:08 AM

a good bear

Posted by: Anonymous at December 12, 2007 2:32 AM