Preview of Kerry-Lieberman climate bill

Steve Milloy’s Green Hell blog has the scoop. A poll follows.

Leak of the day! Kerry-Lieberman cap-and-trade bill

Most of the world will learn tomorrow about the Kerry-Lieberman cap-and-trade bill.

But you can check out the bill summary and section-by-section analysis today!

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Alvin
May 12, 2010 8:17 pm

I liked a previous idea; remove all references to CO2 and see what you are left with.

pft
May 12, 2010 9:59 pm

“evanmjones says:
May 11, 2010 at 5:45 pm
I am already done with my lifelong relationship with Democrats. If Republicans and their constituents don’t step up to the plate and fight this tooth and toenail, my vote will flee from them as well….”
Actually, there is only one party, it’s the defacto Globalist Party made up of members from both parties. Their ability to play good cop bad cop, control the MSM and divide the population is what allows them to succeed. For the most part the politicians we elect are just lackeys, who receive contributions from those who control things behind the scenes. Joe Lieberman is the key to keeping both party’s in line, any legislation he sponsors is backed at the highest levels of the real power that runs DC. Who do you think writes these bills anyways, most of those who vote on them can’t even read them.
Reading the summary, it’s unbelievable to all but the ignorant or party faithful. They allow an opt out to coastal drilling, that Gulf accident was might convenient, wasn’t it. Big Oil, which is a monopoly interlocked with international banking, makes far more from imported oil, tax free, using the tax havens. They don’t buy the oil at market price from these nations who need them to get the oil from the ground and to the market, and they sell it to their refineries at market price and book the profits where their oil tankers are registered, which is usually a tax haven.
They commit to 80% carbon emissions, which effectively will reduce standards of living since living standards are directly correlated with energy consumption. Carbon credits are essentially a currency, and allowing it to increase at rates above inflation ensure growth in the carbon credit supply and will depreciate carbon credits. By setting limits for carbon credits to trade at, it allows controlled booms and busts in the market by those who control the market. Conveniently, there are no controls on carbon credit speculation.
The one seemingly decent idea of an import tax on nations who do not control their carbon emissions can be eliminated with a global agreement per the bill, showing the intent that this part may be temporary. Nations like Russia and China will then be encouraged to work out an agreement which allows them to avoid the import tax (actually, they won’t pay anything, the importers will, and the importers will just pass the cost on to the retailer/consumer), while continuing to pollute at will (if CO2 can be called pollution). Nothing to stop whats left of our manufacturing to run away to greener pastures. Those rebates are a pipe dream for obvious reasons, as we will always have a deficit. It’s our pay of paying tribute to the sovereign.
Carbon credits for those who do not know are the basis for the coming global currency that will replace for USD as the reserve currency. We will then need to finance our international debt and trade deficits by borrowing money from an international agency like the IMF with all kinds of strings attached, much like 3rd world nations.
Basically, it is the most damaging legislation since 1913 FR Act and the related bills and the 2001 Patriot Act. It spells the end of the US as we know it. Obama can leave office after 1 terms doing what he was supposed to do, sinking this ship (after Bush and others poked a bunch of holes in it), and maybe moving on to be Secretary General of the UN after 2012.
Once the carbon dollar is globalized, they can put that capstone back on the pyramid. Mission accomplished.

JimB
May 13, 2010 4:37 am

Pft…excellent post. And here I thought I was the only one…
One section of the summary talked about ONLY involving the worst offenders/producers of C02, when means ONLY 7,500 energy plants and factories would be impacted. Only? ONLY????
So according to my basic math skills…that’s an average of 150 of the LARGEST factories/powerplants per state? And they can use the word ONLY to describe this?
And someone thought this would make the bill sound better??? LOL
JimB

Patrick Davis
May 13, 2010 5:04 am
JimB
May 13, 2010 5:59 am

Patrick,
And of course there’s no mention that this bill will never be passed…
JimB

Dave McK
May 13, 2010 7:58 am

Yes, it was coming and nothing could stop it.
There have never been any consequences.
Indeed, it’s entirely conceivable that those who whine today will rationalize tomorrow.
That’s the nature of a codependent relationship.
Vote more, why not? It got you where you are today.
Watch the Dan Pearl beheading and see the poster boy of hopey change.
You’re about to get cap & tax.
The free lunch is you.
Yes, vote more. It always does what it always does. Einstein had a word to say about repeating something and expecting different results.
Maybe if you make campaign donations? One can hope?
If you are really sweet and reasonable, your abusive codependents might change?
They don’t have a problem, you know. They’ve solved their problems with cap & tax. Now we have the problem.
It’s very important to understand that the universe can never and will never make a mistake. If expectations are violated, reality is never in error, but one’s perception of it.
Vote until it hurts badly enough to get the lesson. If one hopes really really hard, it might happen before heads are handed out and everybody’s problem is solved.

Patrick Davis
May 13, 2010 8:28 am

“JimB says:
May 13, 2010 at 5:59 am
Patrick,
And of course there’s no mention that this bill will never be passed…
JimB”
Of course, not to the Australian public. KRudd747 is dead set on some form of ETS (Everything Taxed System), in fact he is quote, “Passionate”, about climate change, whatever that means, of course all in an election year. His poll ratings are dropping through the floor, various “policies” have failed disasterously. Personally, I am hoping the Australian voting public, which I now qualify, will send a message to our “leaders”, like in the UK, that the “unwashed taxpaying masses” are unhappy with the BS (That is both BS and Bad Science) and the manipulation of the minds of ordinary people in relation to CAGW.
My sister, from the UK, was here recently and she was stunned at how little MSM content is sanitised here. Well, it’s sanitised less than the UK, but it is still sanitised and pro AGW unfortunately.

Alan F
May 13, 2010 8:37 am

Looks like Roger Pielke Jr was wrong on this one as the economic hurricanes caused by man made global warming hysteria are indeed on the rise and costing us more than ever before.
A few years from now one of Anthony’s articles may just be titled “America in Receivership: Who Can Afford to Worry About The Weather?”.

Henry chance
May 13, 2010 10:00 am

I posted earlier yesterday there is no bill. Now there is a bill and it comes up on Kerry;’s website. I have read over 200 out of 987 pages.
The Out right lies are carefully framed. They will allow construction of nuclear plants. That sounds good. They also will fund studies of nuclear plants and safety. So in other words, the safety studies will be used to block nuclear. They will allow offshore drilling ..Later.
But they will invest in safety studies for several years before setting up how this may be done.
One of the stupidest moves is a tax at several levels on energy. They you have to jump thru hoops and paperwork to get a refund. In other words, forget about a refund. There is incredibly much pork hidden in the bill.

Dale
May 13, 2010 1:11 pm

CO2 is pollution? By what insane logic do you make that statement? Without CO2 in the atmosphere, life on earth would come to a screeching halt. It is a requirement for life as we know it.
Flawed logic and circular logic is need for the global warming religion to be sustained. And, for the record, temperatures are now falling and have been for some years.
But hey, why would *REAL* science and logic ever prevail in Washington, DC.
Do you really think that Mr. Gore, Barbara Streisand and others actually believe the garbage they spew? How much have they scaled back their emissions? Hint: zero. Yet Gore has become a billionaire off of his convenient lies.

George E. Smith
May 13, 2010 3:02 pm

“”” geo says:
May 11, 2010 at 2:27 pm
I don’t suppose this will make me very popular with many of the regulars around here, but I find this bill to be a reasonable compromise at this point in history. Much of what it does works just as well as an energy independence plan, nuclear wakes up from its long slumber, nat gas gets some loving, etc.
And it doesn’t try to craft a 20, 40, 50, or 100 year solution, which is just insanity. Limited goals in limited timeframes and at a reasonable cost in the grand scheme of things.
Maybe I’m coming from a “it could be a lot worse” place in my thinking, but then I’ve always considered myself a “lukewarmist” anyway. “””
Well geo, cap and tax isn’t listed anywhere in the US Constitution in Aticle I Section 8 where it gives the Congress the authority to do just 17 things. More specifically in that section the very first Clause gives the Congress authority “to lay and collect taxes” for just three things.
#1 is “to pay the debts” of the United States.
#2 is “to provide for the common defense” of the United States, and
#3 is “to provide for the general welfare” of the United States.
The United States they refer to is that “more perfect Union” that is one of the three parties to the US Constitution along with “the several States” and “we the people.”
It does not authorise them to provide for the general welfare of every tom, dick, and harry, just that political entity in Washington DC known as “The United States”.
Nowhere does it authorise them to collect taxes for anything else.
Well there is Clause 18 that authorises them to make what laws are “necessary and appropriate” to carry out the first 17 things .
Unfortunately they don’t understand what the word “necessary” means. If there are two or more ways to address some problem (say with a law); then NONE of those ways (laws) is “necessary”, since there are alternatives besides that way (law).
That’s one way to say that the States can take care of the problem in whatever way they see fit (as provided for in their State Constitutions.)
So where do you get off thinking that any of this has anything to do with the Federal Government (aka the United States).
How about an energy/cap and trade bill, that simply says:- “resolved that we do nothing; with regard to this issue; since nothing is “necessary” . “

u.k.(us)
May 13, 2010 3:14 pm

The mafia has cornered the market on the “recession proof” industries of gambling, prostitution and loan sharking. Software companies require users to upgrade to their newest release every 2-5 years. Financial markets/ Government spending seem to be running on the “ponzi scheme” model.
Where does this leave our elected Representatives, some seem to have combined all the above into a “recession proof” (energy), ever evolving (climate change), ponzi scheme .
They want to set the market price (monopoly?), adjust for inflation and insure future price increases. Combined with subsidies (taxes), no wonder the energy companies are on board.
I’m sick of giving my hard earned money to incompetent, self serving, clueless politicians to spend on their special interests.
All because of a “scary story” , that happened to coincide with the warming trend after the “global cooling” scare of the late 70’s.
Personally, I think Al Gore just got “lucky” (and owes science a debt he can never repay).

George E. Smith
May 13, 2010 3:38 pm

“”” davidmhoffer says:
May 12, 2010 at 6:58 am
Gail Combs;
ROTFLMAO, now I have to clean the tea off my screen. Thank you David, I think we all needed that laugh, but unfortunately it is too close to the truth.>>
Sorry about your screen, glad you had a laugh.
Oddly enough, as I watch global events, I recall my high school social studies teacher (we’re talking several decades ago) saying that democracies tend to slide incrementally left over time until some crisis snaps them suddenly to the right. The longer the time of peace and plenty, the further the slide and the larger the crisis needed to snap them back to the right. I can’t help but notice that he seems to be correct.
New Zealand had a massive subsidy system to invest in their agriculture system that drove them so close to bankruptcy that they had to draw down the overdraft protection on all their embassy bank accounts around the world. They killed the subsidies, left of centre parties did a lot of the cutting, and today they have one of the most competitive agriculture systems in the world. “””
Many years ago Scientific American Mag, had a whole issue special, on world energy consumption and world food production.
Basically they studied the relationship between energy input and food output, for every imaginable kind of social structure all over the world.
For example, they studied an “eskimo” society where new energy input; in the form of powder in bullets to use in rifles to shoot seals, instead of spearing them; and gasoline for snowmobiles, instead of food for sled dogs, and how those changes increased their food supply.
What they found was that from the most primitive of cultures and societies, to the biggest and most complex, the relationship between energy input (to the food system) and food production outputs was a straight line; all over the world. Energy input equals food output.
Only two places on earth did not lie on that global straight line function; but were significantly off it, in the direction of being more efficient in producing food with less energy input.
Those two places were France, and New Zealand. In both cases; the efficiency increase, was mainly an accidental benefit of a unique climate/weather pattern in those two places.
I have no idea what the French advantage was, but the NZ thing is fairly obvious. It’s surrounded by water that keeps it at a comfortable temperature range, and it gets plenty of rain and sunshine.
The big problem of course is that France and NZ together, don’t amount to a hill of beans in terms of total world food needs; so their efficiency advantage is largely wasted by lack of capacity to supply much of the world with food.
The message for today though is; if the USA doesn’t get the energy; the world isn’t going to get the food. Not our choice; the food simply won’t be there without the energy.
So you can divert scarce supplies of fossil fuels to fool’s enterprises like ethanol and bio-diesel; just get your votes in for who it is that you want to starve for lack of food.
Of course with this present Marxist lunatic bunch in Washington, and elsewhere; that elimination of much of the world population is the goal anyway.
Just a note to the population planners; you may think you are going to get to choose the losers and the winners; so has every Tyranical regime of insane zealots in history.
Have you ever seen a more incompetent; yet deadly bunch of mentally deranged individuals, than Obama has assembled (including himself) in your life.
Well you wanted change; so now you are going to get it.
When you toss all the elements of a working system up in the air; you generally don’t get to choose where all the pieces come down.

Richard Steven Collins
May 13, 2010 4:17 pm

Could’nt all of this,,,these things globally mean we are all a little AFRAID of the things coming in VERY rapid succession.Left,Right does’nt matter NOW

George E. Smith
May 14, 2010 4:40 pm

Well if you happen to be one of those people who sees a future of hydrogen powered electric vehicles or hybrids like Super-Piuses, get ready for a good dose of reality.
Guess which Country is the world’s biggest producer of Rare Earth metals that are so necessary in efficient magnets for efficient electric motors.
Well it’s your friendly Communist Red China. Guess how much of the total world production they account for. HOW DOES 95% GRAB YOU ? A single Pius contains a whole Kilogram of Neodymium.
The ODD has a prototype hybrid electric drive for an Aegis Class destroyer; and its motor magnets are built in Communist Red China.
Welcome to the future.

u.k.(us)
May 15, 2010 5:44 pm

Beware, the winds of change, they are rising.

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