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Economy
House Democrats Unveil Pollution (Energy Rationing) Reduction Plan
2009-03-31
Democratic lawmakers on Tuesday unveiled a plan to tackle climate change by cutting greenhouse gases by one-fifth over the next decade, a faster clip than urged by President Barack Obama.
The proposal, seen as the first step toward Congress enacting climate legislation this year, was crafted to attract broader support among centrist Democrats. The plan includes measures to spur energy efficiency and to support technology to capture carbon dioxide, the leading greenhouse gas, from coal burning power plants.
The 600-page "discussion draft" will be the basis for climate debates in the coming weeks as the House Energy and Commerce Committee works to craft a bill by mid-May.

Not a good idea IMHO
Posted by:Deacon Blues

#3  I guess Congress will be ok with 70% unemployment - one of the results of their little commerce-destroyer of a bill. What's even worse, it's all for nothing. The real cause of 'global warming' is fluctuation in solar output, magnetic field, sunspots, and the effects of those on the planets, most especially Earth.
Posted by: Old Patriot   2009-03-31 23:17  

#2  This bill also allows the gov to 'tax' imports for their carbon content and allows Congress and the DOE to issue 'exemptions' to key industries.

Both protectionism and built-in graft.
Posted by: mhw   2009-03-31 20:30  

#1  I'm all for it. Send the jobs to non Dem controlled states like mine. We may even export some electricity back your way. For $1000/MWHour.
Posted by: ed   2009-03-31 20:21  

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