Obama's Climate Rip-Off

Full Artricle Here By Steven Milloy
Publisher, JunkScience.com/Co-Manager, Free Enterprise Action Fund

"Maybe the economics of Obama’s cap-and-trade rip-off don’t bother you, but the fact that the rip-off will accomplish nothing should give you pause."

The liberal think tank Center on Budget Priorities and Policy estimated this week that Obama's plan for reducing greenhouse gas emissions would cost the poorest families in America $750 per year as higher energy prices ripple through the economy affecting all goods and services. So if the poorest families, who use far less energy than the rest of America, are in a financial hole under the president’s plan, one can easily imagine how the rest of us will end up.

Maybe you’re thinking that these extra costs are worth it as they will be dwarfed by the environmental benefits of tackling the much-dreaded global warming.

Think again. There will be no detectable or tangible benefits from reduced greenhouse gas emissions.

First, carbon dioxide, the main greenhouse gas targeted by regulation is invisible, colorless and odorless. Since it exists in the atmosphere at levels measured in the parts per million, unless you’re a plant that needs CO2 to live, you’re not going to notice it.

Next, there is no evidence that human emissions of carbon dioxide are causing detectable changes, much less any harm, to the climate. Check out my YouTube video on this issue: