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Energy to be rationed under Democrats Global Warming Bill
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nOnce again, the Democrats have created a legislative bill that is so long, no one will read it, but it will be passed with no Republican support. This one, the Waxman-Markey Energy Bill consists of 648 pages which will hurt both consumers and workers. The bill is being proposed by Rep. Henry Waxman (D-Beverly Hills, CA) and Re. Edward Markey (D-Mass.)
Myron Ebell, Director of Energy and Global Warming of the Competitive Enterprise Institute (CEI) said
Waxman and Markey blithely set targets for reducing greenhouse gases without any serious analysis or even awareness of the colossal costs of energy rationing to American consumers, workers, and industry.
...it would limit economic growth at best and produce perpetual stagnation and decline at worst.
...it would raise energy prices through the roof and hurt poorer Americans the most.
...it would destroy tens of millions of good paying jobs.
...it would put government in charge of how much energy people can use.
According to Mr. Ebell, this would be the biggest government intervention in people's lives since the Second World War, which was the last time people had to have rationing coupons in order to buy a gallon of gas.
See also
Obama global warming bill to be slowed down by Democrats (view)
Gore's global warming sideshow and recent polls (view)
Gore pushes for clean energy, coal industry fights back (view)
Obama's global warming cabinet debate (view)
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