By Larry Thornberry on 6.3.08 @ 12:07AM
The U.S. Senate has begun "debate" on the worst piece of legislation introduced in that body since the old millennium.
Yesterday the U.S. Senate began what it insists on calling
"debate" (more like serial dopey speeches designed for home
consumption) on the worst piece of legislation introduced into that
body in the new century. Perhaps worse than anything in the last
century as well.
There's nothing good to be said about the disingenuously named
Lieberman-Warner Climate Security Act of 2008. A better name would
be the Let's Destroy the Economy by Turning it Over to Left-Geek
Bureaucrats in 2008 Act.
The heart of Lieberman-Warner is a cap and trade system that
would turn decisions on how much and what kind of energy to use in
the private sector over to government. This is the approach, you'll
recall, that worked so well in the Soviet Union that that dismal
country's first five-year plan lasted 74 years before the whole
sorry business caved-in on its own command and control butt. If
adopted, this would be the most fundamental change in the nature of
this country in the country's history.
Perhaps we could call this the New New Deal. The first New Deal,
cooked up by a lot of smart but impractical professors and hack
politicians in FDR's administration, succeeded in making the Great
Depression deeper and longer than it otherwise would have been. The
current plan, more ambitious than all of FDR's alphabet soup
groups, could put paid to the entire economy, and thus to America
as we've known it.
THE REASON A CAP and trade system is such a horrible idea, other
than the fact that it would turn America's dynamic and complex
economy over to the kind of folks who directed the Katrina relief
effort, is that it sets very low levels of use of fossil fuels, the
only relatively inexpensive, reliable, and available energy we have
in large amounts. The boutique sources of energy like wind, solar,
and biomass, the ones that excite environmentalists, just aren't
available in more than trifling amounts. And aren't likely to be
for years. Restricting the use of fossil fuels for energy would
drive the price of everything -- not just gasoline or power to
light homes, everything -- up dramatically.
We've already seen increases in the price of food thanks to our
insane policy of trying to grow our fuel through ethanol and other
bio-fuels. If we're daft enough to cap our use of fossil fuels, as
environmentalists and their political enablers want us to, we'll
first see increased prices, then severe shortages, and finally
unavailability of everything else as well. Choking off the use of
carbon-based fuels could and would make an utter dog's breakfast of
the American economy, which has been the most powerful engine of
wealth the world has ever seen. (To be sure, this legislation would
solve our illegal immigration problem -- no one would want to come
here anymore -- and, oh yeah, we could pretty much quit worrying
about obesity too as the food supply dwindled.)
At least in the past when the Congress passed terrible
legislation that made problems worse, there was actually an
underlying problem. The Great Depression, for example, was quite
real. In the current case, Congress is considering (just how
seriously we've yet to learn) altering the essential nature of
America, replacing the free decisions of the marketplace with
Soviet-like energy commissars, in the name of saving us from
something that almost certainly isn't even a problem at all. (And
if it were a problem, it would be one that Man's puny efforts could
do little or nothing about.)
We've allowed casuists, left politicians, gullible and
sensationalist journalists, and a few dodgy, grant-hungry
scientists to stampede us into hysteria about global warming, or in
the new preferred phrase "climate change" (which is intellectually
incoherent -- climate is always changing), on the basis of nothing
more than wild speculation dreamed up by computer jockeys who
couldn't tell us whether or not it will rain tomorrow if their
lives depended on it. An increasing number of scientists are coming
forward to pin the tail on the global warming donkeys, but no one
much seems to be paying attention.
WE'VE REACHED the "Do something even if it's wrong" phase. The
Senate is seriously considering (seriously as these things are
measured in Washington) creating a Department of Not Using Energy
and saddling a dynamic and remarkably clean economy with it. The
only comfort we can take is that there is no companion bill to this
Senate monstrosity in the House (though Michigan Democrat John
Dingell's House Energy and Commerce Committee is thinking of
cooking one up), and Dubya has promised to veto the legislation if
it arrives on his desk in its current form.
But something is almost bound to get through at some point. John
McCain and the two Democrat contenders all say they want cap and
trade systems. The major business organizations have almost given
up the fight against the global warming superstition. Bill Kovacs,
VP for environment, technology, and regulatory affairs at the U.S.
Chamber of Commerce, told me his group is convinced that some kind
of climate change legislation will be adopted. He just wants it to
be the least harmful he can get.
"If you try to argue against global warming, you're just not
part of the conversation," Kovacs said.
So we have yet another case where the truth doesn't matter, and
no one much is pursuing it. No one on the side of the angels seems
to believe victory is possible. We're following what could be
described as a policy a detente with the hysterics. Maybe we should
call Henry Kissinger out of retirement.
topics:
Trade, Business, Environment, Global Warming, Immigration, Energy