You can stop holding your breath now, it’s really happening. Today Senators John Kerry and Joe Lieberman will unveil the Senate Climate Bill to the nation. Without the aid of their co-author, Republican Senator Lindsey Graham — who walked away from the bill in April — the two Senators will attempt to push the bill through the Senate and garner the magical 60 votes needed to avoid a filibuster. So maybe you should keep holding your breath, because this bill is far from passed. But at least now we can take a look at what it says.
The bill is separated under 12 headings detailing the most important climate issues that the United States faces right now including nuclear energy, coal, offshore drilling, carbon capture, transportation and renewable energy. It is comprehensive and quite long clocking in at about 1,000 pages. It will call for a scaling back of carbon emissions nationwide starting with a 17% reduction (by 2005 standards) by 2020 to an 85% reduction by 2050.
Though Senator Graham will not stand with Senators Lieberman and Kerry to announce the unveiling of the bill his ideas remain intact on its pages. The three co-authors of the bill have already been all over Congress chatting up those wary of the bill and attempting to write its contents with their wants in mind. While it looks quite appealing to us, it’s not perfect — we’d love it if they kept the kibosh on offshore drilling. Though they have included the wishes of those that want to keep up their beloved “drill, baby, drilling” and “mine, baby, mining,” there are quite a few pieces of the bill that those against it will find completely unfavorable.
I wonder how much Obama’s close friend and funraiser, Richard Sandor, founder of the Chicago Climate Exchnage, has to gain financially from this little piece of legislation? Mr. Gore is all-in as well. Obama also was one of the founders. Do you think there are any monetary motivation here? It may be interesting to note that the Chicago Climate Exchange in spite of its hype, is a veritable rat’s nest of cronyism. The largest shareholder in the Exchange is Goldman Sachs. Chicago Mayor Richard M. Daley is its honorary chairman, The Joyce Foundation, which funded the Exchange also funded money for John Ayers’ Chicago School Initiatives. John is the brother of William Ayers.
Meanwhile, if this BS cap and trade regulation ever gets passed, it will be the consumers who will pay dearly for this disguised tax. Three cheers for capitalism disguised as environmentalism.
Kmart… Its nice to see someone else that cares about the environment, while at the same time isn’t blind to what is going down.
[...] — with John Kerry by his side — that the Senate will officially be shelving the hopeful Climate and Energy Bill in favor of an all-but-unrecognizable version that the Democrats believe they can get past the [...]