Redux

In fact, the Obama administration said no such thing....a person from the Competitive Enterprise Institute cherry-picked data from a Treasury report...

http://www.factcheck.org/2009/09/boe...cap-and-trade/

.. using worse case scenarios and, more importantly, ignoring all the tax credits, grant programs, etc. in the same cap and trade legislation.

SO what's new.....conservative and libertarian groups (AEI, CEI...) dont like the idea of government intervention, even in protecting the environment and encouraging and stimulating the development of alternative energy.

I'm not one who believes CO2 emissions cause global warming...I do believe that anthropogenic emissions of CO2 (automobiles, power plants, etc) may contribute to global warming and certainly do contribute to environmental degradation...and being the second largest contributor, we should reduce those emissions.

IMO, it is much like the screaming of doomsday scenarios by libertarians and industry groups back in the 70s when the series of comprehensive new environmental laws were enacted...clear air act, clear water act, safe drinking water act, hazardous waste disposal act, toxic substances control act.

"All this government intervention and regulation will cost the consumers $millions...it will make the US less competitive....blah blah blah"

In fact, the reverse happened....those environmental laws stimulated innovation with no pain to the consumers and made the US the leader in environmental management initiatives, with US companies exporting those innovations all over the world...and doing a pretty damned good job of cleaning up the environment at the same time.