Cap and Trade exposed

Discussion in 'Environment' started by jreeves, Oct 31, 2009.

  1. jreeves
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    jreeves Senior Member

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    Save the planet? Kill cap-and-trade | Washington Examiner
    If members of Congress need yet another reason to kill the Waxman-Markey bill, the Obama administration's economy-suffocating, job-destroying energy program, Princeton University's Tim Searchinger and his colleagues have a humdinger: Carbon reduction laws encourage widespread deforestation as trees and other vegetation are harvested to produce energy from biomass to replace oil and gas. The problem is that in long run, this process actually increases greenhouse gas emissions, which cap-and-trade is meant to reduce, according to Searchinger.

    The Princeton researcher's paper, published Oct. 23 in Science, points out that almost all prior global warming studies failed to take into account the carbon emissions that result from converting cropland and forests to energy production. This accounting error treats all bio-energy as carbon-neutral, the authors say, despite the fact that burning wood and clearing land actually releases quite a large quantity of carbon into the atmosphere.

    "By using a worldwide agricultural model to estimate emissions from land-use change, we found that corn-based ethanol, instead of producing a 20% savings, nearly doubles greenhouse emissions over 30 years and increases greenhouse gases for 167 years," the Princeton authors say. "Biofuels from switchgrass, if grown on U.S. corn lands, increase emissions by 50%." Neither the Kyoto Protocol, the U.N.'s Intergovernmental Panel on Climate Change, nor existing European cap-and-trade programs have taken into account widespread deforestation as farmers worldwide respond to the new economic incentives, Searchinger added.

    Those figures might actually underestimate the growth of greenhouse gas production caused by reliance on energy produced from bio-mass sources because cap-and-trade includes $30 billion in subsidies for alternative energy research, development, and commercialization, including bio-mass. In other words: A vote for the House version of cap-and-trade or the companion legislation sponsored in the Senate by Sen. Barbara Boxer, D-CA, and Sen. John Kerry, D-MA, actually means a vote for even more greenhouse gases. Who knew? Now, it's the opponents of cap-and-trade bills who can honestly say they are just trying to save the planet from the ravages of greenhouse gases.

    And one more consideration: Kerry contends global warming presents a national security problem for the U.S. This is because, according to Kerry, global warming "injects a major new source of chaos, tension, and human insecurity into an already volatile world. It threatens to bring more famine and drought, worse pandemics, more natural disasters, more resource scarcity, and human displacement on a staggering scale. We risk fanning the flames of failed-statism, and offering glaring opportunities to the worst actors in our international system." The Princeton study suggests that it's cap-and-trade that poses the national security threat.

    Now why in the world would Kerry and et el. want to pass "Cap and Trade"?
     
  2. Mr. H.
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    Mr. H. Diamond Member

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    The agriculture industry is much more powerful than people realize. It's about getting that incremental bushel of grain to market, at any cost. Grow something- anything, as long as it turns a buck.
     
  3. The T
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    The T George S. Patton Party Supporting Member

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    Two words: Manipulation and POWER.
     

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