Worse Than the Fed
June 23, 2008 at 10:19 AM EDT
I received an e-mail from a Washington, D.C. advocacy group urging me to urge my U.S. Senators to “support the Climate Security Act.” Climate security? This is legislation to set up emissions trading or a “Cap & Trade” system for carbon-based energy supplies. Basically, the government sets up a national limit for carbon emissions. This is meant to slow the changes that are supposedly occurring to the atmosphere, and by implication threatening the long-term health of the Earth’s climate systems. Under the national Cap & Trade limits, industry has to obtain rights to emit carbon dioxide (CO2) or find another source for…