I was watching Friday's TiVo'd episode of Glenn Beck, and I'd have to say that once again he's hit the nail on the head with his discussion of "The Watermelon Bill" (green on the outside, red on the inside) - H.R. 2454 American Clean Energy Act. I'm referring to the recently passed Cap and Trade bill, which slimily slipped through the House of Representatives by a 219-212 vote late Friday while the media instead fixated on the late Michael Jackson.
Maybe they're hoping that Watermelon's Viagra-like Effect will stimulate the economy. My money's on (literally, it seems) an effect more like the one noted in Spain.
Take a peak at an excerpt from "Tilting at Green Windmills" on RealClearPolitics:
WASHINGTON -- The Spanish professor is puzzled. Why, Gabriel Calzada wonders, is the U.S. president recommending that America emulate the Spanish model for creating "green jobs" in "alternative energy" even though Spain's unemployment rate is 18.1 percent -- more than double the European Union average -- partly because of spending on such jobs?
Calzada, 36, an economics professor at Universidad Rey Juan Carlos, has produced a report which, if true, is inconvenient for the Obama administration's green agenda, and for some budget assumptions that are dependent upon it.
Calzada says Spain's torrential spending -- no other nation has so aggressively supported production of electricity from renewable sources -- on wind farms and other forms of alternative energy has indeed created jobs. But Calzada's report concludes that they often are temporary and have received $752,000 to $800,000 each in subsidies -- wind industry jobs cost even more, $1.4 million each. And each new job entails the loss of 2.2 other jobs that are either lost or not created in other industries because of the political allocation -- sub-optimum in terms of economic efficiency -- of capital. (European media regularly report "eco-corruption" leaving a "footprint of sleaze" -- gaming the subsidy systems, profiteering from land sales for wind farms, etc.) Calzada says the creation of jobs in alternative energy has subtracted about 110,000 jobs from elsewhere in Spain's economy.
To which Washington DC responds:
"NAH,NAH, NAH, NAH,NAH, NAH - I CAN'T HEAR YOU BECAUSE YOU'RE NOT SAYING WHAT I WANT TO HEAR!"
Why, oh why, are they waging war on a trace gas that is necessary for the survival of life on earth that makes up only 0.00039% of the atmosphere? Yes folks, soon you will be taking turns breathing on alternate days, because we all exhale polluting gases. Let's take a little science side trip. If we visit The Cold Facts on Global Warming, we find (emphasis mine):
According to the US Department of Energy, only about 14.8% of this increase, or 11.88 ppm, is man-made. The remaining 68.5 ppm is caused by natural forces, such as volcanoes and forest fires . From this, researchers have estimated that, when water vapor is taken into account, anthropogenic CO2 contributions cause about 0.117% of the Earth's total greenhouse effect.
At the current rate of increase, CO2 will not double its current level until 2255.
And as for the pictures of poor drowning polar bears used to rally support for the AGW cause, maybe the AGW fanatics should have a chat with a certain polar bear expert who has been banned from Copenhagen. BTW, he says the bears are doing just fine, thank you very much. I know this sounds silly, but shouldn't being covered with hollow air-filled hairs all over their body be like having their own built-in personal flotation devices? I'm sure bears die, don't get me wrong, but they seem pretty well adapted to their lifestyle overall.
Of course, companies will simply relocate to other countries like India and China to do business, so those emissions won't really decrease anyway, so I guess the whole discussion is even more irrelevant.
So, if this isn't about jobs or science, what is it about? MORE GOVERNMENT CONTROL AND LINING PEOPLE'S POCKETS. Like I tell my boys - follow the money. Al Gore stands to become the first Global Warming billionaire. Nancy Dearest and Rep. Markey (who sponsored the bill) aren't doing so bad either. (I thought this type of thing was called insider trading and was illegal?)
From Glenn Beck:
• Nancy Pelosi has $50,000 to $100,000 in Clean Energy Fuels Corp.
• Rep. Edward Markey — hmm, why does that name sound familiar? — has investments between $51,000 and $115,000 in the Firsthand Technology Value Fund (which as three solar-energy manufacturers)
• Al Gore — Mr. "Inconvenient Truth" himself — his venture capital firm is heavily invested in a new software company that's making software to help companies track their carbon footprint. He, and companies like his, will make a fortune.
Then again, Mr. Gore indulging in a little fearmongering for his own financial benefit is nothing new.
Suburban Guerrilla has some good excerpts from a Rolling Stone article that point out yet another set of beneficiaries - Wall Street:
In almost every case, the very same bank that behaved recklessly for years, weighing down the system with toxic loans and predatory debt, and accomplishing nothing but massive bonuses for a few bosses, has been rewarded with mountains of virtually free money and government guarantees - while the actual victims in this mess, ordinary taxpayers, are the ones paying for it.
Carbon credits are a artificially created, non-existent commodity that are now set to be traded just like stock futures. That's worked pretty well, hasn't it? You think gas prices shot up fast before? You ain't seen nothing yet, as the saying goes.
Finally, it's all about control. The government will decide what vehicle you can drive, what temperature you can keep your home at, what type of lighting (if any) you can use - it's a pretty substantial list. Check the Constitution. There is no mention of these powers in it. As I mentioned at the top of the post, this bill is a watermelon - green on the outside and red on the inside - moving us ever closer to a Socialist/Marxist state.