Posted: 03/31/2004
Global Warming Bill Will Devastate Economy
NCPA Experts Say Measure Would Unilaterally Implement Kyoto While World is Backing Away
March 30, 2004 – The House Global Climate Change Caucus announced today they are picking up the mantle from Sens. John McCain and Joseph Lieberman and are introducing a bill aimed at curbing global warming. Experts from the National Center for Policy Analysis (NCPA) note that “this is just one more endeavor to implement the energy rationing Kyoto Protocol on global warming through the backdoor.”
“This is just one more misguided attempt to force energy rationing upon the U.S. economy,” said NCPA Senior Fellow H. Sterling Burnett. ” Kyoto will never see the light of day in the Senate, because there is zero real support for it. Other versions of this proposal have already failed in the Senate, so this nothing more than an attempt to keep the issue alive at a time when support for Kyoto is falling across the globe, including among nations that were its most ardent supporters.”
NCPA noted that European Union nations must submit a plan for reducing greenhouse gas emissions to the EU by tomorrow. Some member nations, such as Germany, are balking at the reductions as they debate the predicted impacts on economic growth.
“As time goes on it becomes more and more evident that restricting greenhouse gasses as called for by this legislation will do little if anything to prevent global warming,” added Burnett. “Even members of the European Union are beginning to realize that emission reductions as called for under Kyoto and this bill will harm the economy, cause job losses and limit consumer choices.”
For more information on global warming issues or to speak with one of the NCPA’s team of environmental experts, contact the E-Team at 800-859-1154.