Tag Archives: Cap-and-trade

Quote of the Day

“The largest scientific and economic questions are being addressed by others, so I will confine myself to reporting about how all this looks from the receiving end of the taxes, restrictions and mandates Congress is now proposing.

“Quite simply, it looks like imperialism. This bill would impose enormous taxes and restrictions on free commerce by wealthy but faltering powers — California, Massachusetts and New York — seeking to exploit politically weaker colonies in order to prop up their own decaying economies. Because proceeds from their new taxes, levied mostly on us, will be spent on their social programs while negatively impacting our economy, we Hoosiers decline to submit meekly.”

— Gov. Mitch Daniels of Indiana, on the cap-and-trade tax, May 15, 2009

Quote of the Day

“Cap and trade, in other words, is a scheme to redistribute income and wealth — but in a very curious way. It takes from the working class and gives to the affluent; takes from Miami, Ohio, and gives to Miami, Florida; and takes from an industrial America that is already struggling and gives to rich Silicon Valley and Wall Street “green tech” investors who know how to leverage the political class.”

The Wall Street Journal, March 9, 2009

“Kind of silly” to debate science

Speaking at the Eco:nomics conference, Al Gore once again sounded his “planetary emergency” alarm even as he refused to discuss the matter with Danish environmentalist Bjorn Lomborg.

he was challenged by Mr. Lomborg, the Danish skeptical environmentalist who thinks the world would be better off spending more money on health and education issues than curbing carbon emissions.

“I don’t mean to corner you, or maybe I do mean to corner you, but would you be willing to have a debate with me on that point?” asked the polo-shirt wearing Dane.

“I want to be polite to you,” Mr. Gore responded. But, no. “The scientific community has gone through this chapter and verse. We have long since passed the time when we should pretend this is a ‘on the one hand, on the other hand’ issue,” he said. “It’s not a matter of theory or conjecture, for goodness sake,” he added.

Reporting from the conference, Kim Strassel interviews big-time CEOs who regret getting on the cap-and-tax train.

In other news, the Washington, D.C. global warming — er, climate change — rally was cancelled due to snow.