Friday, June 26, 2009

Global Warming Cools Off

As Washington debates the importance of Cap & Trade the rest of the world is moving on. In fact, as more scientists come out against global warming theories, the new question isn't "How do we limit fossil fuels?" but rather "Is global warming based on science or fear?"

Here's an excerpt from a great WSJ article (click here for the entire article):
The number of skeptics, far from shrinking, is swelling. Oklahoma Sen. Jim Inhofe now counts more than 700 scientists who disagree with the U.N. -- 13 times the number who authored the U.N.'s 2007 climate summary for policymakers. Joanne Simpson, the world's first woman to receive a Ph.D. in meteorology, expressed relief upon her retirement last year that she was finally free to speak "frankly" of her nonbelief. Dr. Kiminori Itoh, a Japanese environmental physical chemist who contributed to a U.N. climate report, dubs man-made warming "the worst scientific scandal in history." Norway's Ivar Giaever, Nobel Prize winner for physics, decries it as the "new religion." A group of 54 noted physicists, led by Princeton's Will Happer, is demanding the American Physical Society revise its position that the science is settled. (Both Nature and Science magazines have refused to run the physicists' open letter.)

With the science being openly called into question by a new round of respected researchers, can we really afford a new tax program? My guess is that the people struggling to find work would tell us all "NO!"

This is where the rubber meets the road. Voting for climate change legislation is going to making business more expensive, and those new expenses will be passed on to consumers through price raises. In our current economy, that means slower recovery and less jobs, plain and simple.

So which is more important? Do you want cheaper business or more fossil fuel regulations aimed at protecting the earth? It's time to decide.

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