EPA: Cost estimate of the Lieberman-Warner global warming bill!
EPA's analysis of the Lieberman-Warner (LW) global warming bill is out -- and it ain't pretty. EPA estimates that the bill may reduce GDP by a non-adjusted $2.9 trillion in 2050 while reducing atmospheric CO2 by around 25 ppm by 2095.
What a bargain -- reduce GDP by an estimated 6.9 percent for no meaningful change in atmospheric CO2!
Money for nothing... and the chicks ain't free (just ask Eliot Spitzer!)
Read the entire report (I know it is insanity) at: http://junkscience.com/mar08/EPA_LW_Analysis.pdf
What kind of delta 9-tetrahydrocannabinol are these morons smoking?