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The new bill is estimated to cut farmers' profits by 57 percent by 2035.  (Source: FreePeople Blog)
Want to stop an unverified theory? Be prepared to pay up...

Proponents of the AGW theory have always viewed the United Nations as a sterling example of action at any cost.  The UN's IPCC, chaired by Rajendra Pachauri, an Indian economist with no formal climatology training, has made extraordinary demands, such as suggesting that the world's citizens give up meat consumption to fight climate change.

Perhaps, those who believe that we must sacrifice the standard of living of our citizens to stop theoretical climate change should now look to the U.S. for guidance.

The Democratic controlled Congress is currently considering the Waxman-Markey bill, a measure praised by President Obama.  Obama states that the bill will "create millions of new jobs all across America."  However, the bill will likely increase yearly power bills of the average U.S. citizen by as much as $1,600, according to the US News & World Report.  Further, it will like have deleterious effects on American agriculture.

The bill seeks to replace carbon taxes with a "free market" where carbon credits are auctioned and traded.  The government says the bill will create a $60B USD artificial "free market" and will cut carbon emissions by 15 percent by 2020.

However, the Congressional Budget Office warns that the cost of this market will be "passed along to consumers of energy and energy-intensive products."  The CBO says that the bill will particularly impact low income households.

Gary Swan, Director of Governmental Affairs and Communications with the Pennsylvania Farm Bureau, says the bill will spell disaster for hard-working farmers as well.  States Swan, "On average, 65 percent of farmers' input costs are fuel, electricity, fertilizer and chemicals."

According to the Heritage Foundation, under the bill gasoline and diesel costs would grow 58 percent by 2035.  This, combined with higher prices on farm equipment, would drop farm profits by 28 percent by 2012 and by 57 percent by 2035.

The Heritage Foundation estimates that the bill will leave America $9.4 trillion poorer by 2035.  AGW supporters, though, argue that Americans must endure any amount of pain and economic hardship in years ahead to stop climate change.

Meanwhile, the accuracy of AGW theory continues to be debated.  Several recent studies have suggested that the sun may have a larger role than man in climate change.  Even a 2008 NASA study acknowledged that the solar activity caused past climate change, though it failed to make the easy connection between the sharp increase in solar activity in the 1990s to current climate change.

In other news, alarmists now a new fear to race to prevent -- French astronomers using "arcane math" methods predicted that there's a 1 in 100 chance that the Earth could collide with Mars in the next 5 billion years.



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RE: Its too old to be a joke.
By Lerianis on 6/14/2009 10:11:39 PM , Rating: 2
What is at stake? The world gets hotter? Big deal: humanity and animals will adjust if they can, if they cannot.... we all die.

And it's time for you to realize that the Army Corp of Engineers during CLINTON'S time in office said that the only thing causing global warming? That big ball of plasma in the sky called the SUN! They were absolutely right on that, the sun is the ONLY thing causing this world to heat up at all.


RE: Its too old to be a joke.
By GlobleWarmingisbunk on 6/16/2009 6:31:03 PM , Rating: 2
I agree. Any body with Half a brain cell should be able to understand that the sun is the primary cause of global warming. It is a simple equation. Sun heats the earth the earth warms up. (Duh) How stupid are Americans today?

We Americans believe everything the Media says and discount anything anybody else says. What happened to people doing research and making their own conclusions based on actual scientific data.


RE: Its too old to be a joke.
By Spuke on 6/16/2009 7:07:20 PM , Rating: 2
quote:
We Americans believe everything the Media says and discount anything anybody else says.
Actually, the average person doesn't pay much attention to these hot topics and only watches the news occasionally. The problem with Americans is not with them being sheep, it's with them being apathetic.


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