Bam's Climate Rx: All Pain, No Gain | Patrick J. Michaels | Cato Institute: Commentary

Bam's Climate Rx: All Pain, No Gain | Patrick J. Michaels | Cato Institute: Commentary: "The cap-and-trade bill that the House passed last summer aims to force Americans to reduce those dreaded carbon emissions by 83 percent in less than four decades — to the same per-capita level as 1867. Yet, even under the Al Gore-approved climate-science models, the bill would do nothing to stop global warming."

"The median guess from the United Nations is that, if we do nothing to change our ways, the average world surface temperature will rise about 5 degrees Fahrenheit this century. (In fact, the trends in recent decades strongly suggest that this is an overestimate — but let's accept it for the sake of the argument.)

Now, if only the United States does change its ways, by adopting something like the House bill, we'd prevent about two-tenths of a degree of that warming, according to the UN's climate calculator. That is, the temperature in 2100 gets reduced to what it would otherwise be in 2096. All pain, no gain."

"That legislation would push even more of our industry into migrating to China, India and other nations that have no intention of reducing emissions by making energy more expensive."