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The Waxman-Markey bill on climate change that recently passed the House is a train wreck waiting to happen. Intended to reduce global warming and achieve energy independence, it is totally inadequate in its reliance on a flawed cap and trade system, and the recently released Senate version called the Kerry-Boxer bill follows the same track. Like the House bill, the Senate version represents the further transfer of wealth from taxpayers to the nuclear and fossil-fuel industries – a result of their immense power and influence.
To successfully confront the climate change crisis and the nations addiction to fossil fuels, we at Clean Power Now endorse a straightforward carbon tax instead of the cap and trade schemes.
Both bills impose a legal limit or
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