| Sourced From Washingtonexaminer.com |
Democrats’ cap-and-trade climate change bill contains a provision that could suddenly render useless the carbon credits it creates, says Sen. David Vitter, R-La.
Vitter will speak at a press conference later today on how the bill establishes emergency conditions requiring the president to step in and use all of his authority over relevant agencies to stop global warming. According to the Pacific Northwest National Laboratory, which performs climate modeling analyses for the Department of Energy, the emergency conditions laid out in the bill would be triggered within months of its enactment.
The cap-and-trade bill — both the Senate version that passed the Environment and Public Works committee and the version that already passed the House — effectively declares a climate emergency if world greenhouse gas levels climb above 450 parts per million. (The number appears to have been chosen arbitrarily.) According to the Pacific Northwest National lab, which wrote in response to Vitter’s inquiries, the world’s air will hit that level of greenhouse gases next year, in 2010, if undeveloped nations do not accept carbon limits.
The result is a a scenario in which the law not only permits but in fact requires the president to
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