source: IBD, March 24th
The EPA has prepared a finding for review that global warming is a public health threat. . .See also MaxedOutMama.
The irony here is that wealthier societies are the healthier societies, and attempts to regulate emissions are attempts to restrain economic growth. Kyoto and its descendants are recipes for global poverty that hurt the very populations they purport to help.
According to a Heritage Foundation analysis, "using the Clean Air Act to regulate greenhouse gases will be very costly, even given the most generous assumptions." Clean Air Act regulation of greenhouse gases "could spur additional investment," Heritage acknowledges, but "this investment was completely undermined by the higher energy prices."
So much so, says Heritage, that "cumulative GDP losses for 2010 to 2029 approach $7 trillion with single-year losses of nearly $650 billion." Annual job losses would exceed 800,000 for several years, with some industries experiencing job losses exceeding 50%.
(via Planet Gore)