The hysteria on Global Warming is not just an amusing adventure into delusional-land. Such flagrant disregard for real science and the adoption of doom-and-gloom loaded pseudo-science has real consequences. One of those consequences is now being advanced in the Senate and threatens to wreck havoc on the American economy, and all for no gain whatsoever.

The bill (S. 2191, America’s Climate Security Act of 2007), which justifies its existence by referencing the fraudulent work of the IPCC, lays out desired emissions cuts over the next few decades and then spells out the consequences for non-compliance. Senator Inhofe has long been at the front line of this fight, duking it out with the socialists, eco-religious and all the rest pushing the pathological science of global warming hysteria.

Warning of the dangers of S. 2191, Senator Inhofe calls it “real economic pain, for no climate gain.”

“The Lieberman-Warner bill will burden American families with additional energy costs and significantly harm the United States economy,” Senator Inhofe said. “Senators are going to be asking the American people to pay more for home energy and pay higher prices at the gas pump for no climate benefit. This bill will simply result in real economic pain, for no climate gain. MIT climate scientist Richard Lindzen correctly summed up these types of efforts in March when he said, ?Controlling carbon is a bureaucrat’s dream. If you control carbon, you control life.’

He strikes right to the heart of the matter. This isn’t about climate; this is about control. Control over the economy, control over your lives. They have a lot already but they want even more. This control will come at a steep cost. One of the bill’s sponsors, Joe Lieberman, admits that it would cost hundreds of billions.

The Lieberman-Warner global warming cap-and-trade bill (S2191) would cost “hundreds of billions of dollars” to the electrical and industrial sectors of the economy, Senator Joseph Lieberman (I-CT) conceded today. Senator Lieberman made the remarks during today’s Environment & Public Works (EPW) subcommittee markup on the bill.

“It’s hard to imagine that [Lieberman-Warner] will not cost - over time — these two sectors (electric power and industrial), hundreds of billions of dollars to comply with the demands of this bill,” Senator Lieberman said during the business meeting today.

Alan Greenspan denounces the idea of a “cap-and-trade” system while the U.S. Chamber of Commerce calls the bill “fatally flawed.”

“Cap-and-trade systems or carbon taxes are likely to be popular only until real people lose real jobs as their consequence,” Greenspan said.

“There is no effective way to meaningfully reduce emissions without negatively impacting a large part of an economy.” “Jobs will be lost and real incomes of workers constrained,” Greenspan wrote in his new book, The Age of Turbulence.

…The Lieberman-Warner bill “does not adequately preserve American jobs and the domestic economy,” wrote Chamber Executive vice president for government affairs R. Bruce Josten in an October 31, 2007 letter to Senators Lieberman and Warner.

“The bill requires American companies to undertake dramatic emissions reductions-15 percent below 2005 levels in 2020, and 70 percent by 2050-regardless of whether its economic competitors do the same, at least prior to the year 2019. By then much of the United States’ energy-intensive industry could be gone, having either shut down or moved overseas,” the Chamber letter stated.

This bill represents an unprecedented desire to commit suicide in the face of a nonexistent enemy. It must be opposed at all costs.

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