An obituary for the church of kyoto and the chicken little movement.
The Death Of The Global Warming Movement
Shikha Dalmia, 07.28.10, 4:00 PM ET
Future historians will pinpoint Democratic Sen. Harry Reid's energy legislation, released Tuesday, as the moment that the political movement of global warming entered an irreversible death spiral. It is kaput! Finito! Done!
This is not just my read of the situation; it is also that of Paul Krugman, the Nobel laureate-turned-Democratic-apparatchik. In his latest column for The New York Times, Krugman laments that “all hope for action to limit climate change died” in 2010. Democrats had a brief window of opportunity before the politics of global warming changed forever in November to ram something through Congress. But the Reid bill chose not to do so for the excellent reason that Democrats want to avoid an even bigger beating than the one they already face at the polls.
Not only does the bill avoid all mention of an economy-wide emission cap through a cap-and-tax--oops, cap-and-trade--scheme, it even avoids capping emissions or imposing renewable electricity standards on utility companies, the minimum that enviros had hoped for. Beyond stricter regulations on off-shore drilling, it offers subsidies to both homeowners to encourage them to make their homes more energy efficient and the nation's fleet of trucks to use cleaner burning natural gas. This is not costless, but it is a bargain compared with the “comprehensive” action on energy and climate change that President Barack Obama had been threatening.