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What is cap and trade? How does carbon taxing help the economy and the environment?

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Published on Dec 17, 2009

With health care, defense spending, banking regulation and a hundred other poorly formed policy plans from Washington circulating, it's easy to forget about the cap and trade bill that passed the House in June.

House Resolution 2454, the American Clean Energy and Security Act of 2009, got me wondering: what is cap and trade, really?

I'm not an environmental scientist, and none of the people who write or appear on these episodes has a background in environmental science, so we did what we tell you to do: we went looking for solid research data, and answers backed by clear descriptions.

What we found is a lot of muck. Global warming comes from greenhouse gases, and some greenhouse gases come from manufacturing. Notionally, an increase in those gases makes for an increase in warming. Experimentation would tell us how a change in those gases would change temperature.

We were unable to find those experimental tests.

What we did find is a cabal of scientists who refuse access to data, and lately who are admitting the data was faked (in the case of the University of East Anglia emails) or that it has gone missing (in the case of a CATO and National Review essay published in September). The data they're missing or refuse to produce isn't the experimentation I speak about; rather, it's empirical data used to demonstrate warming trends.

CATO and NR argue that if the data is manipulated to show incorrect warming trends, perhaps we should wait to legislate until we figure what's going on with the temperature. My argument is that it would be helpful to know what causes warming before we try regulating how to mitigate it. And I think everyone argues one basic message:

If we can hold Congressional hearings about the White House party crashing Salahi family, how can we not hold hearings about doctored data and bad science?

Tell truth to power. Hear the real story. Think for yourself. Join the conversation at econmilitia.com.

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