Tuesday, May 26, 2009

Ban Ki-moon Rejects Waxman-Markey as Insufficient

The Waxman-Markey cap-and-trade global warming bill would "reduce aggregate GDP by $7.4 trillion, kill 844,00 jobs and raise the energy bill paid by a typical family by about $1,500 annually" (based on a study by the Heritage Foundation's Center for Data Analysis).

Is UN Secretary-General Ban Ki-moon concerned about the impact this supposedly anti-global warming legislation* would have on working Americans?

No, he says working Americans aren't being hurt enough.

* The bill, if adopted and if it worked perfectly -- both very large assumptions -- would have negligible impact upon the climate, if any.

Hat tip: Dr. Benny Peiser.

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Posted by Amy Ridenour at 8:23 AM

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