DATE: October 4, 2002
BACKGROUND: On Thursday, October 3, conferees from
the U.S. House of Representatives voted 15-2 to reject the "greenhouse
gas" provisions in the Senate version of the energy bill,
which is now in conference. The Senate provisions would establish
a voluntary reporting system for carbon dioxide and other emissions
that would become mandatory in five years. They would also lay
the groundwork for a "cap and trade" system for emissions
that is favored by very large energy producers for the competitive
advantage it would give them over their smaller competitors.
TEN SECOND RESPONSE: The House was right to reject the
Senate's greenhouse gas proposals because these provisions would
THIRTY SECOND RESPONSE: The Senate's greenhouse gas provisions
eventually would have cost thousands of American jobs and hurt
our economy. The Senate wished to do this despite the lack of
empirical evidence that such gases, produced by man, affect climate.
The Senate's energy provisions actually were "anti-energy"
DISCUSSION: The Senate's insistence on energy bill measures
which would have restricted both the availability and use of energy,
in direct opposition to House proposals to increase energy independence
(such as environmentally-safe oil exploration in the Arctic National
Wildlife Refuge), may be a blessing in disguise. It is difficult
to see how a useful compromise between the House and the Senate
bills could have been reached.
such as oil and gas exploration in ANWR, the Gulf of Mexico, the
outer continental shelf and the inter-mountain west, as well as
"renewable fuels," such as ethanol, might best be dealt
with in the next Congress.
For a broad selection of papers
dealing with a variety of climate change issues, visit our Global
Warming Information Center at http://www.nationalcenter.org/Kyoto.html.
by Tom Randall, Director
John P. McGovern, MD Center for Environmental and Regulatory Affairs
The National Center for Public Policy Research
Contact the author at: (773)
857-5086 or [email protected]
The National Center for Public Policy Research, Chicago office
3712 North Broadway - PMB 279
Chicago, IL 60613