-By Warner Todd Huston
The Senate’s most influential global warming bill is the Lieberman-Warner global climate change bill, a bill that claims to combat so-called global warming. Well, it won’t do much for global warming (in fact, nothing man can do can either cause or stop climate change) but it WILL cost each and every person in the country more money in higher energy bills, lost productivity and jobs as well as higher regulatory costs.
So, Illinois, let’s say you have been bamboozled by this global warming hysteria. You say that you want Lieberman-Warner to pass so that we can “do something” about your mythical global catastrophe you are so sure is coming. Well, open up you wallets and pay up, because it’s gonna cost you.
Let’s start with your energy costs. By 2025 the Lieberman-Warner bill will add $263 dollars a year top your electric costs. Natural gas prices will be artificially forced up $178 and gasoline an additional $324 dollars a year. Now this will be ON TOP of all the other price increases that will be naturally added to the costs of these products. (The costs are based on current prices)
Worse will be the loss of jobs. By 2030 over 100,000 jobs will be lost to the state of Illinois because of Lieberman-Warner. Personal income will fall statewide by over 5 MILLION dollars.
And this is just Illinois. There are similar numbers of the loss in every state n the Union. Some states take an even bigger hit than Illinois.
So, if you want to “save the earth,” expect to be living in grass huts because the so-called cure will send us all back to the dark ages.
Continue reading “Wanna ‘Save the Earth,’ Illinois? Well PAY UP!”