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Posted by
WashACE Blog
Friday, June 06, 2008
Lieberman-Warner Climate Security Act Killed
Posted by Richard Davis on 6/6/2008 5:06:00 PM
It's gone for now. The National Association of Manufacturers says that clears the way for something better. And anticipating the bill's defeat, The Foundry blog at The Heritage Foundation says critics of the massive cap-and-trade trillion dollar tax hike should learn from their success. Basic lessons: Get the economics and the science right. Lieberman-Warner cost way too much and would have done little, if any, good. It, or something much like it, will be back. Oddly, most of what I read cites "bipartisan support" for the legislation, but bipartisan opposition seems to have been the defining factor.
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