Energy Secretary Steven Chu suggested last week that the House-passed climate bill was not aggressive enough in cutting industrial greenhouse emissions, but he said the US could take a more forceful approach down the road when new, low-carbon energy technologies are developed. “You can revisit and ratchet down later,” Chu said, adding that he would “rather have a bill this year” — even a relatively weak one — than no climate legislation at all.[Rep. Ed] Markey, who introduced Chu at the Harvard speech and took questions with him after, said even if the relatively weak House bill becomes law, Congress will revisit its emission-reduction targets in the coming years. “This won’t be the last time we will visit this between now and 2020, 2030, 2050,” Markey said.
The House bill made far more exemptions for energy producers and postponed effective dates far longer than desired by the true believers like Rep. Markey. The strategy was to make the necessary political concessions to get the government structures, regulations, controls and personnel in place. Once these centralized mechanisms of power are created you can use them to impose more controls to meet the more radical environmental amibitions.
First comes the structures…
USA Today, “House’s global warming bill: $8B“:
It will cost nearly $8 billion over the next decade to pay for the expanded federal bureaucracy needed to combat global warming under a bill passed by the House of Representatives, a report by the non-partisan Congressional Budget Office says.
The budget office also found that the House bill would shrink the federal deficit in that 10-year period because it requires businesses to buy permits to emit global-warming pollution. That would add hundreds of billions of dollars to federal coffers.
P.S. The Boston NPR affiliate also reported Markey’s statement: “Yes, you can find deficiencies in the bill,” Markey conceded. “But this won’t be the last time we visit this. And we’ll be able to return to this in five or six years, and then in 10 years, and then in 15 years, to accelerate this revolution so that we’re the global leader.”
So basically Waxman-Markey is also Bait-and-Switch.
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