At the heart of the legislation is a cap-and-trade system that sets a limit on overall emissions of heat-trapping gases while allowing utilities, manufacturers and other emitters to trade pollution permits, or allowances, among themselves. The cap would grow tighter over the years, pushing up the price of emissions and presumably driving industry to find cleaner ways of making energy.
I think using unproven science to force regulation on the market is a swell idea. I can hardly wait for the "end-of-month" blackouts when my local utility has run out of emissions and cannot find any other utility to "trade" with, that after I have paid a huge monthly bill.
Now if Obama could just institute famine across the land, we'd be . . . North Korea.
But there is hope . . . if Obama wants to be more like the Europeans, then we have to embrace a historical bogeyman that drives many a liberal bat shit crazy . . . NUCLEAR POWER. Yeah, baby! People look at me like I got a second head when I suggest every household with a small generator in the basement or in our cars. But let me ask you - how long have we had nuclear-powered submarines in our naval force without significant incident? I don't see any of those sailors walking around with a tail.