This is a gorgeous example of politicians legislating the impossible in order to make themselves look good. They can claim to be combating the villain of the era - global warming - without actually having to do anything. At least not anything productive.
What the bill would actually do is stick it to you and me. According to Senator James Inhofe (R-OK), the bill would cost each family of four in his state an additional $3,298.00 per year in household costs and raise taxes by $1 trillion over the next ten years. Brilliant! Just what our economy needs, don't you think?
We do have a temporary reprieve in place . . . President Bush opposes this piece of junk but guess what . . . Barack Obama doesn't . . . Hillary Clinton doesn't . . . and John McCain doesn't. So when it comes to global warming, it really doesn't matter which of them wins in November.