It’s unfortunate but likely that carbon emissions will eventually be restricted in this country. It could happen through a cap-and-trade bill, which isn’t even vaguely understood by 76% of the public, according to a Rasmussen poll, or carbon-tax legislation passed by Congress and signed by the president. Or it could simply be regulated through rules written by unelected functionaries at the Environmental Protection Agency.
In any event, there will be painful economic consequences, including the ruin of many a livelihood. Across the next two decades, annual job losses due to restrictions on CO2 emissions will exceed 800,000 in at least two years. Losses for most years will be more than 500,000.
The Chilling Effect | cooling heated rhetoric on global warming