CNN

Spain tried this and it resulted in 18% unemployment. So maybe we should give it a go. Green doesn't work. Thanks Obama.

JP, its called data analysis, TRENDS, and statistics using math. Sure sometimes predictions for next week are off, but it is actually much easier to predict the future climate in a broader more general scope of years from now than it is for next wednesday.

Don't worry, we don't expect you to understand. The drill baby drill crowd are not able to think outside the box created by their GOP lawmakers who are owned by the oil companies who only care about $$$$.

Dumbest bill ever proposed. This will cost us jobs, money, quality of living, etc., etc., etc....

No one is for ruining the environment but the case that humans are destroying the environment or the planet is vastly overrated. We aren't doing close to the damage these people are claiming.

Gore goes around constantly telling us how great of a calamity we are facing if we don't fix it with this cap and trade crap and yet he still lives in a monstrous mansion and still has a carbon footpring the size of a small city. If it was such a crisis, wouldn't he be doing his part, too?

What a bunch of misguided hypocrites leading a bunch of misguided ignorant fools.

This is only money for the DNC and especially Al Gore and his company GIM–Duh, God controls the climate

What they are doing is repeating what Hannity and Rush tell them. They are like parrots when it comes to repeating Rush. The only one benefiting is Rush and his cronies. They do not have an idea what they are saying, the dittoheads turn on the radio like robots and listen to Rush as if he is an expert, and repeat everything he says, making him rich while they eat cake.

This is a huge money maker for wichever fossil fuel company can figure out how to make the same amount of power with less carbon. I'm guessing it will be one of the oil companies who have already bought up the pattents for the winning idea.

As for a jobs bill, somebody has to set up and run the trading market for the carbon stocks. Let alone all the servers cisco will have to sell to them etc.

America you can either be out in front with the technology and already existing manufacturing base thats looking for a new market to exploit, or you can be left in the dust and buy your solar pannels and wind turbines from China and Mexico just like your cars. Its your choice.

Here it comes. The first pain from the CNN/MSNBC elected administration.

Get used to paying more for everything people.

The US ( and the rest of the world) must take dramatic action now to prevent climate disasters (drought, sea level rising, increased hurricanes, loss of America's midwest breadbasket (it will move to Canada), as well as the high cost of imported oil- the cost of these impacts on our economy and standard of living is easily 10 times the cost of a potential increase in utility bills-our utility and gas bills will go DOWN, not up, in the next ten years if we make the necessary investments in wind, solar and nuclear and US natural gas. Do we really want to pay $400/barrel for oil to Iran , Iraq and Saudia Arabia in 2025 (our oil will be gone by then).But then, many people can only see ahead a few weeks at a time...

Let's face it, the only way to reduce energy expenses in this country is to reduce total energy consumption! We already consume twice as much oil as we produce, AND the oil companies set their prices based on international market, not just the domestic, AND on top of it they even export oil overseas instead of selling it to us. So we can't beat the price down. We can only reduce our bill if we reduce use!

J.P.
By your argument if it's colder on March 4th than it was on February 20th in your town by even a degree, it completely disproves the 'theory' of seasons. Do you never take an umbrella with you to work when the weatherman predicts an 80% chance of a downpour in the afternoon?Please pick up a book, read, and learn the difference between weather and climate before you try to judge others on science.

The cap-and-trade program is a sham! It still allows corporations to pollute all they want. We need actual reductions in pollution, not redistribution to others!

lets call this what it really is, a cap and TAX bill. This has nothing to do with helping the echo system, if enacted it would lower the temp by .5 of a degree over the next 50 years. All this will do is increase the cost of living and send more jobs over sees. I am a hunter and a fisher and spend most of my time out doors and I love the echo system.

This is the beginning of the end for the manufacturing portion of the United States. We will all become dependent on the government, but.. who will be financing Medicare/Medicad, etc - the people in government. So.. when everyone is out of work, will Obama and the rest of Congress be able to financial support us, or will they be living outside of the US and watching us suffer for what they did. Time the people take back this country and elect non-politicians into office (meaning not ones that have been in politics their entire careers). The problem with getting into poltics is that the person has to be wealthy, which is not correct either. A regular person should be able to run and elected based off their values, not all the propaganda that is put in front of the public, but speaking from the heart.

Hey all of you who think this bill is such a bad idea, raise your hand if you've actually READ the bill! Hmmmmm . . . not so many . . . go figure.

steve June 26th, 2009 12:29 pm ET

My advice to Democrats in general;
Stop going on national Tv and anounce that you don't have the vote.
It makes you all look like defeatist. The last time I checked you are the majority and the GOP is the miserable minority.
Work with the president to move his agenda forward and ignore the party of No.

Right on, Steve . . . well said!

JP,

"Climate" and "weather" are not synonomous... climate deals with all meteorlogical elements over an extended period of time in terms of averages and means, not just day-to-day or week-to-week activity. So the trends are much more gradual, patterned and predictable.

Fact: Climate change is happening. One only needs to review the historical data. There is a strong, "more than likely" possibility that human activities are adding to the problem. We also know that carbon emissions are acidifying the worlds oceans, threathening the entire food chain.

You should show a little more concern over the impact that we are having on our planet. After all, it's the only one we have.

More lies! Just say "NO" America! This is just tax fraud and power grab. It will do zip for the environment/global warming!

Please explain to me how with the cost of electricity, fuel, food , transportation, etc. increasing, that this will not cause the cost of everything else to increase? Who will pay for this? Not the industries the government tell us it is intending to pay this tax, but everyone who buys their products (and we all have to eat)!

We are using the Spain model for climate change...18% unemployment there. The Canadian model for health care... ask a Canadian how great that is. Why does the US Congress suddenly want to adopt policies that have proven to be disaster in many countries? There now seems to be a national obsession with sabotaging the things that make us great: industry, individual liberty, and innovation.

Anyway you slice it, this bill will only add to the cost of energy without reducing any effects to the climate whatsoever. China and India will continue to contribute to global warming since they don't care about emissions and the US economy will continue to tank.

This is nothing more than another liberal power grab and tax increase. "Global Warming" has been disproven over and over. Stop listening to the rhetoric and look at the facts. The earth has actually been cooling for the last 11 years despite increased carbon dioxide. Look it up. The proponents of this myth will be remebered as the biggest charlatans and snake oil salesmen of our time.

THIS ONLY puts money in Al Gore's and his company, GIM, pockets. GIM is located in London–jobs for the British, not us Yaks Democrats best look twice before voting it in just to please Gore and Pelosi

Nuclear Energy is renewable but they won't allow that. This will just force energy companies to fail. Then Uhmbama will say they are too big to fail and take them over. But here is the kicker. The federal governement already controls the energy industry. It's why in every town across America you can only get electrcity from one company.

New World Order.... enough said...

Contentious? Really? America has been held hostage to foriegn oil and American refineries for far to long. The cornerstones to a solid economy is energy, construction/production, education and a great constitution. We are so far behind in every catagory that the devastating toll has been so evident that not to act decisively would be rediculous. The excuses and rhetoric about why we should leave it the same is dead in the water. Only the dumbest and ignorant persons could think otherwise.

How touching that all of the Repubs are so worried about the huge deficit we are leaving their children and grandchildren, but they don't seem to care what kind of WORLD we'll be leaving them. Guess they can spend their savings taking vacations at the beach... in Pennsylvania.

I cant wait unitl I see all those people so supportive of Obama after they see just how much it is going to cost them when Obama completes his new society. They may not understand economics but when their utlitiy bills, fuel costs, food bills and just about everything else rise dramatically they will have no one else but themselves to blame for voting this socialist into office.

This will, at most, cut global CO2 emissions 2% by 2050. Is that 2% worth losing jobs, spending $$ trillions of dollars, increased taxes (via energy costs) for a 2% total reduction.

And 2% is being liberal folks. The 83% in US is a mask for the overall rate in reductions! I can't believe some don't get this...

You can kiss the state of West Virginia good bye. The vast majority of that state's economy is made from coal production..

This is such a poorly thought out bill. It will only cause arbitrage with our jobs to other countries. Before all of you Liberal Nazis start spouting your hate, you should read the bill! If you did, you would realize it will cause companies to offshore jobs to other countries or increase the tax burden on the Middle Class. READ before you SPEAK. Thank you.

Already criticism this is a shame people you dont even know if this will even be passed,Didnt the majority voted for change and the very ones that voted for him dont even have a positive mind. People say they want change but when its time to trust that change will happen you get scared and back off. Change takes time and effort PEOPLE! This president is only doing what he promise during his campaign, And I for 1 im glad that he is PRAY for him pleas or else just SHUT_UP.

If I didn't know better, I'd say some members of the old Enron braintrust wrote this bill...Cap & Trade is a THEORY, not a practical application - unless you get government involve to create laws that will force the inefficiencies and allow for only a few to prosper.

For all opposed to this bill, I hope you are also sending emails to your representatives in the House and Senate.

If Carbon is so bad, make the emissions illegal. This is just a scam to fund the Universal Health Care bill. Except, if it passes and emissions are cut then revenues will go down; how will they fund Health Care then? By taxing your health benefits? What happens when all the companies offering health benefits put you on the government plan? The path to hell is laid with unintended consequences.

The government should not be in the "business" of profiting off what amounts to the selling of indulgences.

SAY NO to your elected officials. Another money making scheme at the tax payers expense.

What do you expect when the President has past involvement with one of the companies that will benefit most from cap and trade? Obama's no different than Bush/Cheney and all their oil and Halliburton buds. He sucks up to ACORN and special interests with the best of them. Absolutely disgusting!

This bill will do nothing to "save" the environment and will cause a massive increase in energy costs that affect low and moderate income people. It is so bad that Australia has now ditched their own cap and trade program. This is an awful bill.

No to cap & trade! No to an extra $1500 a year in my utility bill! NO to any representative that votes for it!

Campaign promise: "No tax increases for households earning $250,000 or less.

Reality: The first, in a long series of taxes that will jack up the cost of living.

Epilogue: Democrats and Independents may now file this promise with the transparency and "signing no bill until the public views it for five days" promises.

Thank the Democrat putz for giving you this government.

This IS NOT a jobs bill..the government DOES NOT create jobs..people create jobs by taking risks and investing their money and blood and sweat..the federal government diminishes this by raising taxes and creating beauracries to interfere with small buisness..the more government and the higher the taxes the less small buisnesses will hire..as the former owner of a small buisness I am sick and tired of government talking about job creation..they know nothing of the sort.stay out of our lives mr obama..stop talking about something you know nothing about

Bad, bad idea ...

Yes, this is a jobs bill - to export jobs to other nations who will not follow the cost prohibitive cap and trade practices of this bill and will therefore be able to build and sell goods at competitive prices. This bill will destroy not only the US manufacturing industry but also our labor market (no manufacturing, no labor) and, ultimately, our economy. This will change the United States into a Third World country.

I hope jobs are created and not lost due to companies who do not want the expense of being required to generate an increasing amount of power from renewable sources to go elsewhere.

I also hope that the companies that stay and try to conform to the standards required do not raise the prices of the goods and services that they produce onto us the consumer!

After all my $13 stimulus in my paycheck can only stretch so far! How about you all?

Fortunately the rethugs won't be there to vote NO since they aren't interested in anything to do with the environment.

We need for this bill to pass.

Energy reform IS needed. Yet this is not the solution... maybe for Gore's lockbox, but not for the american people.

My advice to Democrats in general;
Stop going on national Tv and anounce that you don't have the vote.
It makes you all look like defeatist. The last time I checked you are the majority and the GOP is the miserable minority.
Work with the president to move his agenda forward and ignore the party of No.

I've got an awesome energy idea: Get a wind turbine to generate electricity. Use that electricity to power a big fan in front of the wind generator. The breeze from the fan would turn the wind turbine, generating more electricity. No fossil fuels involved. Whaddaya think? I may have just saved the planet. Have a nice day!

WHAT?????

No foreign resolutions to put thru for the Republicans today?

No more mourning a pop star?

Give them a vacation. They are obviously not doing what they want any longer (unless the republicans just want to obstruct more).

Bet Warren Buffett is gonna regret buying all that BSNF now. With cap and trade, coal is gonna plummet and so will BSNF and the coal producers.

Pass the bill already. I have my fuel efficient car, and more importantly, I have lots holdings in natural gas and gold to offset the effect of higher utilities and a declining dollar. Sucks for the rest of you, but not for me!!!

You can still profit from cap and trade. Buy UNG, GLD, and short the electrical utilities, coal producers, and large domestic manufacturers. You will cash in on both sides of the trade.

STOP THE CAP AND TRADE BILL NOW.

This has to stop.

If this was two years ago, or five years in the future, it might be the right thing at the right time.

In a less sensitive financial time, this could be ok to do. But, when tackling massive deficits, housing crisis, business failures, record layoffs, government buyout of Auto companies, control of banks and other financial institutions – our financial liabilities are WAY TOO HIGH already.

And, the companies who are hit by cap and trade taxes will either pass the taxes on to me/us, or, go out of business entirely.

Or, is that Pelosi's plan? Since she and others in congress (and out) have invested in NEW ENERGY stocks, they stand to profit greatly at the expense of the lower class.

Come on Democrats do what we elected you to do. Clean Energy and Enviornment; Healthcare Reform; Education Reform; Economic balance to stop the middle class from bearing all the finacial hardship. This is your chance to live up to why we elected you.

This is the "Cap and Trade" =Cap and Tax bill that will be the largest tax hike on Americans. Everything we buy will have new taxes build into it. In addition, our electric bills will eventually double. It is another governmental tax scheme that is being past off as an energy bill. Many of those that vote for this beastly tax will be voted out of office

Disaster in the making.

What kills me the most is that the Dems really think they can control the climate. I mean they are so arrogant that they think they can outsmart Mother Nature.

This gawd awful peice of legislation will not save the planet, the climate or anything. It's nothing more so that Liberals can feel good about themselves with their new religion....Climate Change.....formerly known as Global Warming......see, they've even PC'd their own term.

Meanwhile, all we get is higher energy costs.

Godspeed 2010 so we can get these communists out of our govt.

This has nothing to do with saving the planet. This is a stupid plan. Of all the things we need to do passing a huge "TAX" burden on to the american people and industry at this time is idiotic. Not saying we don't need to make changes and cleaner energy is important but this plan demands we suffer for it. If this is what all for change people want along with healthcare and forever regulation and bailouts this is a quick way to increase more debt on the country and its citizens. The amount of funding burden being passed down is going to be a net increase to everyone who pays taxes and even those who never have.

This is a jobs bill for China...not the US.

You cannot increase the cost of doing business in the US and expect industry to stay.

I have listened to some of the Repulican arguements against this bill, and they come across as either shills for the oil companies or Chambers of Commerce lackies with selfish motives. I almost believe that when the time comes for us to hang, in the environmental sense, that it is politicians such as these that will have sold us the rope.