As you may have noticed lately the Congress and Federal government in general have been having a quiet period with not much happening to take up their attention. To address that dearth of pertinent events in need of their beneficence Ed Markey, chairman of the House energy and environment subcommittee has taken the lead.
From the FT:
Mr Markey said the debate in Congress was no longer focused on whether to pass climate change legislation but on how much to spend on it. His committee’s goal is to complete legislation by Memorial Day so it can go to the House floor.
“We know the G8 and the rest of the world is waiting for the United States to stop being the laggard and be the leader,” Mr Markey told CERA, a week-long energy conference that began on Monday. “There are potentially catastrophic consequences for the planet if we do not act.’’
Mr Markley said that neither the government or the private sector has invested enough in combating greenhouse gas emissions.
“The tools to solve these problems, in many instances, have not been invented yet,’’ Mr Markey said.
He urged Congress to set market-driven policies to give energy companies certainty and opportunities to participate in the “revolution” about to take place around climate change. He likened it to the developments that took place in telecommunications sector.
Where to begin? First, the US has been a leader. The rest of the world is fast adopting our positions vice AGW. Second, the entire AGW scheme is collapsing. Third, don't they have something better to do?
I'm getting tired of all this extraConstitutional meddling.