
Advocates of the Kerry cap and trade bill say it is necessary to stop sea levels from rising and flooding low-lying coastal areas such as New York City. The graphics used in Al Gore's "An Inconvenient Truth" movie predicted a 20 foot increase in sea levels. Gore received the 2007 Nobel Peace Prize along with the UN's Intergovernmental Panel on Climate Change (IPCC). The IPCC has significantly revised its data and they now say a six inch increase is possible over the next century. Even that claim is seriously disputed.
Sen. John Kerry’s (D-MA) cap and trade system is going down to defeat in a major victory for conservative Republicans. The legislation was supposed to be on the Senate floor this afternoon, but now a vote on cap and trade is highly doubtful. Continue reading