Friday, September 3, 2010

Save the Planet? Kill Cap-and-Trade

November 3, 2009 by Gia Zavala  
Filed under World News


From the Washington Examiner If members of Congress need yet another reason to kill the Waxman-Markey bill, the Obama administration’s economy-suffocating, job-destroying energy program, Princeton University’s Tim Searchinger and his colleagues have a humdinger: Carbon reduction laws encourage widespread deforestation as trees and other vegetation are harvested to produce energy from biomass to replace oil and gas. The problem is that in long run, this process actually increases greenhouse gas emissions, which cap-and-trade is meant to reduce, according to Searchinger. The Princeton researcher’s paper, published Oct. 23 in Science, points out that almost all prior global warming studies failed to take into account the carbon emissions that result from converting cropland and forests to energy production. This accounting error treats all bio-energy as carbon-neutral, the authors say, despite the fact that burning wood and clearing land actually releases quite a large quantity of carbon into the atmosphere. “By …

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