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The report ended with the standard bogeyman conclusion: "Those in the weakest
economic or political position are frequently the most susceptible to climate change ...
The poor, young children, the elderly and the ill ... who will face faltering water supplies,
damage to crops, new diseases and encroaching oceans."

The report predicted a possible temperature increase of 3.6 degrees F. could place “up
to 30 percent of the species of earth at risk of extinction."

Global warming issues had been languishing somewhat since President George W.
Bush's refusal to sign the Kyoto Protocol in February 2007 for presentation to the U.S.
Senate for ratification.

NO U.S. MONEY, NO KYOTO PROTOCOL
With the big money giver (the U.S. taxpayer) out of the picture, the Kyoto Protocol, for all
intents and purposes, died on the vine.

The principal objective of the Kyoto Protocol was to reduce greenhouse gas emissions 5
percent below the 1990 levels by the year 2012. Countries unable to meet the objectives
of Kyoto would be obligated to purchase carbon credits to comply.

The carbon portion of U.S. greenhouse gas emissions in 1990 was 1,346 million metric
tons, according to analysis by the new Energy Information Administration (EIA). U.S.
carbon emissions are projected to rise by 26 percent above the 1990 levels by 2012.
That 26 percent plus 5 percent would mean the United States would have to purchase
carbon credits equal to 31 percent of the total U.S. carbon emissions, or 417.3 million
metric tons.

Using an average of EIA figures, or $100 per ton, that comes out to nearly $41.73 trillion
to meet Kyoto requirements.

LIEBERMAN, McCAIN, WARNER...THE GREATEST HOAX?
Kyoto may be history, but new uncertainties loom large on the horizon. Congress is
involving itself in what ranking Republican member and former chairman of the
U.S. Senate Environment and Public Works Committee James Inhofe of
Oklahoma, calls "the greatest hoax of the century," referring to global warming.

U.S. Sen. Joseph Lieberman, I-Conn.,
has stepped into the lead and has
joined forces with two other
prominent Senators, John Warner,
R-Va., and John McCain, R-Ariz.

Senators Lieberman and Warner
have introduced America's Climate
Security Act. The legislation would
cut emissions of greenhouse gases
in the United States by 60 percent
from the 1990 levels by the year
2050. Carbon credits in a cap and
trade system would be introduced to
all industries that emit greenhouse
gases.

Emissions of greenhouse gases in the United States have already increased
more than 18 percent since 1990. Adding the bill’s unrealistic figure of 60
percent reduction from 1990 to the 18 percent increase since 1990 would
create a total reduction in emissions, using present figures, to 78 percent with
no growth provided for the years up to 2050. The mentality that would propose
such a Draconian measure is beyond belief. With no economic growth the
entire U.S. economy would be devastated.

The McCain-Lieberman bill doesn't appear as scary as the Lieberman-Warner measure.
McCain-Lieberman would cap carbon emissions at 15 percent below 2005 levels by
2020. The 15 percent reduction would carry the comparative emissions figure back to
1990 levels or a little less.

STAGGERING COSTS...DARK AGES?
The EIA is analyzing the various legislative acts with respect to carbon mandates. One
bill of particular interest was Senate Bill 280 introduced by Joseph Lieberman in July
2007. The costs for the fully implemented program, including carbon credits in a cap and
trade system, were so exhorbitant that EIA commented “the act would have devastating
economic consequences if enacted … The overall costs of the bill would be staggering.”

    Dr. Anne Smith of Charles River Associates
    International said the Lieberman bill would cause
    losses of 4 to 7 trillion dollars between 2010 and
    2050.

    Analyses show energy costs for consumers and
    employers will be even more expensive if Congress
    adopts carbon mandates but fails to enact policies to
    increase domestic energy supplies such as new nuclear
    plants and clean coal technology. EIA's analysis
    assumes the need for 150 new nuclear plants in the next
    30 years.

    Senator Inhofe fears that imposing limits on carbon
    emissions without new sources of energy will result in a
    crushing financial blow to all Americans. The Senator is
    quoted as saying, “Yet, in hearing after hearing, it has
    become clear that the environmental community plans to
    erect barriers to new nuclear power plants — which
    would be essential in an emissions-constrained world. It
    is the classic bait and switch. But this study proves how
    costly it will be to fall into this trap."

The introduction of the climate change issue into Congress is a dangerous
course to pursue at this point. Time spent on the gossamer issue of global
warming takes away the vital attention that Congress should be devoting to the
critical issues such as energy independence and illegal immigration.

Gossamer in the hands of the vacuous mentality of the 110th U.S. Congress could give a
new meaning to the term “the dark ages.”
This GUEST eCOLUMN is
used by MyBestYears.com
with special permission from

E. Ralph Hostetter
, a
crusading newspaper
editor, owner and publisher
for a half-century, and a
champion of individual
liberty.

In his columns Hostetter
consistently warns of the
harmful erosion of our
constitutional rights.

Born and educated in
Maryland, he enlisted in
the U.S. Navy in 1941 and
was assigned in 1943 to
the Naval Reserve Officers
Training Corps at Harvard
University, where he
earned a bachelor of
science degree in 1945.
He was released from
World War II service in
1946 with the rank of
Ensign. Recalled into the
U.S. Navy in 1950 during
the Korean War, he served
as a Naval Intelligence
Officer until released in
1952 with the rank of
Lieutenant, Senior Grade.

Hostetter is chairman and
publisher of American
Farm Publications Inc.,
Easton, Md., and former
president and owner of
TriState Publishing
Company, Elkton, Md., a
chain of 13 community
newspapers.
He was elected to the
Maryland-Delaware-D.C. Press
Association Newspaper Hall of
Fame in 1990. The New Jersey
Agricultural Society awarded
Hostetter its highest award, the
Gold Medallion, in 2003.

Hostetter is also Vice
President of the Strasburg
Rail Road Co. (PA),
Chairman of Ambassador
Travel Service (DE),  
Chairman, Southside
Virginia Auto Auction, (VA)
and owner of Camelot East
Farms, Prince Edward
Island, Canada.

Active in civic affairs,
Hostetter is presently a
member of the Board of
Directors of Free
Congress Foundation,
Washington, DC.

In nearly 50 years of travel,
Hostetter has made three
round-the-world trips,
visiting 113 countries,
including traveling to
Antartica, going through
the Northwest Passage on
a Russian ice breaker, and
to the North Pole on an
atomic-powered Russian
ice breaker.

He married the former
Edith White of North East,
Md., in 1947 and they have
five daughters, one son
and
13 grandchildren.
E. RALPH HOSTETTER
...Congress Battles Gossamer Issue

Al Gore's winning of a Nobel Peace Prize, shared with
the United Nations Intergovernmental Panel on Climate
Change (IPCC) for its leadership in global-warming
issues, has given new impetus to the debate.

The fourth and final assessment of the IPCC's landmark
report was issued in Madrid, Spain, on Nov. 17, warning
of "catastrophic consequences" if governments did not
control emissions of greenhouse gases. The draft
states that global warming is "unequivocal," leading to
"abrupt or irreversible climate changes and impacts."
Comments? Feedback?

Email MyBestYears GUEST eCOLUMN
Click here for
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Hostetter's powerful
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Ralph Hostetter welcomes comments by email.
Send to
eralphhostetter@yahoo.com
Senators McCain (R-AZ), Warner (R-VA) and
Lieberman (D-CT)...champions (?) of the
"Draconian" Climate Security Act (Reuters)
Senator Jim Inhofe (R-OK)...
"This study proves how
costly it will be to fall into
this trap."