Russ Steele
This arrived from Dan Miller at the Heartland Institute in the morning e-mail:
This arrived from Dan Miller at the Heartland Institute in the morning e-mail:
More than a dozen of the world’s most knowledgeable experts on the economic impact of carbon dioxide restrictions will present new data at the fourth International Conference on Climate Change May 16-18 in Chicago.
One top number-cruncher, Ben Lieberman, senior policy analyst at The Heritage Foundation, says, “The risks of global warming need to be weighed against the risks of global warming policy. Given what we are learning about both, cap and trade legislation would likely do far more economic harm than environmental good.”
Adds James M. Taylor, director of the conference and senior fellow on environment policy for the sponsoring Heartland Institute, “The economics of restricting conventional power sources will play a major role in determining whether Congress imposes carbon dioxide restrictions on the economy. Even President Obama himself has conceded that carbon dioxide restrictions will cause electricity rates to skyrocket.”Among other economists presenting are:
• Gabriel Calzada, Ph.D., Juan Carlos University in Spain, who has refined his previous research showing that diversion of capital to create one green job resulted in the elimination of two regular jobs in the depressed Spanish economy.
• Robert Michaels, Ph.D., California State University, whose work on consumer electricity rates shows that renewable energy mandates are the wrong remedy for the wrong crisis.
• David Tuerck, Ph.D., Suffolk University, Boston, who contends federal regulations pose a major barrier to creation of green jobs.
I am looking forward to these presentations and relate them the current economic assessments of AB32 the Global Warming Solutions Act, especially the presentation by Gabriel Calzada. Spain was a leader in going green and implementing alternative energy schemes, and Spain's current un-employment rate is at 20%. Since the Governor and President Obama have often cite Spain as a example that California and nation should follow, I will be very interest in the insight we can gain from economists who have some real world data. I have very little faith in green job projections based on computer models.
