06 May 2009 Ban Ki-moon Rejects Waxman-Markey as Insufficient
The Waxman-Markey cap-and-trade global warming bill would “reduce aggregate GDP by $7.4 trillion, kill 844,00 jobs and raise the energy bill paid by a typical family by about $1,500 annually” (based on a study by the Heritage Foundation’s Center for Data Analysis).
Is UN Secretary-General Ban Ki-moon concerned about the impact this supposedly anti-global warming legislation* would have on working Americans?
No, he says working Americans aren’t being hurt enough.
* The bill, if adopted and if it worked perfectly — both very large assumptions — would have negligible impact upon the climate, if any.
Hat tip: Dr. Benny Peiser.