Wednesday, June 4, 2008

A Disaster, Getting Worse :: Power Line

We wrote here about the economic disaster that goes by the name Lieberman-Warner, the carbon cap-and-trade system now being considered by the Senate. We posted a diagram created by the Chamber of Commerce that exposed the ludicrous complexity and intrusiveness of the proposal.

The bill, as amended by Barbara Boxer, has now gotten even worse. Boxer's amendment adds more than 300 regulations and mandates. The Chamber has accordingly prepared another version of their chart that reflects Boxer's changes. It is a remarkable document; click to enlarge:

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