Ahem – Mr. Hodes, that Cap N Trade you want to foist on the US?

Mr. Hodes is NH’s CongressCritter for our Congressional District 2 (I’m stuck with Pelosi cheerleader, Carol Shea-Porter in CD-1) that wants to become the Jr. Senator from NH.

As long as you both are insistent that Cap N Trade is flat out going to work here in the US, how about looking to see if it actually works (you know, actually reduces emissions)?  From NRO

Today’s Cap and Trade News   [Iain Murray]

The Head of the European Carbon Exchange admits what we’ve known for some time, that Europe’s cap-and-trade scheme has not reduced greenhouse-gas emissions since it began in January 2005:

The Commodities and Futures Trading Commission even believes that within five years, carbon could surpass crude oil as the world’s most traded commodity. Mr Birley is the first to admit that the European system "hasn’t actually reduced emissions" so far.

This complete failure to meet its supposed objective comes at a high cost. The Taxpayers Alliance in the U.K. estimates that cap-and-trade cost European consumers around $140 billion last year, and possibly much more. That’s a high price to pay for not actually reducing emissions. Just wait till it starts actually working, then we’ll see real money being spent!

Billions of taxes (when not gaming the system of "credits and allowances") paid – for nothing?  Lots of posturing ("oh, its for the poor!"; "Oh, it’s for the earth!"; "Oh, it’s for the children!"; Oh, my head hurts).  NOTHING changed – the system, with much ballywho, FAIL. 

Oh yeah, I remember: being a Lefty means that only intentions matter – not results. ‘scuse me.

Oh, while I’m at it – what’s your reactions that the base information for all this nonsense is….gone?  That using the scientific method is all but impossible as the Brits threw away pretty much all the basic  data so that NO ONE can replicate their results?  Add to it, that the baseline computer programs (and that what I do for a living) that did the "so-called modeling" are nothing but crap?

Are you STILL going to raise taxes on NH residents (and remember, the CBO only scored the actual taxes – do you three (let’s throw in my current Jr. Senator, Shaheen) know what a "supply chain" means in this scenario???