From Fox News.
...the Obama administration's release on Friday of an EPA proposed finding that carbon dioxide and five other greenhouse gases are a danger to public health and welfare.
The EPA also will say tailpipe emissions from motor vehicles contribute to climate change.
Here's the comedy. After praising the proposal, Sen. Barbara Boxer added,
...the best and most flexible way to deal with this serious problem is to enact a market-based cap and trade system, which will help us make the transition to clean energy and will bring us innovation and strong economic growth.
So we are going to have a market based government mandate.
What Sen. Boxer is really saying is, "let's destroy the source of 85% of American energy consumption capacity without a solution and a magic bullet will come along when prices skyrocket."
That's like saying let's hold someones head under water until they grow gills.
Here a little bit of info from the DOE that Ms. Boxer might want to grasp before taxing the shit out of everyone.
Fossil fuels – coal, oil and natural gas -- currently provide more than 85% of all the energy consumed in the United States, nearly two-thirds of our electricity, and virtually all of our transportation fuels. Moreover, it is likely that the nation’s reliance on fossil fuels to power an expanding economy will actually increase over at least the next two decades even with aggressive development and deployment of new renewable and nuclear technologies.
Because our economic health depends on the continued availability of reliable and affordable fossil fuels, the Department of Energy’s Office of Fossil Energy oversees two major fossil fuel efforts:
1) Emergency stockpiles of crude oil and heating oil
The Department is responsible for maintaining the readiness of the Strategic Petroleum Reserve and the Northeast Home Heating Oil Reserve. In the event of a major supply interruption, the President could order emergency stocks from either of these two reserves to be released into the market.
2) Research and Development of future fossil energy technologies
My 2 cents. You better have a workable alternative for that 85% of energy you are about to make too expensive for average Americans.