WAXMAN-MARKEY: A LETTER TO THE ECONOMIST (May 26, 2009)
Your article about the first climate-change bill ever introduced in American Congress is scary enough (“Cap and Trade, With Handouts and Loopholes,” May 23, 2009). Under Waxman-Markey, as the Clean Energy and Security Act will be remembered, the myriad handouts and loopholes make the bulk of the legislation. But even more worrisome is your chart, which you fail to mention in your article, showing the percent of Americans who believe that climate change is caused by human activities versus long-term planetary trends. Aptly entitled “Not Entirely Their Fault,” the chart shows the former opinion overtaken by the latter at the beginning of this year. The trend is scary, indeed. Soon enough, Waxman-Markey will be praised as the last climate change bill ever introduced in Congress. After all, who can beat the long-term planetary trends?