Evidently the right wing anti-environment groups are upset with Liberman for moving the environement agenda forward with the "early reduction" program.
This is from the TCS website: All such schemes are Trojan horses for Kyoto-type policies. Credits awarded for "early" reductions are assets that mature and attain full market value only under a mandatory emissions reduction target or "cap." Consequently, every credit holder acquires an incentive to lobby for emission caps.
Unsurprisingly, credit for early reductions originated as a brainchild of the Green Left. Senator Joseph Lieberman (D-Conn.), Environmental Defense, and the Pew Center on Global Climate Change championed early credit legislation during the 105th and 106th Congresses.
On Valentine's Day 2002, the Bush Administration naively resuscitated Lieberman's ploy. President Bush directed the Department of Energy (DOE) to "enhance" the "measurement accuracy, reliability, and verifiability" of the Voluntary Reporting of Greenhouse Gases Program (VRGGP), established under Section 1605(b) of the 1992 Energy Policy Act.
More from their website:
Case Against Credits
Several free market organizations -- the Competitive Enterprise Institute, American Conservative Union, Americans for Tax Reform, American Legislative Exchange Council, Citizens Against Government Waste, Citizens for a Sound Economy, Consumer Alert, Frontiers of Freedom, National Taxpayers Union, Small Business Survival Committee, and 60-Plus Association -- have repeatedly warned the Administration about the political and economic perils of early credit programs. Not once has any Bush official attempted to rebut their arguments.
Several free market organizations -- the Competitive Enterprise Institute, American Conservative Union, Americans for Tax Reform, American Legislative Exchange Council, Citizens Against Government Waste, Citizens for a Sound Economy, Consumer Alert, Frontiers of Freedom, National Taxpayers Union, Small Business Survival Committee, and 60-Plus Association -- have repeatedly warned the Administration about the political and economic perils of early credit programs. Not once has any Bush official attempted to rebut their arguments.
However, EEI and its member companies spend millions of dollars on campaign contributions, and in politics, money talks. Unless conservatives on Capitol Hill quickly weigh in, Lieberman, Pew, and Environmental Defense may achieve under Bush-Cheney what they could not under Clinton-Gore.
So is there more to this guy than we are seeing on the news?
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