http://www.crosswalk.com/news/11576907/

Opponents of the climate security act says the bill, if passed, would be detrimental to the economy. Critics says that middle and lower class American will be the hardest hit because the bill would cut jobs in half. President Bush estimates that it will cost the American economy six trillions dollars and impede on its growth.

Myron Ebell, director of energy and global warming policy for the Competitive Enterprise Institute, said the bill would dramatically increase energy prices and slow economic growth. The poorest Americans would be hardest hit by the increased price of energy, Ebell said, making the bill an "economic train wreck."

"It will do very little to address the alleged problem of future global warming," Ebell told Cybercast News Service. "It has very few benefits and very high costs."

Opponents advocate the use of technology to halt climate change. However, proponents of the bill continues to argue that the technology to slow the impacts of climate change are not available and the consequences of climate change will be far more expensive than the estimate cost of the bill. What do you think?

CNSNews.com: June 5, 2008

Submitted by M. Lamarre