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Senate Bill 2191, the "Climate Security Act", sponsored by [[Joe Lieberman]] (I-CT) and [[John Warner]] (R-VA), is "going to cost trillions and do nothing measurable about [[climate change]] in the foreseeable future."<ref name=pmtrill> [http://www.cato.org/pressroom.php?display=ncomments&id=34 Cato Scholar Comments on Warner-Lieberman Climate Security Act] - May 30, 2008 - [[Patrick J. Michaels]], senior fellow in environmental studies</ref>
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The "Climate Security Act" (Senate Bill 2191), sponsored by Barbara Boxer (D-CA)<ref>http://thomas.loc.gov/cgi-bin/bdquery/z?d110:s.03036:</ref> and styled after a previous bill sponsored by [[Joe Lieberman]] (I-CT) and [[John Warner]] (R-VA), is a proposed law that would implement a [[cap-and-trade]] system for [[greenhouse gas]]es in the [[manufacturing]], [[transportation]], and [[power]] sectors, with the intention of curbing anthropogenic [[global warming]].  Under the proposed system, companies would be able to expel certain amounts of greenhouse gases up to a quota, after which they could purchase credits to increase their quota from other companies.  The intention of the bill is thus to employ market forces to make becoming more [[environment]]ally conscious of greenhouse gases into a profitable endeavor, since the companies that expel fewer will be at a strategic advantage in the marketplace.
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Critics of the bill believe it would increase government bureaucracy needlessly, since it contains provisions for four additional government entities to administer the bill's intent, and that the law would not effectively address the issue of climate change.  Patrick Michaels of the [[Cato Institute]] has said that the bill is "going to cost trillions and do nothing measurable about [[climate change]] in the foreseeable future."<ref name=pmtrill> [http://www.cato.org/pressroom.php?display=ncomments&id=34 Cato Scholar Comments on Warner-Lieberman Climate Security Act] - May 30, 2008 - [[Patrick J. Michaels]], senior fellow in environmental studies</ref>
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[[Patrick Michaels]] wrote:
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* So, what do you get for your trillions? Climatically, nothing. Assume that all the nations of the world fulfill their obligations under the Kyoto Protocol (they won't!), which reduces global emissions about 5% below 1990 levels. That results in a "savings" of global warming of 0.07 degrees Celsius by 2050—an amount too small to measure, as global temperatures vary on their own about twice that much from year-to-year.
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*Now add in Lieberman-Warner. Say the U.S. actually does what the law says, though no one knows how to. The result is an additional 0.013 degrees (C) of "prevented" warming.<ref name=pmtrill/>
      
==Notes==
 
==Notes==
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