In an article in today's Wall Street Journal, Senate to Put Off Climate Bill Until Spring, we learn:
"Momentum for a climate bill has been undermined by fears that capping
carbon-dioxide emissions -- the inevitable product of burning oil and coal
-- would slow economic growth, raise energy costs and compel changes in the
way Americans live."
This is encouraging, despite the fact that the Senate postponed consideration of this climate bill due to political expediency (if Democrats don't get re-elected, they won't be around to support the bill). It's good to hear that capping carbon emissions will have such good social effects as well as reducing greenhouse gases.
It's a win-win situation! Less economic growth will reduce greenhouse gases. Higher energy costs will encourage transportation alternatives. Americans (some of them at least) will finally wake up to the effects of their profligate lifestyles.
Everything really is hitched to everything else.