My newest column at American Issues Project is up, titled The High Cost of Cap and Trade. Here is a sample:

Like most legislation passed through our Democrat-controlled Congress, what they’re telling us they’re trying to accomplish has little to do with what the bill will actually do. Cap and trade is being passed in the name of stopping global warming, something that has turned out to be provably false. Shockingly enough, the Earth is actually cooling right now. Around the 1850s, our planet came off of a “Little Ice Age.” So what happened then? The Earth began to warm itself. And now, we’ve started to cool again. Throughout history, the planet has gone through a series of warming and cooling cycles, and manmade global warming has been found to be pretty much non-existent. Even NASA, normally led by global warming Kool-Aid drinker James Hansen, has been forced to admit what most of us could figure out using just our common sense. A recently released NASA study showed that, surprisingly enough, solar activity is responsible for heating or cooling the Earth. Basically, solar cycles influence the temperature on Earth. Solar variations over the past century have had a huge impact on temperature here, and this trend can be traced back to the Industrial Revolution.

Even if manmade global warming was real, this bill would still not stop the so-called “warming trend.” The biggest energy consumers and emitters of CO2 are countries like China and India, who will do absolutely nothing to lower their energy consumption or CO2 emissions. So we will basically be destroying our economy in the name of global warming for nothing. If global warming is real, it is a global problem, one that will require a global solution. It won’t matter if the United States takes action if massive energy-using countries like India or China don’t, because countries like China and India will keep on ruining the environment and causing more man-made global warming. We’ll be causing massive economic pains with literally no environmental gains. So either way you look at it, this bill is a monumental loser.

This, however, is not stopping cap and trade defenders from trying to force this through. If this bill passes through the Senate, we will have the largest tax increase in American history. In the middle of a harsh recession, the results will be swift: our recession will quickly become a depression. This will effect Americans in numerous ways, and devastate the economy in numerous ways as well.

Be sure to read the whole thing.