The House of Representatives is scheduled to vote on cap-and-trade this week.
The bill seeks to lower US per capita cabon emissions to levels below those of the US colonial period.
As I blogged four months ago:
The goal is an 83% reduction in carbon emissions by 2050 compared to 2005 levels.
That would bring US per capita emissions of CO2 down to a level below what we had in the 1700s. As Steven Hayward wrote in the WSJ last April about an 80% reduction then on the table:
Begin with the current inventory of carbon dioxide emissions
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