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C-BED and Global Warming Bill

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As noted at the bottom of this Loon Commons post, the Senate Energy Committee has moved a bill, S.F. 145 out of committee that deals with global warming.

It is mostly about C-BED, a great set of rules that we have barely touched upon here. However, Article 2 deals with greenhouse gases and sets up a goal to reduce greenhouse gas reductions in MN by 80% by 2050. Nothing binding mind you, but it would be nice to reduce those pesky emissions.

Also, we need a plan.

By February 1, 2008, the commissioner of commerce, in consultation with the commissioners of the Pollution Control Agency, the Housing Finance Agency, and the Departments of Natural Resources, Agriculture, Employment and Economic Development, and Transportation, and the chair of the Metropolitan Council, shall submit to the legislature a climate change action plan that meets the requirements of this section.

The plan must consider a cap and trade approach.

I cannot hide my disappointment over this bill. We have a Republican Governor who proposed requiring offsets for new large sources of greenhouse gases. We have a DFL in charge of the legislature. We don't have a bill that will actually force us to stop digging a deeper hole.

What he have is a bill to start studying how to stop digging. The utilities claim that Big Stone II will be a viable source of electricity even under a nationwide cap-and-trade system. Simultaneously, they claim that putting any price on their greenhouse gas emissions will prevent it from being built. I wonder if I am the only one who doesn't get that.

Fortunately for them, both parties in the Legislature appear to have understood their logic because the Senate stripped out offset language from the climate change bills. Odd that they claim people listening to all the worlds' scientists about global warming are alarmists while they decry that Minnesota will be without any electricity if they do not build a coal plant in South Dakota in 6 years.