In the Tank for Kyoto, Inc.

The National Review reports:

OK, folks, the push is now on to buck up the Kyoto talks and incoming Energy & Commerce chairman Henry Waxman as he prepares what will surely prove to be the 2009 equivalent of the 1993 BTU-tax overreach.



First up is the State of California, with a missive today from its “Flex Your Power” platform, insisting that “European Union Carbon Caps Not Causing Business Exodus.”



So, you don’t really see that growth in stainless steel production being exported from Spain to Kentucky (Acerinox; here called North American Stainless), and former CEO Victoriano Muñoz was just joshing when he attributed this move to the Emissions Trading Scheme. Also not really happening are the tens of thousands of construction jobs — and ongoing discussions about several thousand permanent steel-making jobs — shifting to Alabama (Thyssen-Krupp) courtesy of Germany. Pay no attention to the ceramic facilities in Spain shutting down because it was more profitable to go into the business of making nothing — and just selling their CO2 ration coupons. Nothing to see here; move along. Those EU politicians and executives pleading for a carbon-cap cessation — or, at a minimum, that Europe stop digging? You don’t hear that, either. And so on. Once again, we’re told “remain calm, all is well!”

Can you say higher unemployment?