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Kerry smacks down shills from AEI and oil-funded think tanks. (updated) [View All]

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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-10-09 09:18 PM
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Kerry smacks down shills from AEI and oil-funded think tanks. (updated)
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Edited on Tue Nov-10-09 09:47 PM by ProSense
Baucus Committed to 'Balanced' Climate Legislation; Kerry Takes Think Tanks to Task

Once opening statements were over, the hearing quickly morphed into a debate between Sen. John Kerry (D-Mass.) and two witnesses over the accuracy of conservative think tanks' studies on the bills economic effects.

Margo Thorning, chief economist with ACCF, a think tank that has received more than $1.6 million in funding from ExxonMobil since 1998, pointed to a survey her organization produced with the National Association of Manufacturers that says the U.S. would lose up to 2.4 million jobs by 2030 and that household income would be about $1,200 less than it otherwise would be.

She said the study relied on macroeconomic models, which are able to capture the dynamic impact of changes in energy prices, as opposed to input-output models, which are not able to capture the impact of higher energy prices on the U.S. economy.

Kerry jumped on the claim.

The question of assumptions is really fundamental to this, he said.

Numerous studies have been done by academic and progressive think tanks as well as environmental groups that have found a net reduction in household costs and growth in jobs, Kerry said.

A University of Massachusetts Amherst study, for example, concluded that the clean energy boost provide House-passed American Clean Energy and Security (ACES) bill, in conjunction with the stimulus package, would provide a net increase of about 1.7 million jobs. A cost analysis by the EPA projected an increase in annual costs of about $80 to $111 per household, but that didn't factor in the economic benefits of reducing greenhouse gas emissions. A University of California, Berkeley assessment concluded that the number of jobs, GDP and household income would rise with the legislation because energy efficiency would reduce costs.

"You don't take into account the cost of inaction," Kerry added.

As Thorning began to mention the unwillingness of India and China to take action on climate change, Kerry interrupted her, saying,

Thats not accurate. Thats not accurate. You need to be accurate.

The changes that have been taking place are taking place in the rest of the world; not in the U.S., Kerry said. China, India and others are going to clean our clock if we don't act.

AEIs Kenneth Green drew Kerrys ire when he contended that economists, EarthFirst and people like me at AEI say cap-and-trade doesn't work cap and trade hasn't worked in Europe and it will not work here.

Kerry countered:

Europes trading system didnt fail; its working

They began a two year initial phase in which they acknowledge they made some mistakes, Kerry said. They've reduced emissions. They're growing their economies. Germany today has created more jobs in the (renewable energy sector) than in their vaunted automobile industry.

Green, however, sees structural problems with Europe's cap-and-trade program. "We will see many of the same problems here" only on a much larger scale, he said.

Kerry, an author of the Senate's Clean Energy Jobs and American Power Act, told Green he was seeing something that thousands of others dont.

Those others, said Kerry, presumable referring to the Intergovernmental Panel on Climate Change, won a Nobel Prize; we didnt.

If all these people are over here and youre over there, the (burden) is pretty heavy (on you) to tell me we need to exercise the precautionary principle, said Kerry. After asking whether AEIs studies have been peer-reviewed, Kerry added, You realize there are two or three thousand peer-reviewed studies that contradict your findings.


Updated to add: C-Span video (starts about 51:00)

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  -Kerry smacks down shills from AEI and oil-funded think tanks. (updated) ProSense  Nov-10-09 09:18 PM   #0 
  - Good ol' Kerry  BeFree   Nov-10-09 09:29 PM   #1 
  - Kerry kills them with facts.  ProSense   Nov-10-09 10:11 PM   #2 
  - He should have nothing to fear now that he is not running for Pres.  jasi2006   Nov-12-09 03:35 PM   #43 
     - Not sure what KHA is, but Kerry gave a great speech at AIPAC this year  karynnj   Nov-12-09 04:24 PM   #47 
  - He's just so well informed. He rarely gets surprised.  ohtransplant   Nov-10-09 11:03 PM   #3 
  - I agree with you - great that he is getting the good press, but it doesn't make up for their  karynnj   Nov-11-09 10:21 AM   #5 
  - yep. and the idiot whore media called him stiff and pedantic. nt  RepublicanElephant   Nov-12-09 12:54 AM   #27 
     - To me, that is strange because as soon as I started watching the SFRC  karynnj   Nov-12-09 09:43 AM   #32 
  - I absolutely agree with you. I'm glad people are...  YvonneCa   Nov-11-09 03:07 PM   #13 
  - I agree with you - media HAS to pretend he only just started speaking out because they were part of  blm   Nov-12-09 09:52 AM   #33 
  - Kerry really does counter the two negative witness very well  karynnj   Nov-11-09 10:13 AM   #4 
  - This is the fight. n/t  Hutzpa   Nov-11-09 10:56 AM   #6 
  - Here is a wonderful summary and youtube of that smack down  karynnj   Nov-11-09 11:07 AM   #7 
  - Sad that this gets less attention than any Grayson comment  karynnj   Nov-11-09 12:11 PM   #8 
  - Must-see video of Sen. Kerry grilling AEIs Kenneth Green:  ProSense   Nov-11-09 01:34 PM   #9 
  - Nice. President Obama is fortunate to have Senator Kerry as a good friend, ally, and advisor. nt  ClarkUSA   Nov-11-09 01:43 PM   #10 
  - Hahahaha  ellie   Nov-11-09 02:41 PM   #11 
  - Green and another AEI fellow may have tried to buy scientists to write against the IPCC (UN) results  karynnj   Nov-11-09 02:58 PM   #12 
  - 450 Peer-Reviewed Papers Supporting Skepticism of "Man-Made" Global Warming  Poptech   Nov-11-09 06:49 PM   #14 
  - Your link isn't working, but  ProSense   Nov-11-09 07:12 PM   #15 
  - 450 Peer-Reviewed Papers Supporting Skepticism of "Man-Made" Global Warming  Poptech   Nov-11-09 08:22 PM   #18 
  - Bogus  ProSense   Nov-11-09 08:33 PM   #19 
  - They are peer-reviewed papers  Poptech   Nov-12-09 12:41 AM   #24 
     - This one, the first one I looked at, is not ....  GOTV   Nov-12-09 11:44 AM   #34 
        - It's a wingnut site  ProSense   Nov-12-09 01:09 PM   #37 
        - It really is - that is awful  karynnj   Nov-12-09 02:01 PM   #39 
        - There is no catastrophy  Poptech   Nov-13-09 01:39 AM   #50 
        - No it is not, read carefully  Poptech   Nov-13-09 01:33 AM   #49 
        - Commentary is not included in the paper count  Poptech   Nov-13-09 01:30 AM   #48 
  - A cursory examination of the beginning of this list  karynnj   Nov-11-09 09:44 PM   #23 
  - Carbon Dioxide (CO2) is Not Pollution  Poptech   Nov-12-09 12:50 AM   #25 
     - Senator Kerry is not lying  karynnj   Nov-12-09 09:00 AM   #28 
     - Carbon Dioxide has not remote chance of reaching toxic levels in the atmosphere  Poptech   Nov-13-09 01:55 AM   #53 
     - Water is also not a pollutant. That doesn't mean floods are not dangerous.  GOTV   Nov-12-09 11:48 AM   #35 
  - can say that about peer-reviewed Intelligent Design. Creationists make great peers, eh?  blm   Nov-12-09 09:40 AM   #31 
  - Intelligent Design/Creationists are clueless  Poptech   Nov-13-09 01:41 AM   #51 
  - Why is nearly 25% of that list from one publication ....  GOTV   Nov-12-09 12:46 PM   #36 
  - It sounds like Senator Inhofe's favorite site -  karynnj   Nov-12-09 04:19 PM   #46 
  - An academic peer-reviewed journal? 135 Journals cited  Poptech   Nov-13-09 01:47 AM   #52 
  - Wingnut  mitchum   Nov-12-09 01:31 PM   #38 
     - Its post count isn't growing, which is bizarre. n/t  ProSense   Nov-12-09 02:07 PM   #40 
        - There's a bug on DU right now ...  GOTV   Nov-12-09 02:11 PM   #42 
  - What a nice video - makes you want LOTS more CO2 - lol  karynnj   Nov-11-09 09:18 PM   #22 
  - Your link is not working - I guess it is still looking for the 450 studies  karynnj   Nov-11-09 09:15 PM   #21 
     - 450 Peer-Reviewed Papers Supporting Skepticism of "Man-Made" Global Warming  Poptech   Nov-12-09 12:52 AM   #26 
  - Thanks,  Cha   Nov-11-09 07:16 PM   #16 
  - I saw that exchange live. It was a smack-down of beauty.  ShortnFiery   Nov-11-09 07:22 PM   #17 
  - Kerry is a smart dude. He's been at it a long time, he knows the  annabanana   Nov-11-09 08:47 PM   #20 
  - Why argue with this?  ieoeja   Nov-12-09 09:10 AM   #29 
  - Good point on the household income figure  karynnj   Nov-12-09 09:25 AM   #30 
  - I sure do dig the new John Kerry.  Phx_Dem   Nov-12-09 02:09 PM   #41 
  - Corpmedia wouldn't give him fair coverage for his heroic doggedness as senator -  blm   Nov-12-09 03:42 PM   #44 
  - Kick  politicasista   Nov-12-09 04:15 PM   #45 

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