Very nice analysis. I would have been better if it had been more secifically mentioned who will benefit from this boondoggle. Companies like GE, Goldman Sachs, and others in tight with the Obama White House stand to make billions from Cap and Trade. This, as much as anything, is what has soured me on the AGW movement. It has been hijacked by Al Gore and big businesses who want to rob the people of the world in a giant ponzi scheme. It is a frigtening prospect.