Wow... the high costs of "cap and trade"

Robert Zubrin, best known for coming up with the Mars Direct mission architecture has a column in Roll Call that slices and dices and lays bare the ugly truth about the Waxman-Markey "cap and trade" bill. As Zubrin states in his opening paragraph:

"While proponents of the bill have sought to argue that the costs of such a system would be negligible, nothing could be further from the truth. In fact, the bill proposes a massive and highly regressive tax on the U.S. economy, and could potentially cause not only extensive business failures, unemployment and privation within our borders, but starvation among poorer populations elsewhere."