Global Warming?

Living in the upper Midwest I would gladly appreciate a little "Global Warming" at this time of the year. As a scientist I don't believe that there is any scientific evidence that the world is heating up. I do, however, think that the political frenzy surrounding the topic may have a dramatic impact on our lives. My goal is not to get involved in a political debate over Global Warming, but rather to point out the impacts of potential laws and regulation might have. For example, on December 18, 2007, President Bush signed the Energy Independence and Security Act of 2007. Although it is touted as a win for the country in terms of reducing energy costs, it will undoubtedly raise the cost of energy and ultimately lower our standard of living. OK, rant over!

The question I have is who is going to profit from all of this? Follow the money! Leading companies in renewable energy sources will certainly benefit from legislation of this type. I am not doubting the fact that some of these initiative will save us money in the form of using less (gas, electricity, etc), but how much is it going to cost us?

Much of what is in my head at the moment are just ideas, thoughts, I need to take some time and understand a bit more on the "Big Picture"