President Obama’s so-called Economic Recovery Advisory Board held its first quarterly meeting today — it was a spectacle of the sort of self-dealing and corruption that we may rightly expect to become routine if cap-and-trade legislation passes.

After the meeting, CNBC’s Becky Quick interviewed ERAB board member John Doerr, head of the venture capital firm of Kleiner Perkins — that’s right, the very same Kleiner Perkins that has invested more than $1 billion in 40 cap-and-trade-dependent business ventures and that has Al Gore as a partner.

Doerr said that ERAB talked about the need for:

• Green technologies;
• Cap-and-trade; and
• Rewarding electric utilities for selling less electricity.

Doerr also told Quick that an EPA analysis showed that cap-and-trade would cost Americans less than $100 per year. (LOL!)