Global Warming -- RIP
Victor Davis Hanson, Investor's Business Daily
Not long ago, candidate Obama promised to cool the planet and lower the rising seas. Indeed, he campaigned on passing "cap-and-trade" legislation, a radical, costly effort to reduce America's traditional carbon energy use.The theory was that new taxes and greater regulations would make Americans pay more for fossil-fuel energy -- a good thing if it reduced our burning of coal, oil and gas. Obama was not shy in admitting that under his green plans, electricity prices would "necessarily skyrocket." His energy secretary, Steven Chu, at one point had even said,...
Not long ago, candidate Obama promised to cool the planet and lower the rising seas. Indeed, he campaigned on passing "cap-and-trade" legislation, a radical, costly effort to reduce America's traditional carbon energy use.The theory was that new taxes and greater regulations would make Americans pay more for fossil-fuel energy -- a good thing if it reduced our burning of coal, oil and gas. Obama was not shy in admitting that under his green plans, electricity prices would "necessarily skyrocket." His energy secretary, Steven Chu, at one point had even said,...
Source: http://www.realclearpolitics.com/articles/2011/10/27/global_warming_--_rip_111836.html