Cap and trade may not pass in Congress, but the global warming movement is pressing ahead with a strategy for a carbon constrained future.
Here’s the recent record.
California rejected Prop 23, which means that AB32, the Global Warming Act of 2006, remains in place. AB32 established regulations requiring that CO2 emissions in California be cut 25%, to 1990 levels by 2020.
On September 21, 2010, Sen. Bingaman (D-NM) introduced S.3813 that would create a national “Renewable Electricity Standard” (RES). S.3813 is on the Senate legislative calendar and could be voted on in the lame duck session.
President Obama, in his remarks after the election said, “Cap-and-trade was just one way of skinning the cat.” … “It was a means, not an end. I’m going to be looking for other means to address this problem.”
The Whitehouse issues executive orders requiring all government agencies to cut CO2 emissions.
The EPA forges ahead with regulations requiring the reduction of CO2 emissions.
Several regions of the country have established agreements for cutting CO2 emissions, some with regional cap and trade provisions.
There are, for example, The Regional Greenhouse Gas Initiative in the Northeast, The Western Climate Initiative, and the Midwest GHG Reduction Accord, with additional states participating as observers.
In New Mexico, the Environmental Improvement Board, approved aggressive cap-and-trade regulations for New Mexico.
The media relentlessly describes the need for a carbon constrained world. As you read various magazines and newspapers, be on the lookout for those three words – carbon constrained world.
These three words create the impression that carbon is bad and that the world accepts the need for restraints on the use of carbon, especially fossil fuels.
They are attempting to establish a fait accompli.
Yet, the two largest developing countries, India and China, continue to increase their CO2 emissions.
For example, Premier Manmohan Singh of India recently said, “[India’s] demand for fossil fuels is set to soar 40 percent over the next decade.”
China continues to build around two coal-fired power plants per week.
If the United States follows a course adhering to a carbon constrained world, it will result in higher costs, less use of energy, shortages of electricity and a weaker nation unable to compete with China or India.
Cap and trade may be dead in Congress, but cap and trade and carbon restraints are alive and well.
They will remain alive and well as long as the American people allow their elected representatives to promote the cutting of CO2 emissons.
Additional information is available at www.carbonfolly.com.
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