FROM-OC Register
Editorial: A climate shakedown
Meanwhile, a cap-and-trade bill in Congress is stalled precisely because of its billions of dollars in de facto taxes on U.S. fossil fuel-based systems. An unnamed
As American public sentiment and congressional will to combat global warming wane, climate zealots' strong-arm tactics ratchet up.
The shakedown is underway at the Copenhagen, Denmark, climate conference where 192 nations are discussing how to impose worldwide restrictions on carbon emissions. Some European nations have agreed to send developing nations $3.6 billion a year until 2012 to help poorer countries finance transition from fossil-based fuels to greener alternatives. But the target is $10 billion a year and much more later. The United States is being pressured to kick in a large portion.
Obama Administration source late last week threatened that if Congress won't approve a so-called, market-based cap-and-trade bill, the administration will impose a far harsher, top-down mandate through its regulatory agencies.
"If you don't pass this legislation ... the EPA is going to have to regulate in this area. ... And it is not going to be able to regulate on a market-based way, so it's going to have to regulate in a command-and-control way, which will probably generate even more uncertainty," Fox News quoted the administration source.
Even before recently leaked e-mails at the U.K. East Anglia Climate Research Unit raised serious questions about climate scientists manipulating data to advance the theory of global warming, U.S. public support was receding. The latest Rasmussen Report surveys find that only 37 percent now blame human activity for global warming, and only 30 percent say irreversible catastrophe looms if the world doesn't curb greenhouse gases.
We expect as fiscal prudence and common sense advance, global warming zealots will turn up the pressure even more.
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