Investor’s Business Daily:
Cap-And-Trade: The Grand Canyon State avoids a big economic hole by suspending its participation in a multistate initiative to fight climate change. As climate fraud is exposed, economic reality sets in. Will California follow?
Not since King Canute have government officials engaged in an exercise as futile as in 2007, when seven U.S. states and four Canadian provinces got together to form something called the Western Regional Climate Action Initiative to reduce regional greenhouse gas emissions starting in 2012.
Leading the charge for the pact was California Gov. Arnold Schwarzenegger, who insisted, “We cannot wait for the United States government to get its act together on the environment.” At the time he said the regional agreement “sets the stage for a regional cap-and-trade program which will provide a powerful framework for developing a national cap-and-trade program.”
Since then, the nation has slid into a recession, and the only thing man-made about climate change has been the manipulated and manufactured claims that we are doomed if we don’t act to fight it.
Arizona Gov. Jan Brewer, seeing which way the snow is blowing, has issued an executive order saying her state will suspend its participation in the emission-control plan or any program that could raise costs for businesses and consumers.
The rest here.