Dick Morris today:
Once seemingly beyond reach, the United States is already halfway toward meeting the stringent Kyoto goals for reduction in carbon emissions without a cap-and-trade law or a carbon tax or carbon dioxide being declared a pollutant.
Environmental nightmare? Yes. The goals of the climate-change crowd are not reduction in global warming but the enactment of a worldwide system of regulation that puts business under government control and transfers wealth from rich nations to poor ones under the guise of fighting climate change. Should the emissions come down on their own, as they are doing, the excuse for draconian legislation goes, well, up in smoke.
If President Obama keeps printing money and follows through on taxing the productive class into open rebellion, we might hit the Kyoto targets by the end of his term. Ain’t recessions grand?