As usual it looks like the U.S. will have to go it alone.

[Dave007inVegas]

By PETER BAKER
Published: July 8, 2009

L’AQUILA, Italy — The world’s biggest developing nations, led by China and India, refused Wednesday to commit to specific goals for slashing heat-trapping gases by 2050, undercutting the drive to build a global consensus by the end of this year to reverse the threat of climate change.

As President Obama arrived for three days of talks with other leaders of the Group of 8 nations, negotiators for 17 leading polluters abandoned targets in a draft agreement for the meetings here. But negotiators embraced a goal of preventing temperatures from rising more than 3.6 degrees Fahrenheit, and developing nations agreed to make “meaningful” if unspecified reductions in emissions.

The mixed results underscored the challenges for Mr. Obama as he tries to use his first summit meeting of the Group of 8 powers to force progress toward a climate treaty. With Europe pressing for more aggressive action and Congress favoring a more restrained approach, Mr. Obama finds himself navigating complicated political currents at home and abroad.

If he cannot ultimately bring along developing countries, no climate deal will be effective.

BO is beginning to realize that charm, charisma and bullshit only goes so far.

 

[ProPokerPlayer]

These other countries are polluting like a SOB and yet WE are the ones going to turn into UGANDA North to "SAVE" the fucking planet.....I dont want to insult anybody, i swear i dont, but if you believe that anything we are going to do is going to help the EARTH at all....well then in the words of Foxworthy you just might be stupid as a wall....
Its all about RAPING the USA and they are doing it while the POTUS holds us and down and gags us....

 

[Dave007inVegas]

It doesn’t appear it will be a walk in the park here either.

The Heritage Foundation
July 8th, 2009

With the Waxman-Markey cap-and-trade bill passing the House on June 26th, we turn our attention to the Senate side of the debate. And it’s already starting:

Cabinet officials pressed President Barack Obama’s case for climate-change and clean-energy legislation at a Senate hearing on Tuesday as lawmakers clashed over whether a ‘cap-and-trade’ system for cutting greenhouse gases would help the U.S. economy or hurt it.

‘Denial of the climate-change problem will not change our destiny; a comprehensive energy and climate bill that caps and then reduces carbon emissions will,’ said Energy Secretary Steven Chu in remarks before the Senate Environment and Public Works Committee.

Mr. Chu and the secretaries of agriculture and interior joined the chief of the Environmental Protection Agency in making Mr. Obama’s case to generally supportive Democrats and skeptical Republicans.

Sen. James Inhofe of Oklahoma, the panel’s top Republican, said the cap-and-trade system would amount to the largest tax increase in American history, a statement echoed by many Republicans but shot down by Democrats including Sen. Barbara Boxer of California, who chairs the committee.

‘There are no new taxes,’ Ms. Boxer said Tuesday morning.”

No new taxes? What do you call the estimated $5.7 trillion from 2012-2035 (The Brookings Institute estimates $9 trillion from 2012-2050) in revenue the government expects to collect from this bill? That’s right: they call it climate revenue.

Moreover, it should be a red flag when the Environmental Protection Agency (EPA) admits cap-and-trade won’t work. At yesterday’s hearing before the Senate Environment Public Works Committee,

EPA Administrator Jackson confirmed an EPA analysis showing that unilateral U.S. action to reduce greenhouse gas emissions would have no effect on climate. Moreover, when presented with an EPA chart depicting that outcome, Energy Secretary Steven Chu said he disagreed with EPA’s analysis.

“I believe the central parts of the [EPA] chart are that U.S. action alone will not impact world CO2 levels,” Administrator Jackson said.

Sen. James Inhofe (R-Okla.) presented the chart to both Jackson and Secretary Chu, which shows that meaningful emissions reductions cannot occur without aggressive action by China, India, and other developing countries. “I am encouraged that Administrator Jackson agrees that unilateral action by the U.S. will be all cost for no climate gain,” Sen. Inhofe said. “With China and India recently issuing statements of defiant opposition to mandatory emissions controls, acting alone through the job-killing Waxman-Markey bill would impose severe economic burdens on American consumers, businesses, and families, all without any impact on climate.”

Getting China and India on board with a carbon reduction plan is highly unlikely. Even then, a multilateral approach does not guarantee a successful system or the ultimate goal of global temperature reduction. Take a look at Europe:

Cap-and-trade regimes have advantages, notably the ability to set a limit on emissions and to integrate with other countries. But they are complex and vulnerable to lobbying and special pleading, and they do not guarantee success.

The experience of the European Union is Exhibit A. Emissions targets were set too high. Too many pollution allowances were given away to industry. The value of a carbon credit plummeted. Companies made windfall profits by charging customers more for energy while selling allowances they didn’t need. And the Europeans have not had much success reducing greenhouse gas emissions. Disputes on the next round of reductions led to the creation of a two-tiered system to appease Eastern European countries fearful of the cost to their industries.”

Complex. Vulnerable to lobbying. Handouts to industry. Sound familiar?

:cripwalk:

 

[barman]

"Uganda north..."

man oh man...PPP has really got it bad

 

[ProPokerPlayer]

Suppose GWB made a big announcement that if all switched to a new type of wheel grease that would save u say 7% on carbon emisions in 1 yr ....and then 1 week to the day later Haliburton makes an announcement that they have produced and are ready to manufacture said grease.....Would u want a congressional investigation????

 

[barman]

I have no idea what that question means

Heading back out now after waiting out short rain delay.

Lawn and garden biz has picked up a lot so far this year and I'm making better $$....save for having to drive more slowly while keeping an eye out for Them and Their controlled killing of FreedomLovingPeople in the streets of my city.

 

[Dave007inVegas]

OK, this is not going well, fuck it, we’ll just lay low for awhile….

WASHINGTON (Reuters) - President Barack Obama's push for quick action by Congress on climate change legislation suffered a setback on Thursday when the U.S. Senate committee leading the drive delayed work on the bill until September.

Senate Environment and Public Works Committee Chairman Barbara Boxer said her self-imposed deadline of early August for finishing writing a bill to combat global warming has been put off until after Congress returns from a recess that ends in early September.

"We'll do it as soon as we get back" from that break, Boxer told reporters. Asked if this delay jeopardizes chances the Senate will pass a bill this year, Boxer said, "Not a bit ... we'll be in (session) until Christmas, so I'm not worried about it."

The fuck you're not @)

 

[ProPokerPlayer]

They will pass at least the biggest portion of it..if not in 1 bill then by putting pices of it in other bills, excutive orders,etc....but it WILL get done ...find a book with a line and ill bet it.

 

[Dave007inVegas]

They will pass at least the biggest portion of it..if not in 1 bill then by putting pices of it in other bills, excutive orders,etc....but it WILL get done ...find a book with a line and ill bet it.

The way I see it, any delay in Hershey Highway fucking of Americans is good.

 

[SayHeyKid]

It has nothing to do with "saving the planet" at all. The proposed deal actually will do nothing to reduce carbon emissions, as all big businesses will merely move offshore, and the small businesses will fizzle away.

It's all about bankrupting this economy further so we're reliant on the government and are under their kung-fu grip. Our leaders are sick, sick, sick people.

 

[barman]

...find a book with a line and ill bet it.

Wow....you must really be confident.

No way you would post such a quip otherwise. Why imagine the trouble you would be in if the PoliticoBetBook were to be found by an enterprising forum member

:drink:

 

[barman]

.... the government and are under their kung-fu grip.

Pardon me...But only "I" have the kung-fu grip

Sincerely