Wednesday, July 8, 2009

EPA: uh...yeah...Cap and Trade won't actually work

The EPA are even saying the massive tax bill, Cap and Trade, will have NO impact on climate change. None.

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.”


Without India, China and other developing countries willing to do something, too, the bill does nothing but stifle the American economy. Oh...and China and India? When asked about passing legislation to deal with climate change, they said, "No freakin' way." They are all about growing their economy and making money. And they are smart enough to know climate change is an economy killer. Well...for everyone except Gore.

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