Unlike ours, apparently, because we would have to cut back immediately.
Dan Calabrese , Bio and Archives--November 25, 2015
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Let's not forget the other travesty going on in Paris at the moment - the one Obama thinks will really show ISIS that we mean business. That's the one in which elected officials from nations across the globe conspire to raise taxes and put crushing new controls on industry using the pretext of global warming - oh, sorry, "climate change - because the public won't support these policies they've wanted to impose all along if not for some scare scenario about a looming global ecological disaster.
Actually the public doesn't support it even with that pretext because they can detect Bolshevik more easily than politicians think, but Obama and his counterparts going ahead with the charade anyway. And as they do, here's an interesting detail to chew on: According to the agreement Obama wants to put in place, the U.S. would have to reduce its carbon emissions immediately, while China can continue to increase its carbon emissions until reaching "peak" in 2030. India's emissions will be allowed to triple between now and 2030.Todd Stern, the chief American negotiator heading to Paris, has tried to justify the disconnect. Mr. Stern recently told the Senate that developing countries need to be allowed to keep emitting so that their economies can continue to grow by 8%-9% a year. "If you're an economy which is growing at eight or nine percent a year because that's the stage of development you're in," he testified, "it's pretty hard to say you're supposed to slam on the brakes and go negative overnight."There's an astounding admission embedded in that rationalization if you just pay attention. If China's and India's emission have to keep increasing so as not to stall their economic growth, then Stern is admitting that state-mandated cutbacks in carbon emissions are a detriment to economic growth - not that many of us didn't already know that, of course. And Stern's boss is volunteering to sacrifice U.S. economic growth to facilitate faster growth in China and India. That's a pretty big problem considering that average U.S. quarterly GDP growth since 2011 has been a paltry 1.99 percent. If we know that forced carbon reductions impeded GDP growth - and Stern admits that we do in the statement quoted above - then what exactly is the thinking behind further bogging down our own growth?
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