Posts Tagged ‘greenhouse gas’
Dutch tractor trail…
Dutch farmers used their tractors to snarl traffic during morning rush hour on highways leading to the Hague to protest their livestock and farming practices for being blamed for greenhouse gas emissions and a proposed crackdown on them.
Good for them!
Lying on cap-and-trade…
For the disaster cap-and-trade will heap upon Michigan, see this editorial from The Detroit News.
Of course, the paper neglects to mention the state’s Democratic governor, Jennifer Granholm, has already tried much of Obama’s economic plan, and apparently remains surprised that businesses have fled to friendlier locales, and unemployment continues to grow as they do so.
The last line gets it right: “The only upside is that the negative impact it will have on economic growth and job creation will take care of the carbon emissions problem, for sure.”
And that will be the story in EVERY state if cap-and-trade goes into effect. Obama knows this, but he doesn’t care. His ideology triumphs all else, as you are seeing.
What is hidden from your view is how cap-and-trade will profit General Electric, run into the ground by CEO Jeff Immel, who put in a letter this week that he believes the Obama administration will be a profitable “financier” and “key partner.” This is the same Immel who continued to do business with Iran after denying the company did so.
GE has lobbied hard for the government to impose greenhouse gas restrictions. According to Timothy Carney’s article, GE Employees and executives gave $1.35 million to politicians in the last election, its PAC $1.55 million. About 64% of the total went to Democrats, with Obama “easily the top recipient.”
GE”s joint venture, Greenhouse Gas Services, invests in and “hopes to manage the trade in” greenhouse gas credits. If Obama’s budget line item labeled “climate revenues” is expected to total $646 billion over 8 years, how much do you imagine GE will be making off this scam? Won’t that be a nice reward for backing His Oneness?