Something Wicked This Way Comes: Obama's climate-change initiative

I was reading one of dozens of slamdowns of Thomas Pickety's book "Capitalism in the Twenty First Century" which I should read if Mainstream outlets dislike it so much, when I saw this paragraph about Obama's climate-change initiative. Keep in mind ENERGY and the "Climate Change" debate. Keep in mind the relationship between powerful energy related corporations and their subsidies - now threatened by improving solar and wind energy and remember on whose behalf the White House and Congress typically act - lobbyists. Expect controversy, distraction, and misdirection.

The article reads:


WILL 97% OF SCIENTISTS LIKE THE COSTS OF CARBON RULES?

The Journal reports that next week the Obama administration will "unveil a cornerstone of its climate-change initiative with a proposed rule aimed at allowing states to use cap-and-trade systems, renewable energy and other measures to meet aggressive goals for reducing carbon emissions by existing power plants.

"Energy companies and others affected by the proposal will be watching for key details, including the percentage by which companies and states must reduce carbon emissions, which is expected to be proposed in a range instead of a single number. The baseline year against which those reductions are calculated will also be closely monitored."

As the price tag comes into view for measures aimed to prevent global warming, Americans may wish to reflect on whether the benefits really justify the costs. Joseph Bast and Roy Spencer write in today's Journal that "the assertion that 97% of scientists believe that climate change is a man-made, urgent problem is a fiction. The so-called consensus comes from a handful of surveys and abstract-counting exercises that have been contradicted by more reliable research."

http://online.wsj.com/news/articles/SB10001424052702304587704579587700281380712?vh=1773bcc3c8dda5f3f7f9b5827f826c1f03fc062d&ts=1401201414&mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702304587704579587700281380712.html%3Fvh%3D1773bcc3c8dda5f3f7f9b5827f826c1f03fc062d%26ts%3D1401201414

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